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HomeMy WebLinkAbout2008-06-10 - RESOLUTIONS - LOCAL AGENCY INVESTMENT FUND (2)1 1 1 RESOLUTION NO. RDA 08-8 A RESOLUTION OF THE CITY OF SANTA CLARITA REDEVELOPMENT AGENCY 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 Californian 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 Redevelopment Agency. NOW, THEREFORE, be it resolved that the City of Santa Clarita Redevelopment Agency does hereby authorize the deposit and withdrawal of City of Santa Clarita Redevelopment funds 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 Redevelopment Board 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 SIGNATURE Ken Pulskamp Darren Hernandez Ken Striplin Robert Kellar SECTION 1 Executive Director Treasurer Assistant Executive Director Agency Chair The City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED AND ADOPTED this 10th day of June, 2008. AIR ATTEST: SECRETARY STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF SANTA CLARITA ) I, Sharon L. Dawson, MMC, Secretary of the City of Santa Clarita Redevelopment Agency, do hereby certify that the foregoing Resolution was duly adopted by the Redevelopment Agency of the City of Santa Clarita at a regular meeting thereof, held on the 10th day of June, 2008, by the following vote: AYES: AGENCY MEMBERS: Ender, Weste, Ferry, McLean, Kellar NOES: AGENCY MEMBERS: None ABSENT: AGENCY MEMBERS: None SECRETARY 2 1 1 1 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF SANTA CLARITA ) CERTIFICATION OF REDEVELOPMENT AGENCY RESOLUTION I, Sharon L. Dawson, Secretary of the City of Santa Clarita Redevelopment Agency, do hereby certify that this is a true and correct copy of the original Resolution No. RDA 08-8, adopted by the Redevelopment Agency of the City of Santa Clarita, California on June 10, 2008, which is now on file in my office. Witness my hand and seal of the Redevelopment Agency of the City of Santa Clarita, California, this 10th day of June, 2008. Sharon L. Dawson, MMC Secretary in Susan Caputo Deputy Secretary 1