HomeMy WebLinkAboutRDA AG PKT 2008-02-11 #2
AGENDA STAFF REPORT
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DATE:
February 11,2008
TO:
Chairperson and Members of the Redevelopment Agency
THRU:
David Carmany, Executive Director
FROM:
Robbeyn Bird, Director of Administrative ServiceslTreasurer
SUBmCT:
OFFICERS AUTHORIZED TO TRANSACT WITH
LAIF
SUMMARY OF REQUEST:
Staff requests Council to update the officers authorized to transact with the Local Agency
Investment Fund (LAIF),
BACKGROUND:
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Due to the recent reorganization of the Administrative Services Department, it is
necessary to update the list of City Personnel authorized to transact with LAIF on behalf
of the Redevelopment Agency. The attached resolution supersedes resolution number
08-01.
FISCAL IMPACT:
None
RECOMMENDATION:
That Redevelopment Agency Board update the list of officers authorized to transact with
LAIF on behalf of the Redevelopment Agen~y.
SUBMI.TI'ED BY:
NOTED AND APPROVED:
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Robbeyn B , CPA
Director of Administrative ServiceslTreasurer
c;::y::I~
D 'dC 1
aVl armany
Executive Director
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Attachment: Resolution
Agenda Item AJ~-.2.
RESOLUTION NUMBER
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A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF SEAL BEACH AUTHORIZING INVESTMENT
OF MONIES IN THE LOCAL AGENCY INVESTMENT
FUND (Superseding Resolution No, OS-(1)
WHEREAS, Pursuant to Chapter 730 of the a1atutes ofl976 Section 16429,1 was
added to the California Govemment Code to create a Local Agency Investment Fund in
the Sllite Treasury for the deposit of money of a local agency for purposes of investment
by the State Treasurer; and
WHEREAS, the Seal Beach Redevelopment Agency Board 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 alated therein as in the best interest of the Agency,
NOW TIIEREFORE, BE IT RESOLVED, that the members of the Seal Beach
Redevelopment Agency does hereby authorize the deposit and withdrawal of Agency
monies in the Local Agency Investment Fund in the State Treasury in accordance with
the provisions of Secnon 16429.1 of the Government Code for the purpose ofinveatment
as alated 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
officers or their successors in office shall be authorized to order the deposit or withdrawal
of monies in the Local Agency Inveatment Fund:
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Robbeyn Bird
Director of Administrative
Scrvicesfrreasurer
Alayna HoanS
Accountant
David N. Carmany
Executive Director
PASSED, APPROVED AND ADOPTED by the Redevelopment Agency of the City of
Seal Beach this 11th day of Februarv . 2008 by the following vote:
A YES: Agency Members
NOES: Agency Members
ABSENT: Agency Members
ABSTAJN: Agency Members
Chairman
ATI'EST:
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City Clerk
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STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
I, Lind. D.vin.. City Clerk of the City of S..I Beach. C.lifornia, do hereby certify th.t
the foregoing Resolution i. the origin.1 copy of Resolution Number _ on file in the
office of the City Cl.rk, p....d. .pproved. and adopted by the Redevelopment Agency of
the City of Seal B..ch at . meeting h.ld on the II th day of F.bruarv . 2008.
S.cretary/City Clerk
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