HomeMy WebLinkAboutRESOLUTION 2025-009 N.C.S. 01/27/2025Resolution No. 2025-009 N.C.S. Page 1
Resolution No. 2025-009 N.C.S.
of the City of Petaluma, California
RESOLUTION REGARDING RECEIPT AND FILING OF THE CITY TREASURER’S QUARTERLY
REPORT DATED SEPTEMBER 30, 2024
WHEREAS, the City of Petaluma Investment policy approved by the City Council pursuant to Resolution no.
2024-057 N.C.S. adopted June 3, 2024 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, 2024; 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 September
30, 2024, 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 September 30,
2024 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 27th day of January
2025, by the following vote:
Approved as to
form:
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Resolution No. 2025-009 N.C.S. Page 2
City Attorney
AYES: McDonnell, Barnacle, Cader Thompson, DeCarli, Nau, Quint, Shribbs
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: ______________________________________________
City Clerk
______________________________________________
Mayor
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