2005-03 RESOLUTION NO. CRA 2005- 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 shall 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 91h day of June, 2005
ATTEST:
Secretary of the Grandlferrace Community Chairm of the Grand Terrace Community
Redevelopment Agency - Rede opment Agency
RESOLUTION NO. CRA 2005-03
PAGE 2
I, BRENDA STANFILL, 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 9' day of
June, 2005,by the following vote:
AYES: Agency Members Hilkey, Garcia, and Miller; Vice-Chairman Cortes and
Chairman Ferre
NOES: None
ABSENT: None
ABSTAIN: None
Approved as to form:
City AttAe� Secretary