Meetings are held at least once each quarter or on an as-needed basis, at City Hall, 300 E. Chapman Avenue, Orange.
The Committee shall consist of three voting members and the City Treasurer and Finance Director, who shall serve as non-voting members.Voting members must have either their primary residence or primary place of employment in the City.Voting members shall have substantial education and five years of demonstrated managerial experience in one or more of the following areas:investment banking, investment brokerage and sales, investment management, financial management and planning or commercial banking.The duties are set forth in Resolution No. 9625.(Qualifications revised 8/22/06 per Resolution 10112).
Terms of Office:
Two year terms or until his or her respective successor is appointed. (Resolution No. 9625).
The primary purpose is to independently review the City's investments to determine their consistency with the City's investment policy's principal objectives of safety first, liquidity second, and total rate of return third. Duties set forth in Resolution No. 9625.