HomeMy WebLinkAboutRESOLUTION 2024-017 N.C.S. 02/26/2024
Resolution No. 2024-017 N.C.S. Page 1
Resolution No. 2024-017 N.C.S.
of the City of Petaluma, California
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PETALUMA REGARDING RECEIPT AND FILING OF THE CITY TREASURER’S QUARTERLY REPORT DATED DECEMBER 31, 2023 WHEREAS, the City of Petaluma Investment policy approved by the City Council pursuant to Resolution
no. 2023-079 N.C.S. adopted June 5, 2023 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
December 31, 2023; and
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 December 31,
2023, attached hereto as Exhibit A.
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 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 December 31, 2023,
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 the
Council of the City of Petaluma at a Regular meeting on the 26th day of February
2024, by the following vote:
Approved as to
form:
__________________________
City Attorney
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Resolution No. 2024-017 N.C.S. Page 2
AYES: McDonnell, Cader Thompson, Healy, Nau, Pocekay, Shribbs
NOES: Barnacle
ABSENT: None
ABSTAIN: None
ATTEST: ______________________________________________
City Clerk
______________________________________________
Mayor
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Resolution No. 2024-017 N.C.S. Page 3
EXHIBIT A CITY TREASURER’S QUARTERLY REPORT
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