HomeMy WebLinkAboutCC Reso No 1982-38RESOLUTION N0. 82- 38
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF LAKE ELSINORE AUTHORIZING INVESTMENT OF
CITY MONIES IN BANKS AND SAVINGS AND LOAN
INSTITUTIONS.
WHEREAS, the City of Lake Elsinore, from time to time, has
funds available for investment in banks and savings and loan institutions in
accordance with California Government Code, Section 16430; and
WHEREAS, the City Council does hereby find that deposit and
withdrawal of money in banks and savings and loan institutions to be in accord-
ance with the applicable provisions of the Government Code for the purposes of
investment is in the best interests of the City of Lake Elsinore.
NOW, THEREFORE, BE IT RESOLVED that the City Council does
hereby authorize the deposit and withdrawal of City monies in banks and savings
and loan institutions in accordance with the applicable provisions of the
Government Code for the purpose of investment.
BE IT
of the following Deputy
or withdrawal of monies
NAME
MANUEL A. REDE
LAWRENCE RONNOW
of Lake Elsinore,
roll call vote:
AYES
NOES
ABSENT
COUNCILMEN: KNIGHT, MACMURRAY, TORN, VALENZUELA, UNSWORTH
COUNCILMEN: NONE
COUNCILMEN: NONE
t~ 1`~ ~~-vr"""v
J N G. UNSWORTH, MAYOR OF THE
C Y OF LAKE ELSINORE
ATTEST:
FURTHER RESOLVED, that the City Treasurer and any one
City Treasurers shall be authorized to order the deposit
in banks and savings and loan institutions.
TITLE SIGNATURE -1
CITY MANAGER ~~'~~i~li~eL~ ~, LJZ~_
FINANCE DIRECTOR /~'~~e~ ic,rvr„zoz,~
PASSED, APPROVED AND ADOPTED by the City Council of the City
California, on the 25th day of P4ay, 1982, by the following
__ A'~o0~~~/.,~~~,~~~~ >
'DEBORAH A. HAR NGTON, C CLERK