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
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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:
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Robbeyn Bird
Director of Administrative
Servicestrreasurer
Teresa Gonzalez
Administrative Services
Manager
David N. Carmany
Executive Director
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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
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AYES:
Agency Members
ABSENT:
Agency Members
ABSTAIN:
Agency Members
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Chairman
ATTEST:
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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.
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Agen y Secretary
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