Share to Facebook Share to Twitter Bookmark and Share
File #: 12-0254    Version: 1 Name: Divest Investments In Weapons Companies
Type: City Resolution Status: Passed
File created: 1/10/2013 In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
On agenda: 3/5/2013 Final action: 3/5/2013
Title: Subject: Divest Investments In Weapons Companies From: Office Of The City Attorney Recommendation: Adopt A Resolution Of The Oakland City Council (1) Declaring A City Policy Prohibiting The City From Holding Any Investment Or Ownership Stake In Any Manufacturer Of Firearms Or Ammunition, (2) Directing The City Administrator To Examine The City's Holdings And Future Investments To Assure That The City Complies With This City Policy, (3) Urging The Police And Fire Retirement System Board And The Oakland Municipal Employees Retirement System Board To Adopt A Similar Policy, And (4) Urging Other State And Local Jurisdictions To Prohibit Investment Of Their Public Funds In Manufacturers Of Firearms Or Ammunition.
Attachments: 1. View Report.pdf, 2. View Supplemental Report.pdf, 3. 84242 CMS.pdf
Title
Subject:      Divest Investments In Weapons Companies
From:            Office Of The City Attorney
Recommendation:  Adopt A Resolution Of The Oakland City Council (1) Declaring A City Policy Prohibiting The City From Holding Any Investment Or Ownership Stake In Any Manufacturer Of Firearms Or Ammunition, (2) Directing The City Administrator To Examine The City's Holdings And Future Investments To Assure That The City Complies With This City Policy, (3) Urging The Police And Fire Retirement System Board And The Oakland Municipal Employees Retirement System Board To Adopt A Similar Policy, And (4) Urging Other State And Local Jurisdictions To Prohibit Investment Of Their Public Funds In Manufacturers Of Firearms Or Ammunition.