Resolution Number SJCHA 21-12-07-01RESOLUTION NO. SJCHA 21-12-07-01
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, AND AUTHORIZING
SIGNATURES AND REPEALING SJCHA RESOLUTION NO.
20-12-07-01
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:
Howard Hart
Sergio Farias
Ken AI -Imam
Benjamin Siegel
Maria Morris
Chair, or
Vice -Chair, and
Finance Officer, or
Executive Director, or
Housing Authority Secretary
12/7/2021
BE IT FURTHER RESOLVED that the signature of the Chair or
Vice -Chair may be facsimiles.
BE IT FURTHER RESOLVED that SJCHA Resolution No. 20-12-07-01 is hereby
repealed.
PASSED, APPROVED AND ADOPTED this 7th day of December 2021..,,
I HOWAR HART. CH IR
U
MARIA MORRIS, HOUSI
STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF SAN JUAN CAPISTRANO
SECRETARY
) ss.
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. 21-12-07-01 was duly adopted by the Commissioners
of the San Juan Capistrano Housing Authority at a regular meeting thereof, held the 71h
day of D�cember 2021, by the following vote:
AYES: COMMISSIONERS: Reeve, Taylor, Farias, Bourne and Chair Hart
NOES COMMISSIONERS: None
ABSENT: O MISSIONERS: None
MARIA MORRIS, HULiSING AUTH017Y SECRETARY
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