Page 19 - Yucaipa Valley Water District
P. 19

Director Memorandum 17-001




                Date:              January 3, 2017

                Prepared By:       Vicky Elisalda, Controller

                Subject:           Adoption of Resolution No. 2017-01  Approving an  Investment  Policy  and
                                   Appointment of the General Manager as the District Investment Officer


                Recommendation:        That the Board adopts Resolution No. 2017-01.

               On January 6, 2016, the Board of Directors adopted the current investment policy as Resolution
               No. 2016-01 [Director Memorandum No. 16-001].

               Each year the District staff presents the investment policy for review by the Board of Directors.  If
               modifications are not required or desired, then the District staff recommends adopting Resolution
               No. 2017-01 as presented.
















































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