DATE: December 5, 2017
TO: Mayor and City Council
Hayward Housing Authority Board
Hayward Redevelopment Successor Agency Board
Hayward Public Financing Authority Board
FROM: Director of Finance
SUBJECT
Adoption of Fiscal Year 2018 Statement of Investment Policy and Delegation of Investment Authority
RECOMMENDATION
That the Council adopts the attached resolutions reaffirming the updated Fiscal Year 2018 Statement of Investment Policy and extending the delegation of investment authority to the Director of Finance.
ATTACHMENTS
Attachment I Staff Report
Attachment II Resolution-City - Reaffirming Statement of Investment Policy
and Renewing Delegation of Authority to Make Investments
Attachment III Resolution-Housing Authority - Reaffirming Statement of
Investment Policy
Attachment IV Resolution-Hayward Redevelopment Successor Agency -
Reaffirming Statement of Investment Policy and Renewing
Delegation of Authority to Make Investments
Attachment V Resolution-Hayward Public Financing Authority - Reaffirming Statement of Investment Policy and Renewing Delegation of Authority to Make Investments
Attachment VI Memorandum from PFM Asset Management dated October 4,
2017 regarding the City of Hayward Investment Policy Review
Attachment VII Summary of Proposed Changes-Hayward’s Policy Limits vs. CA Govt Code (§ 53601) limits
Attachment VIII FY 2018 Statement of Investment Policy (red-line version)