Investment Committee

Quarterly, To Be Determined.

MEETING LOCATION:

CITY HALL FINANCE CONFERENCE ROOM
1600 WEST BEVERLY BOULEVARD
MONTEBELLO, CA 90640

(323) 887-1412

INVESTMENT COMMITTEE

Maribel Briseno, Chair

Maricruz Raygoza, Co - Chair

Scarlet Peralta

Abraham Lim

CITY TREASURER

Rafael Gutierrez

STAFF MEMBERS

Michael Solorza - Director of Finance

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

 

       all funds                        Investments

 

 The Investment Committee reviews, monitors, and makes recommendation with the respect to the City's investment program. The City will follow Prudent Investor Standard when investing, reinvesting, purchasing, acquiring, exchanging, selling, and managing public funds, a trustee shall act with care, skill, prudence, and diligence under the circumstance then prevailing, that a prudent person acting in a like capacity and familiarity with those matters would use in the conduct of funds of a like character and with like aims, to safeguard the principal and maintain the liquidity needs of the agency. Individuals with items of public interest or concern, should attend the committee meetings.

The Committee affirmed that the next meetings will be held at 6:00 PM on the second Mondays after calendar quarter. The next four regular meetings will be January 13, 2020; April 13, 2020; July 13, 2020; and October 12, 2020. Other special meetings may be added as needed.

Montebello_Statement_of_Investment_Policy_08-28-2019.pdf

Public Banking

AB 857 Public Banking Act


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