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HomeMy WebLinkAboutRDA Res 08-01 2008-01-14 RESOLUTION NUMBER 08-01 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH AUTHORIZING INVESTMENT OF MONIES IN THE LOCAL AGENCY INVESTMENT FUND I 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 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 stated therein as in the best interest of the Agency. NOW THEREFORE, 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 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 officers or their successors in office shall be authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund: I Robbeyn Bird Director of Administrative Servicestrreasurer Teresa Gonzalez Administrative Services Manager David N. Carmany Executive Director /J . ~O . '&wd ~"..c.. Yt;'-~ c:::r..:v ~ I PASSED, APPROVED AND ADOPTED by the Redevelopment Agency of the City of Seal Beach this 14th day of Januarv , 2008 by the following vote: NOES: Agency Members Om-i6a ;4;CU ,jJ,/hiJw 7j)~ I ( t ~I ~/l /J1).y, ~I AYES: Agency Members ABSENT: Agency Members ABSTAIN: Agency Members I ~. #~ 4./~ Chairman ATTEST: ~n~ J1~ Age cy Secretary Resolution Number 08-01 STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } I, Linda Devine, Agency Secretary of the Redevelopment Agency of the City of Seal I Beach, California, do hereby certify that the foregoing Resolution is the original of Resolution Number OS-Ol ,on file in the office of the City Clerk, passed, approved, and adopted by the Redevelopment Agency of the City of Seal Beach at a meeting thereof held on the 14th day of Januarv , 200S. ~~/ Agen y Secretary I I