HomeMy WebLinkAboutResolution 2022-022 N.C.S. 02/07/2022 DocuSign Envelope ID:961B1301-25C9-4070-95F4-66171EE7F473
Resolution No. 2022-022 N.C.S.
of the City of Petaluma, California
RESOLUTION REGARDING RECEIPT AND FILING OF THE CITY TREASURER'S
QUARTERLY REPORT DATED SEPTEMBER 30, 2021
WHEREAS, the City of Petaluma Investment policy approved by the City Council
pursuant to Resolution no. 2021-106 N.C.S. adopted June 21, 2021 requires the City Treasurer to
provide a quarterly investment report to the City Council for compliance with the adopted City
Investment Policy; and
WHEREAS, the City Treasurer has provided for City Council review a quarterly
Treasurer's report dated September 30, 2021.
WHEREAS, this action is exempt from the requirements of the California Environmental
Quality Act(CEQA)in accordance with CEQA Guidelines Section 15378,as approving the City's
investment policy does not meet CEQA's definition of a "project," because the action does not
have the potential for resulting in either a direct physical change in the environment or a reasonably
foreseeable indirect physical change in the environment, it is a fiscal activity which does not
involve commitment to any specific project, and because the action constitutes organizational or
administrative activities of governments that will not result in direct or indirect physical changes
in the environment.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Petaluma
as follows:
1. Declares the above recitals to be true and correct and are incorporated into this
resolution as findings of the City Council.
2. The City Council has received and approves the City Treasurer's Quarterly Report dated
September 30,2021,attached to the staff report as Attachment 2.
3. Finds that this action is exempt from the requirements of the California Environmental
Quality Act (CEQA) in accordance with CEQA Guidelines Section 15378, as
approving the City's investment policy does not meet CEQA's definition of a"project,"
because the action does not have the potential for resulting in either a direct physical
change in the environment or a reasonably foreseeable indirect physical change in the
environment, it is a fiscal activity which does not involve commitment to any specific
RESOLUTION NO 2022-022 N.C.S.
DocuSign Envelope ID:96lB1301-25C9-4070-95F4-66171EE7F473
project, and because the action constitutes organizational or administrative activities of
governments that will not result in direct or indirect physical changes in the
environment.
4. The City Council directs the City Clerk to file the quarterly Treasurer's Report dated September
30,2021 in the official City records.
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by Approved as to
the Council of the City of Petaluma at a Regular meeting on the 7th day for
of February 2022,by the following vote: ooaub�igned by:
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AYES: Barrett,Barnacle,Healy,King,McDonnell and Pocekay
NOES: None
ABSENT: Fischer
ABSTAIN: None
DocuSigned by:
ATTEST: FocuSigned by:
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City Cler FF85E7448E094E6... Mayor
RESOLUTION NO 2022-022 N.C.S
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