HomeMy WebLinkAbout2004-01-27 - RESOLUTIONS - PFA INVESTMENT FUND (2)RESOLUTION NO. JPA 04-1
A RESOLUTION OF THE SANTA CLARITA
PUBLIC FINANCING AUTHORITY 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 Santa Clarita Public Financing Authority does hereby find that the
deposit and withdrawal of money in the Local Agency Investment Fund, in accordbnee 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 Santa Clarita Public Financing Authority.
NOW, THEREFORE, BE IT RESOLVED, that the Santa Clarita Public Financing
Authority of the City of Santa Clarita does hereby authorize the deposit and withdrawal of
Santa Clarita Public Financing Authority 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 Santa Clarita Public Financing
Authority officers or their successors in the office shall be authorized to order the deposit or
withdrawal of monies in the Local Agency Fund:
Name Title
Ken Pulskamp City Manager
Darren Hernandez Director of Administrative
Services/City Treasurer r`
SECTION 1. The City Clerk shall certify to the adoption of this Resolution'
PASSED, APPROVED AND ADOPTED this 27`h day of January, 2004.
SANTA CLARITA PUBLIC
FINANCING AUTHORITY
ATTEST:
SECRETARY
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF SANTA CLARTTA )
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 Public Financing
Authority at a regular meeting thereof, held on the 27`h day of January, 2004, by the following
vote of the Public Financing Authority:
AYES: MEMBERS: McLean, Smyth, Weste, Ferry, Kellar
NOES: MEMBERS: None
ABSENT: MEMBERS: None
SECRETARY
_ STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF SANTA CLARI TA )
CERTIFICATION OF
JPA RESOLUTION
I, Sharon L. Dawson, Secretary of the Santa Clarita Public Financing Authority, do hereby
certify that this is a true and correct copy of the original Resolution No. JPA 04-1 adopted by
the Santa Clarita Public Financing Authority 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
'2004.
Sharon L. Dawson, CMC
Secretary