HomeMy WebLinkAbout2004-01-27 - RESOLUTIONS - AGENCY INVESTMENT FUND (2)RESOLUTION NO. 04-11
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA CLARTTA, CALIFORNIA, AUTHORIZING 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 City Council 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 interests of
the City of Santa Clarita.
NOW, THEREFORE, the City Council of the City of Santa Clarita does hereby authorize
the deposit and withdrawal of City of Santa Clarita 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 City of Santa Clarita 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 T
Ll -
Ken
Ken Pulskamp City Manager
Darren Hernandez Director of Administrative -
Services/City Treasurer
SECTION 1. The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 27`h day of January, 2004.
ATTEST:
CITY CLERK
STATE OF CALIFORNIA )
COUN'T'Y OF LOS ANGELES
CITY OF SANTA CLARITA )
I, Sharon L. Dawson, CMC, City Clerk of the City of Santa Clarita, do hereby certify that
the foregoing Resolution was duly adyed by the City Council of the City of Santa Clarita at a
regular meeting thereof, held on the 27` day of January, 2004, by the following vote:
AYES: COUNCILMEMBERS: Smyth, Weste, Ferry, McLean, Kellar
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
Iia im
GG"` L)
CITY CLERK
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
CITY OF SANTA CLARITA
) ss.
CERTIFICATION OF
CITY COUNCIL RESOLUTION
I, Sharon L. Dawson, City Clerk of the City of Santa Clarita, do hereby certify that this is a true
and correct copy of the original Resolution No. 04-11, adopted by the City Council of the City of
Santa Clarita, California on January 27, 2004, which is now on file in my office.
Witness my hand and seal of the City of Santa Clarita, California, this _ day of
20_
Sharon L. Dawson, CMC
City Clerk
By
Susan Coffman
Deputy City Clerk