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Obiectives, Risk, & Diversification <br /> The objectives of the investment program are as follows in order of priority: <br /> • Safety of Principal <br /> • Liquidity <br /> • Suitability <br /> • Yield. <br /> All investments contain market risk and credit risk. The recommended policy is designed <br /> to establish a very low tolerance for risk with safety of principal being paramount as a <br /> guiding principle and objective. <br /> Submitted by: Approved by: <br /> Susan Hsieh /erBeaudin <br /> Director of Finance City Manager <br /> Attachments: <br /> 1. Resolution <br /> 2. Proposed Investment Policy and Guidelines <br /> Page 5 of 5 <br />