Resolution Number 78-6-7-2X65
RESOLUTION NO. 78_6-7-2
INVESTMENT OF CITY FUNDS
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SAN JUAN CAPISTRANO, CALIFORNIA, DELEGATING
TO THE CITY TREASURER AUTHORITY TO INVEST OR
REINVEST FUNDS OF THE CITY, AND REPEALING
RESOLUTION NO. 78-3-15-3
WHEREAS, Article 1, Chapter 4, Division 2, Title 5 of
the Government Code authorizes the City Council to invest and
reinvest surplus funds in certain designated securities as
listed in Section 53601 of that Code; and,
WHEREAS, Section 53607 of said Code further permits
the City Council to delegate such authority to its Treasurer;
and,
WHEREAS, this City Council deems it to be in the best
interests of the City of San Juan Capistrano for such investments
to be made by the City Treasurer.
NOW, THEREFORE, BE IT RESOLVED that the City Council
of the City of San Juan Capistrano does hereby delegate the
authority granted to it by the aforesaid Article 1, Chapter 4,
Division 2, Title 5 of the Government Code to the City Treasurer,
John C. Gibson.
BE IT FURTHER RESOLVED that this authority shall
continue until such time as it shall be revoked by this City
Council.
BE IT FURTHER RESOLVED that the City Treasurer be and
is hereby directed to abide by all of the obligations and
responsibilities imposed upon him by the aforesaid statutes.
BE IT FURTHER RESOLVED that all investments and
reinvestments shall require the following signatures:
Kenneth E. Friess, Mayor; or
James F. Thorpe, Mayor pro tem; and
John C. Gibson, City Treasurer; or
Mary Ann Hanover, Deputy City Treasurer
BE IT FURTHER RESOLVED that the signature of the Mayor
or Mayor pro tem may be facsimiles.
BE IT FURTHER RESOLVED that Resolution No. 78-3-15-3
is hereby repealed.
June1978
PASSED APPROVED AND ADOPTED this 7th day of
by the followingvote, to wit:
AYES: Councilmen Hausdorfer, Schwartze, Thorpe,
Buchheim and Mayor Friess
NOES: None
ABSENT: None
KENNETH E. FRI SS, MAYOR
ATTEST:
1- `- �? .�j12e "I 'eiC-
CITY CLER
266
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARY ANN HANOVER, City Clerk of the City of San Juan
Capistrano, California, DO HEREBY CERTIFY that the foregoing is a
true and correct copy of Resolution No. 78-6-7-2 , adopted by
the City Council of the City of San Juan Capistrano, California, _
at a regular meeting thereof held on the 7th day of
June , 1978 .
( SEAL) ! C�
MARY ANN NOVER, CITY CLERK
STATE OF CALIFORNIA
COUNTY OF ORANGE ) ss. AFFIDAVIT OF POSTING
CITY OF SAN JUAN CAPISTRANO )
MARY ANN HANOVER, being first duly sworn, deposes
and says:
That she is the duly appointed and qualified City
Clerk of the City of San Juan Capistrano;
That in compliance with State laws of the State of
California and in further compliance with City Resolution
No. 76-12-15-10 and on the 9th day of June 1978,
she caused to be posted:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SAN JUAN CAPISTRANO, CALIFORNIA, DELEGATING
TO THE CITY TREASURER AUTHORITY TO INVEST OR
REINVEST FUNDS OF THE CITY, AND REPEALING
RESOLUTION NO. 78-3-15-3
in three (3) public places in the City of San Juan Capistrano,
to wit:
The Administration Building;
The Post Office;
The Orange County Public Library.
CHECK LIST -7�f_ 6 _ -7
ORD. NO--- ..... RES. NO.- ........
...... --- Mayor has signed
............. Clerk has signed
............. City Seal stamped
_Y_.. All blanks typed in
..Absent.. .._....._ :£T---------------------...--- ---..
"Noes.. ................ �----- ..---- .....................
Typed in Official Record Book
............. Posted to Classified Cards
------------- Copies sent
_.x.oH-S..........
..... Legal Publication ordered to be published
(date) ------- ------------- ------........- _..
No. Affidavits ----- ...---- ._----- ---- ---------- -------------
No. Printed copies required .....9'... _.. _---- ......
Remarks
7 -2-
MARY A,P N ANOVER, City erk dr
San J n Capistrano, California
RESOLUTION
NO.
78-6-7-2
being:
INVESTMENT
OF
CITY FUNDS
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SAN JUAN CAPISTRANO, CALIFORNIA, DELEGATING
TO THE CITY TREASURER AUTHORITY TO INVEST OR
REINVEST FUNDS OF THE CITY, AND REPEALING
RESOLUTION NO. 78-3-15-3
in three (3) public places in the City of San Juan Capistrano,
to wit:
The Administration Building;
The Post Office;
The Orange County Public Library.
CHECK LIST -7�f_ 6 _ -7
ORD. NO--- ..... RES. NO.- ........
...... --- Mayor has signed
............. Clerk has signed
............. City Seal stamped
_Y_.. All blanks typed in
..Absent.. .._....._ :£T---------------------...--- ---..
"Noes.. ................ �----- ..---- .....................
Typed in Official Record Book
............. Posted to Classified Cards
------------- Copies sent
_.x.oH-S..........
..... Legal Publication ordered to be published
(date) ------- ------------- ------........- _..
No. Affidavits ----- ...---- ._----- ---- ---------- -------------
No. Printed copies required .....9'... _.. _---- ......
Remarks
7 -2-
MARY A,P N ANOVER, City erk dr
San J n Capistrano, California