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REVIEW OF THE DISTRICT’S INVESTMENT POLICY AND RESOLUTION NO. 2023-02
Presented in: Board of Directors Regular Meeting - September 18, 2023 on 2023-09-18
Official Roll-Call Vote
Restrains Gov't • 2.0/10 Impact Weight
PASSED (5 - 0)
““Motion that Resolution No. 2023-02 stating that the Board of Directors has reviewed the proposed investment policy and investment strategies of the District, be passed and approved.””
CC
Chris Calvery
Director, Place 3
YES
AA
Anna Areco
Director, Place 4
YES
WC
William Correa
Director, Place 5
YES
SA
Shree Asanare
Director, Place 1
YES
DS
Douglas Stephan
Director, Place 2
YES
Staff Report & Agenda Item Details
Ms. Tyrone reported to the Board. Director Arceo made the following motion: “Motion that Resolution No. 2023-02 stating that the Board of Directors has reviewed the proposed investment policy and investment strategies of the District, be passed and approved.” Director Stephan seconded the motion which was unanimously approved.
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.0/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.