HomeMy WebLinkAboutCC Reso No 2007-001City of Lake Elsinore
Regular Account Resolution
Resolution of the City of Lake Elsinore
Resolution No. 2007-O1
Agency Agency
Address: 130 S. Main St.. Lake Elsinore, CA. 92530 Phone Number: (951) 674-3124
AUTHORIZING INVESTMENT OF MONIES
IN THE LOCAL AGENCY INVESTMENT FUND
WI-IEREAS, Pursuant to Chapter 730 of the statutes of 1976 Section 16429. It was added to
the California Government Code to create a Local Agency Investment Fund in the State
Treasury far deposit of money of a local agency for purposes of investment by the State
Treasurer;and
WHEREAS, the City Council does hereby find that the deposit and withdrawal of money in
the Local Agency Investment Fund in accordance with the provisions of Section 16429.1 of
the Government Code for the purpose of investment as stated therein as in the best interests of
the City.
NOW THEREFORE, BE IT RESOLVED, that the City Council does hereby authorize the
deposit and withdrawal of City monies in the local Agency Inveshnent Fund in the State
Treasury in accordance with the provisions of Section 164291 of the Government Code for
the purpose of investment as stated therein, and verification by the State Treasurer's Office of
all banking information provided in that regard.
BE IT FURTHER RESOLVED, that the following City officers or their successors in
ofTice shall be authorized to order the deposit or withdrawal of monies in the Loca1 Agency
Investment Fund:
David W. Saron
Director of mmunity ices
~~
(Signature)
Matt N. Presse
Director of Administrative Services Finance Division Manager
~
(Signature) ignature)
PASSED AND ADOPTED, by the City Council of the City of Lake Elsinare, Riverside
County of the State of California on January 9, 2007.
Robert A. Bradv
LOCAL AGENCY INVESTMENT FUND
AUTHORIZATION FOR TRANSFER OF FUNDS
DATE
1/9/2007
ADDITIONS
AGENCY NAME
Citv of Lake Elsinore
LAIF ACCOUNT #
98-33-411
ivame i~ne ~~ nature
James R. Rilev Finance Division Manaeer
DELETIONS
Name
Kim Magee
Please mail completed form to:
State Treasurer's nffice
Local Agency Inveshnent Fund
P. O. Box 942809
Sacramento, CA. 94209-0001
Director of Administrative Services
Print Title
Matt N. Pressey
Print Name
X
Authorized Sign3 •e
(Must be authorized pe4' esolution)
Two authorized signatures required
Citv Manager
Print Title
Robert A.Brady
Print Name /
X
be authorize~ per Resolution)
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I, FREDERICK RAY, CITY CLERK OF THE CITY OF LAKE
ELSINORE, DO HEREBY CERTIFYthat the foregoing Resolution duly
adopted by the City Council of the City of Lake Elsincre at a regular meeting of
said Agency on the 9`~' day of January, 2007, and that it was so adopted by the
following vote:
AYES: COUNCILMEMBERS: BUCKLEY, HICKMAN, KELLEY.
SCHIFFNER, MAGEE
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
~K
CITY OF LA]
(SEAL)
CITY CLERK
ELSINORE
STATE OF CALIFORNIA )
, ', COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I, FREDERICK RAY, CTTY CLERK OF THE CITY OF LAKE
ELSINORE, DO HEREBY CERTIFY that the above and foregoing is a full, true
and correct copy of Resolution No. 2007-01 of said Council, and that the same has
not been amended or repealed.
DATED: January 9, 2007
FREDERIC 1~AY, CMC, CITY CLERK
CITY OF AKE ELSINORE
(SEAL)