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HomeMy WebLinkAboutResolution - 40011 STATE OF CALIFORNIA ) RESOLUTION NO. 4001 COUNTY OF RIVERSIDE) CITY OF SAN JACINTO ) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JACINTO, CALIFORNIA, AUTHORIZING INVESTMENT OF CITY MONIES IN THE LOCAL AGENCY INVESTMENT FUND AND RESCINDING RESOLUTION NO. 3848 WHEREAS, the Local Agency Investment Fund is established in the State Treasury under Government Code section 16429.1 et seq. for the deposit of money of a local agency for purposes of investment by the State Treasurer; and WHEREAS, the City Council of the City of San Jacinto, California, finds that the deposit and withdrawal of money in the Local Agency Investment Fund in accordance with Government Code section 16429.1 et seq. for the purpose of investment as provided therein is in the best interests of the City; NOW, THEREFORE, BE IT RESOLVED, determined, and ordered by the City Council of the City of San Jacinto, California as follows: Section 1. The City Council hereby authorizes the deposit and withdrawal of City monies in the Local Agency Investment Fund in the State Treasury, in accordance with Government Code section 16429.1 et seq. for the purpose of investment as provided therein. Section 2. The following City of San Jacinto, California officers holding the title(s) specified herein below or their successors in office are each hereby authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund and may execute and deliver any and all documents necessary or advisable in order to effectuate the purposes of this resolution and the transactions contemplated hereby: Robert Johnson Thomas Prill Erika Gomez (NAME) (NAME) (NAME) City Manager Deputy City Manager Finance Director (TITLE) (TITLE) (TITLE) (SIGNATURE) (SIGNATURE) (SIGNATURE) DocuSign Envelope ID: 7ADC5B4D-2BD0-4124-BC8E-A8D51F921C77 2 Section 3. This resolution shall remain in full force and effect until rescinded by City Council by resolution and a copy of the resolution rescinding this resolution is filed with the State Treasurer’s Office. Section 4. Resolution No. 3848 is hereby rescinded. PASSED, APPROVED, and ADOPTED at a regular meeting of the City Council on the 2nd day of August 2022 by the following vote: AYES: Heath, Ayala, Ruiz, Hawkins, Ledezma NAYS: None ABSENT: None ABSTAIN: None CITY OF SAN JACINTO: Alonso Ledezma, Mayor ATTEST: Julia Espinoza, City Clerk APPROVED AS TO FORM: BEST BEST & KRIEGER LLP _____________________________________ Craig Hayes, City Attorney DocuSign Envelope ID: 7ADC5B4D-2BD0-4124-BC8E-A8D51F921C77 3 STATE OF CALIFORNIA) COUNTY OF RIVERSIDE) CITY OF SAN JACINTO) CERTIFICATION I, Julia Espinoza, duly appointed City Clerk of the City of San Jacinto, do hereby certify that the foregoing Resolution No. 4001 was duly passed, approved and adopted at a regular meeting of the City Council of the City of San Jacinto on the 2nd day of August 2022, by the following vote: AYES: Heath, Ayala, Ruiz, Hawkins, Ledezma NAYS: None ABSENT: None ABSTAIN: None Julia Espinoza, City Clerk DocuSign Envelope ID: 7ADC5B4D-2BD0-4124-BC8E-A8D51F921C77