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Resolution 2703-99 18 following vote: 19 AYES: Directors 20 NOES: None 21 ABSENT: None 22 23 24 25 26 ATTEST: 27 r-.. \,... 28 - ~ ~ 1 2 3 4 RESOLUTION NO. 2703-99 A Resolution of the Board of Directors of the South Tahoe Public Utility District Adopting a Statement of Investment Policy 5 BE IT RESOLVED, by the Board of Directors of the South Tahoe Public Utility 6 District, County of EI Dorado, State of California, as follows: 7 WHEREAS, the South Tahoe Public Utility District enters into various investments 8 from time to time on behalf of the District; and 9 WHEREAS, the South Tahoe Public Utility District staff wish to update the 10 Statement of Investment Policy to enhance the South Tahoe Public Utility District's 11 opportunities for prudent and systematic investments. 12 NOW, THEREFORE BE IT RESOLVED, by the Board of Directors of the South Tahoe 13 Public Utility District that: 14 The attached Statement of Investment Policy is hereby adopted and becomes a 15 part of this Resolution by reference herein. 16 PASSED AND ADOPTED by the Board of Directors of the South Tahoe Public 17 Utility District at a duly held regular meeting on the 16th Day of December, 1999 by the Wallace, Strohm, Jones, Gochnauer, Mosbacher. , Board President blic Utility District