HomeMy WebLinkAboutResolution - 08-07 STATE OF CALIFORNIA ) RESOLUTION NO. RDA 08-07
COUNTY OF RIVERSIDE)ss
CITY OF SAN JACINTO )
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVLOPMENT AGENCY OF THE CITY OF SAN JACINTO,
CALIFORNIA, AUTHORIZING THE INVESTMENT OF MONIES IN
THE LOCAL AGENCY INVESTMENT FUND
WHEREAS, Pursuant to Chapter 730 of the statutes of 1976
Section 16429.1 was added to the California Government Code to create 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 Board of Directors 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
Redevelopment Agency of the City of San Jacinto;
NOW, THEREFORE, BE IT RESOLVED, that the Board of
Directors does hereby authorize the deposit and withdrawal of the
Redevelopment Agency of the City of San Jacinto 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 Redevelopment
Agency of the City of San Jacinto officers or their successors in office shall be
authorized to order the deposit or withdrawal of monies in the Local Agency
Investment Fund:
Jim Ayres Chris Carlson Jim Potts
(Name) (Name) (Name)
Chairman Vice-Chairman Treasurer
(T ) (Title)
(Sig ture) i ure) (Signature)
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PASSED AND ADOPTED, by the Board of Directors of the
Redevelopment Agency of the City of San Jacinto, County of Riverside, State of
California on June 19, 2008.
APPROVED AND ADOPTED this 19th day of June, 2008 by the
following vote:
Ayes: Carlson, Mansperger, Stubblefield, Ayres
Nays: None
Absent: Ritchie
Abstain: None
Redevelop ent Agency of the City of San Jacinto
qm�
By: Ji yres,W7irman
ATTEST: A&W�7aid
orothy L. houinard, Secretary
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