HomeMy WebLinkAboutResolution No. 05-R140 0
RESOLUTION NO. 05-R14
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA AUTHORIZING
INVESTMENT OF MONIES IN THE LOCAL AGENCY INVESTMENT FUND
WHEREAS, pursuant to Chapter 730 of the statues 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 Redevelopment Agency of the City of Azusa 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, is in the best interests of
the Redevelopment Agency of the City of Azusa.
NOW THEREFORE BE IT RESOLVED that the Agency Members of the Redevelopment Agency of
the City of Azusa do hereby authorize the deposit and withdrawal of the Redevelopment Agency of the City
of Azusa 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 Agency officers or their successors in office
shall be authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund:
MARCENE HAMILTON
(NAME)
AGENCY TREASURER
(TITLE))
(SIGNATURE)
ADOPTED AND APPROVED this 28`h day of March 2005.
CHAIRMAN
1 HEREBY CERTIFY that the foregoing resolution was duly adopted by the Agency Members of
the Redevelopment Agency of the City of Azusa at a regular meeting thereof on the 28"' day of March, 2005,
by the following vote of Agency Members:
AYES:
AGENCY MEMBERS:
HARDISON, CARRILLO, ROCHA, HANKS, CHAGNON
NOES:
AGENCY MEMBERS:
NONE
ABSTAIN:
AGENCY MEMBERS:
NONE
ABSENT:
AGENCY MEMBERS:
NONE
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SECRETARY