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HomeMy WebLinkAboutPFA Reso No 2005 Redevelopment Agency Regular Account Resolution Resolution of the Redevelopment Agency of the City of Lake Elsinore Resolution # RDA 2005-1 Agency Address 130 S. Main St. Lake Elsinore. CA 92530 Agency Phone Number (951) 674-3124 AUTHORIZING 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 ereate a Local Agency Investment 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 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 Investment 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 regard. BE IT FURTHER RESOLVED, 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: Robert Brady Executive Dir ctor Vacant Assistant Executive Director Vacant (Signature) Matt Pressey Director of Administrative Services ~~ (Signatirre) Kim Magee Fi ce Manager PASSED AND ADOPTED, by the City Council of City of Lake Elsinore, Riverside County of State of California on January 25, 2005. LOCAL AGENCY INVESTMENT FUND AUTHORIZATION FOR TRANSFER OF FUNDS DATE 1/25/05 AGENCY NAME Redevelbpment Aqency LAlF ACCOUNT # 65-33-008 ADDITIONS Name Robert A. Brad DELETIONS Name Richard Watennauah Marlene Best I Please mail completed form to: I State Treasurer's Office . Local Agency Investment Fund P.O. Box 942809 Sacramento, CA 94209-0001 Director of Administrative Services Print Title Matt N. Pressey Print Name Finance ManaCjer Print Title x x Authorize ignature (Must be authorized per Resolution) Two authorized signatures required STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, VICKI KASAD, CMC, CITY CLERK OF THE CITY OF LAKE ELSINORE, DO HEREBY CERTIFY that the foregoing Resolution duly adopted by the Redevelopment Agency of the City of Lake Elsinore at a Regular meeting of said Agency on the 25th day of January, 2005, and that it was so adopted by the following vote: AYES: BOARDMEMBERS: BUCKLEY, KELLEY, MAGEE, SCHIFFNER, HICKMAN NOES: BOARDMEMBERS: NONE ABSENT: BOARDMEMBERS: NONE AB :~B)2JERS: VICKI KASAD, CMC, CITY CLERK CITY OF LAKE ELSINORE NONE (SEAL) STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, VICKI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE , DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of Resolution . .N.. 0: F. 2005-0 I of said Agency, and that the same has not been amended or repealed. DAm'D: Jan~, 2005 .: r. ',J~ : ,.kJ<;i " SAD, CMC, CITY CLERK . ~ITY OF LAKE ELSINORE