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Resolution Number SJCHA 18-12-10-01RESOLUTION NO. SJCHA 18-12-10-01 L A RESOLUTION OF THE SAN JUAN CAPISTRANO HOUSING AUTHORITY DELEGATING TO THE FINANCE OFFICER AUTHORITY TO DEPOSIT HOUSING AUTHORITY FUNDS AND TO INVEST AND REINVEST HOUSING AUTHORITY FUNDS, XND AUTHORIZING SIGNATURES AND REPEALING SJCHA RESOLUTION NO. 17-12-05-01 WHEREAS, Article 4, Chapter 1, Part 2, Division 24, of the California Health and Safety Code authorizes the San Juan Capistrano Housing Authority to invest and reinvest available funds in certain designated securities as listed in Section 34316.1 of that Code and in accordance with the San Juan Capistrano, Housing Authority's adopted Investment Policy; and, WHEREAS, prudent supervision of the Housing Authority fiscal affairs requires the deposit of and/or the investment or reinvestment of all Housing Authority monies in accordance with the San Juan Capistrano Housing Authority's adopted Investment Policy, and that the Housing Authority Finance Officer is hereby authorized to establish such accounts. NOW, THEREFORE, BE IT RESOLVED that the Commissioners of the San Juan Capistrano Housing Authority does hereby delegate the authority on the above -referenced items to the Finance Officer, Ken AI -Imam. BE IT FURTHER RESOLVED that the following Housing Authority Officers are hereby authorized to draw checks on said deposit accounts of the San Juan Capistrano Housing Authority, and that such authorizations are duly certified by the Housing Authority Secretary and on file at depositories. Depositories are hereby authorized to honor and pay any and all checks so signed: Sergio Farias Chair, or Troy Bourne Vice -Chair, and Ken AI -Imam Finance Officer, or, Benjamin Siegel Executive Director, or Maria Morris Housing Authority Secretary 12/10/2018 BE IT FURTHER RESOLVED that the signature of the Chair or Vice -Chair may be facsimiles. BE IT FURTHER RESOLVED that SJCHA Resolution No. 17-12-05-01 is hereby repealed. PASSED, APPROVED AND ADOPTED this 10t1 day of December 2018. SERGIO FARIAS, CHAIR ATTEST: M RIA , O SING AUTHORITY SECRETARY STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, MARIA MORRIS, appointed Housing Authority Secretary of the San Juan Capistrano Housing Authority of the City of San Juan Capistrano, do hereby certify that the foregoing SJCHA Resolution No. 18-12-10-01 was duly adopted by the Commissioners of the San Juan Capistrano Housing Authority at a regular meeting thereof, held the 10th day of December 2018, by the following vote: AYES: COMMISSIONERS: Maryott, Reeve, Taylor, Bourne and Chair Farias NOES COMMISSIONERS: None ABSENT: COMMISSIONERS: None 1 ' 61 (W �✓ R�A MO R , HOUSING AUTHORITY SECRETARY 12/10/2018