HomeMy WebLinkAbout2002-05-14 - RESOLUTIONS - INVESTMENT FUND (2)RESOLUTION NO. JPA 02-2
A RESOLUTION OF THE BOARD OF THE
SANTA CLARITA PUBLIC FINANCING AUTHORITY
AUTHORIZING AND REQUESTING THE INVESTMENT OF
MONIES IN THE LOCAL AGENCY INVESTMENT FUND
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 Board of Directors does hereby find that the deposit and withdrawal"of:
money in the Local Agency Investment, in accordance with the provisions of Section 1A4291'
of the Government Code, for the purpose of investment as stated therein, is in the be,i i6terests
of the Santa Clarita Public Financing Authority.
NOW, THEREFORE, be it resolved, that the Board of Directors does hereby -iu;:hoiize
the deposit and withdrawal of Santa Clarita Public Financing Authority monies ine I:oeal
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 Santa Clarita Public Financing Authority
officers or their successors in office, shall be authorized to order the deposit or withdrawal of
monies in the Local Agency Investment Fund:
Name Title Si ure
Ken Pulskamp Interim City Manager
Steve Stark City Treasurer
Frank Ferry Mayor
Jill Fosselman Assistant to the City Manager \
Be it resolved, that the above authorizations and designations will be in effect until the
Santa Clarita Public Financing Authority notifies the Local Agency Investment Fund in writing
of any changes.
PASSED, APPROVED AND ADOPTED this 14th day of May, 2002.
ATTEST:
SECRETARY
STATE-01�CALIFORNIA )
COUN 'Y OF LOS ANGELES )as.
CITY YSANTA CLARITA )
I, Sharon L. Dawson, CMC, Secretary of the Santa Clarita Public Financing Authority,
do hereby certify that the foregoing Resolution was duly adopted by the Board of the Santa
Clarita Public Financing Authority, at a meeting thereof, held on the 14th day of May, 2002,
by the following vote of the Board:
AYES: MEMBERS: Smyth, Weste, McLean, Kellar, Ferry
NOES: MEMBERS: None
ABSENT: MEMBERS: None
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