HomeMy WebLinkAboutRDA Res 08-02 2008-02-11
RESOLUTION NUMBER 08-02
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. 08-01)
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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.
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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:
Robbeyn Bird
Director of Administrative
ServiceslTreasu rer
Alayna Hoang
Accountant
David N. Carmany
Executive Director
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PASSED, APPROVED AND ADOPTED by the Redevelopment Agency of the
City of Seal Beach this 11 th day of Februarv 2008 by the
following vote:
AYES:
NOES:
ABSENT:
Age""" Membe4,Oo, ~,Ji ,.JIM." ltbk,.,
Agency Members ___
Agency Members ~
Agency Members *1
ABSTAIN:
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Chairm
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Ci Clerk
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ATTEST:
Resolution Number 08-02
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STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
I, Linda Devine, City Clerk of the City of Seal Beach, California, do hereby certify I
that the foregoing Resolution is the original copy of Resolution Number 08-02
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 held on the ..1.1!!:!
day of Februarv, 2008.
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Se etary/City Clerk '
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