Resolution 2935-13 1 RESOLUTION NO. 2935-13
2 A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
3 ADOPTING A STATEMENT OF INVESTMENT POLICY AND
SUPERSEDING RESOLUTION NO. 2912-12
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6 BE IT RESOLVED, by the Board of Directors of the South Tahoe Public Utility
7 District, County of EI Dorado, State of California, as follows:
$ WHEREAS, the South Tahoe Public Utility District enters into various
investments from time to time on behalf of the District as permitted by the California
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Government Code and the District's investment policy; and
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WHEREAS, the South Tahoe Public Utility District staff wish to update the
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Statement of Investment Policy to enhance the South Tahoe Public Utility District's
12 opportunities for prudent and systematic investments, to delegate the Chief Financial
13 Officer as the investment officer of the District, and to update certain language
14 according to the California Government Code; and
15 NOW, THEREFORE BE IT RESOLVED, by the Board of Directors of the South
16 Tahoe Public Utility District that:
17 The attached Statement of Investment Policy is hereby adopted and becomes a
�g part of this Resolution by reference herein.
�g WE, THE UNDERSIGNED, do hereby certify that the above and foregoing
20 resolution was duly and regularly adopted and passed by the Board of Directors of the
21 South Tahoe Public Utility District at a regular meeting duly held on the
18th day of July, 2013, by the following vote:
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AYES: Cefalu, Jones, Vogelgesang, Sheehan, Schafer
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24 NOES: None
25 ABSENT: None
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27 Eric Schafer, Board President
South Tahoe Public Utility District
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29 ATTEST:
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Kathy Sharp, Clerk of the Board