Page 20 - Yucaipa Valley Water District

Director Memorandum No. 17-001 Page 2 of 9

RESOLUTION NO. 2017-01

A RESOLUTION OF THE YUCAIPA VALLEY WATER DISTRICT
APPROVING AN INVESTMENT POLICY AND APPOINTING
THE GENERAL MANAGER AS THE DISTRICT INVESTMENT OFFICER

WHEREAS, California Government Code, Section 53646, requires the annual adoption of an
investment policy.

NOW, THEREFORE, the Yucaipa Valley Water District hereby resolves as follows:

Section 1: Adoption of Investment Policy. Pursuant to Government Code 53600 et
seq., the “Yucaipa Valley Water District Statement of Investment Policy” is hereby
approved as attached hereto and incorporated herein by this reference.

Section 2: Appointment of Investment Officer. The General Manager of the District is
hereby appointed as the District’s Investment Officer and is authorized and directed to
do all things necessary to implement the Investment Policy.

PASSED, APPROVED, and ADOPTED this 3 day of January 2017.
rd

YUCAIPA VALLEY WATER DISTRICT ATTEST:

Jay Bogh, President Board of Directors Joseph B. Zoba, General Manager

Yucaipa Valley Water District - January 3, 2017 - Page 20 of 120