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Resolution 2749-02 ~ 1 2 3 4 5 6 7 -.. RESOLUTION NO. 2749-02 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT ADOPTING A STATEMENT OF INVESTMENT POLICY BE IT RESOLVED, by the Board of Directors of the South Tahoe Public Utility District, County of EI Dorado, State of California, as follows: WHEREAS, the South Tahoe Public Utility District enters into various investments from 8 time to time on behalf of the District; and 9 WHEREAS, the South Tahoe Public Utility District staff wish to update the Statement 10 of Investment Policy to enhance the South Tahoe Public Utility District's opportunities for 11 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 part 15 of this Resolution by reference herein. 16 PASSED AND UNANIMOUSLY ADOPTED by the Board of Directors of the South 17 Tahoe Public Utility District, this 19th day of December, 2002. 18 A YES: Directors Eecker, Jones, Wallace, Schafer 19 NOES: None 20 ABSENT: Director Hosbacher 21 22 23 24 ATTEST: 25 26 \.. 27 28 ~~ Duane Wallace, Board President South Tahoe Public Utility District