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File Number: 12 -318 <br />notes is standard in California cities. The City's Policy follows the Government Code <br />cited above. Mayor Cassidy asked staff to review the policy again and consider <br />modifying the language to reduce the potential exposure to investing in corporate <br />notes, as defined in the longstanding City Investment Policy. Assistant City Manager <br />Marshall stated she would review the policy with Mr. Baum and report to the Finance <br />Committee at the next meeting. <br />5. Discussion Regarding Future Committee Meeting Day /Time <br />After discussing the possibility of changing the time of the meeting, the Finance <br />Committee agreed to continue to meet on the first Friday of the month at 8:30am. <br />6. Public Comments <br />None <br />7. Committee Member Comments <br />Councilmember Prola stated he would like to discuss the "removal" of the automobile <br />allowance that is available to the City Council. Mayor Cassidy stated that this is an <br />item that should be brought before the entire Council for further discussion. <br />8. Adjourn <br />The meeting was adjourned at 9:20 a.m. <br />City of San Leandro Page 3 Printed on 611212012 <br />