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6.A. - Page 18 of 40 <br />CITY OF REDWOOD CITY <br />INVESTMENT POLICY <br />specifically directed by Federal or State statute, City Council <br />agreement. <br />2. The allocation methodology will be maintained by the City Treasurer. <br />XVIII. Reporting <br />directive, or contractual <br />A. The City Treasurer will provide a monthly report of transactions to City Council. <br />A:B.The City Treasurer will provide a quarterly report to the City Manager and City Council f u r <br />times p e ra- year which will include the following information by security, as applicable, held <br />at the end of the reporting period: <br />1. Investment Type/Description <br />2. Issuer <br />3. Purchase Date <br />4. Maturity and Call Dates <br />5. Book Value/Purchase Price <br />6. Par Value <br />7. Market Value <br />8. Yield by Security and Weighted Average <br />9. Source of Market Valuation <br />10. Weighted Average Maturity <br />11. Funds, investments and loans, if any, that are under the management of contracted parties <br />12. Un -invested cash balances <br />13. A description of the compliance with the statement of investment policy, or an explanation <br />of any non-compliance. <br />14. A statement denoting the ability of the City to meet cash flow requirements for the next <br />six months, or provide an explanation as to why sufficient money shall, or may, not be <br />available. <br />XIX. Investment Policy Adoption <br />The City's investment policy shall be adopted by motion of the City Council, who shall also review the <br />policy annually and approve any modification thereto. <br />XX. Indemnification of Investment Officials <br />Investment officers acting in accordance with this Policy and written procedures, and reporting and taking <br />appropriate action regarding any adverse developments in a timely manner, will not be held personally <br />liable for any investment losses. <br />XXI. Glossary of Common Treasury Terminology <br />AGENCIES: Federal agency securities and/or Government-sponsored enterprises. <br />ASKED: The price at which securities are offered. <br />BANKERS' ACCEPTANCE (BA): A draft or bill or exchange accepted by a bank or trust company. The <br />accepting institution guarantees payment of the bill, as well as the issuer. <br />DRAFT on 1/13/20 Approved by Council 1/14/2019 14 <br />W <br />