HomeMy WebLinkAboutCC Reso No 2005-001City of Lake Elsinore
Regular Account Resolution
Resolution of the City of I;ake Elsinore
Resolution # zo05-1
Agency Agency
Address 130 S. Main St. Lake Elsinore. CA 92530 Phone Number (951 674-3124
AUTAORIZING INVESTMENT OF MONIES
IN THE LOCAL AGENCY INVESTMENT FUND
WHEREAS, Pursuant to Chapter 730 of the statutes of 1976 Section 16429. It was
added to the California Government Code to create a Local Agency Inveshnent Fund in
the State Treasury for the deposit of money of a local agency for purposes of investment
by the State Treasurer; and
WHEREAS, the Citv Council does hereby find that the depo~iE and withdrawal of money
in the Local Agency Investment Fund in accordacace with the provisions of Section
16429.1 of the Government Code for the gurpose 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 16429.1 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 :egard.
BE IT FURTHER RESOLVEp, that the following City officers or their successors in
office shall be authorized to order the deposit or withdrawal of monies in the Local
Agency Investment Fund:
~Jicki Kasad
lerk/Hk r~n iesource Director
:-.
~~ ~~ ~~~
~.u~,~.~. .L~~.~:
(Sigr.ature)
Robert Bradv
~iiy Manager:
(Signature)
Vacant
Assistant City Manager
Vacant
(Signature)
Matt Pressev Kim Maeee
Director of Administrative Services Fin cg.Manager
i
(Signature) (Signature)
PASSED AND ADOPTED, by the City Council of City of Lake Elsinore, Riverside
County of State of California on January 25, 2005.
DATE
' 1/25/05
ADDITIONS
LOCAt AGENCY 1NVESTMENT FUND
AUTHORIZATION FOR TRANSFER OF FUNDS
AGENCY NAME tAIF ACCOUNT #
Citv of Lake Elsinore
98-33-411
Name Title Si nature
Robert A. Brady Cit Mana er
DELETIONS
ldame
Director of Administrative Services
Print Title
Matt N. Pressey
Print Name
i
X //~/./.~~
Authorized Sig ure
(Must be authorize er Resoiution)
Please maii completed form to:
State Treasurer's OfFce
Loca/ Agency lnvestment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
Finance Manaqer
Print Titie
Kim Ma ee
Print Name
X
Aut orized gnature
(Must be authorized per Resolution)
Two authorized signatures required
STATE OF CALIF012NIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I, VICHI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE,
CALIFORNIA, DO HEREBY CERTIFY that the foregoing Resolution duly adopted by
the City Council of the City of Lake Elsinore at a Regular Meeting of said Council on the
25h of January, 2005, and that it was so adopted by the following vote:
AYES: COUNCILMEMBERS:
BUCKLEY, HICKMAN, KELLEY,
SCHIFFNER, MAGEE
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
A u AIN: COUNCILMEMBERS:
Z`KI~A~C CITY CLERK/
> >
fx'Ji~iIAN RESOY7RCES DIRECTOR
CITY OF LAKE ELSINORE
(SEAL)
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) 5S:
CITY OF LAKE ELSINORE)
NONE
NONE
NONE
I, VICHI KASAD, CITY CLERK OF THE CITY OF LAK~ ELSINORE,
DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
Resolution No. 2005-1 of said Council, and that the same has not been amended or
repealed.
1)~7CJE: January 26, 2005
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~ ~~ /~W~+~/`~./ 1
`.~J~ HI KASAD, CMC, CITY CLERK/
HiJR~1E4N N~SO~[JRCES DIRECTOR
CITY OF LAKE ELSINORE
(SEAL)