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95-131 RESOLUTION NO. 95R-131 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM CONCERNING QUALIFICATIONS FOR MEMBERSHIP ON THE INVESTMENT ADVISORY COMMISSION ~ WHEREAS, the City Council of the City of Anaheim has heretofore adopted Section 1.04.995 of the Anaheim Municipal Code creating a~-Investment Advisory Commission; and - ~ WHEREAS, subsection .020 of said Section 1.04.995 of the Anaheim Municipal Code provides that the City Council shall establish the qualifications for membership on the Investment Advisory Commission by resolution of the City Council. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that, in addition to the required qualifications set forth in subsection .020 of Section 1.04.995 of the Anaheim Municipal Code, it is desirable but not mandatory that each member of the Investment Advisory Commission should be either: 1. A Certified Financial Analyst (CFA); or 2. A Certified Financial Planner (CFP); or 3. A Certified Public Accountant (CPA); or 4. A college graduate possessing a Bachelor's, Master's or Doctorate degree in Business with special emphasis in Finance or Economics; or 5. An individual with at least five years professional experience as an Economist, Investment Advisor or related field. BE IT FURTHER RESOLVED that the aforesaid qualifications are meant to serve as guidelines to be considered by the City Council, together with other qualifications of the candidates, in making appointments to the Commission. The appointment of a member who does not meant one or more of the criteria set forth in paragraphs 1 through 5 above shall be deemed a waiver of such qualifications for the person so appointed. THE FOREGOING RESOLUTION IS APPROVED AND ADOPTED by the City Council of the City of Anaheim this 11th day of July , MAYOR OF THE CITY O~ CITY CLERK OF THE CITY OF ANAHEIM STATE OF CAUFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 95R-131 was introduced and adopted at a regular meeting provided by law, of the Anaheim City Council held on the 1 lth day of July, 1995, by the following vote of the members thereof: AYES: MAYOR/COUNCIL: Tait, Lopez, Zemel, Feldhaus, Daly NOES: MAYOR/COUNCIL: None ABSENT: MAYOR/COUNCIL: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said Resolution No. 95R-131 on the 11th day of July, 1995. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 11th day of July, 1995. CITY CLERK OF THE CITY OF ANAHEIM (SEAL) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 95R-131 was duly passed and adopted by the City Council of the City of Anaheim on July 11th, 1995. CITY CLERK OF THE CITY OF ANAHEIM