2008-03 RESOLUTION NO. CRA 2008-03
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE . CITY OF GRAND TERRACE,
CALIFORNIA,ADOPTING AN INVESTMENT POLICY FOR
THE AGENCY
WHEREAS, California Government Code 53646 (2).requires that the Treasurer or-Chief
Fiscal Officer may annually render to the governing legislative body a Statement of Investment
Policy,which the governing body shall consider at a public meeting;
NOW,THEREFORE,The Board of Directors of the Community Redevelopment Agency
does hereby resolve, declare, determine, and order as follows:
Section 1. The Board has reviewed and considered the Statement of Investment Policy in
a public meeting.
Section 2. That the statement of Investment Policy attached hereto and incorporated herein
by reference is the adopted Investment Policy for the Agency.
Section 3. The-appropriate officers, agents and employees of the Agency are hereby
authorized_and directed, on behalf-of the Agency, to invest available funds, from time to time, in
accordance with the Statement of Investment Policy.
PASSED,APPROVED AND ADOPTED this 1 oth day of June, 2008
ATTEST:
Secretary of the Grand Terrace Community Chairmen of the Grand Terrace Community
Redevelopment Agency Redevelopment Agency
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. RESOLUTION NO. CRA 2008-03
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I, BRENDA MESA, Secretary of the Community Redevelopment Agency of the City of
Grand Terrace, do hereby certify that the foregoing Resolution was introduced and adopted at a
regular meeting of the Grand Terrace Community Redevelopment Agency held on the 10`h day of
June, 2008, by the following vote:
AYES: Agency Members Cortes, Miller and Buchanan; Vice-Chairman Garcia and
Chairman Ferre
NOES: None
ABSENT: None
ABSTAIN: None
Approved as to form:
City Attorney Secretary