File #: CONS 16-756   
Section: Consent Status: Agenda Ready
Meeting Body: Council Budget and Finance Committee
Agenda Date: 12/13/2016 Final action:
Subject: Adoption of Fiscal Year 2017 Statement of Investment Policy and Delegation of Investment Authority
Attachments: 1. Attachment I Staff Report, 2. Attachment II Resolution City, 3. Attachment III Resolution Housing Authority, 4. Attachment IV Resolution Successor Redevelopment, 5. Attachment V Resolution Public Financing Authority, 6. Attachment VI Hayward Investment Policy Memo, 7. Attachment VII FY 2017 Statement of Investment Policy

DATE:      December 13, 2016

 

TO:            Mayor and City Council

                                          Hayward Housing Authority Board

                                          Hayward Redevelopment Successor Agency Board

                                          Hayward Public Financing Authority Board

 

FROM:     Acting Director of Finance

 

SUBJECT

 

Adoption of Fiscal Year 2017 Statement of Investment Policy and Delegation of Investment Authority

 

.RECOMMENDATION

 

That the Council adopts the attached resolutions reaffirming the updated Fiscal Year 2017 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 Successor Redevelopment 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 21,

                                                                                    2016 regarding the City of Hayward Investment Policy Review

Attachment VII                     FY 2017 Statement of Investment Policy (red-line version)