Resolution Number CRA 01-12-04-011
CRA RESOLUTION NO. 01-12-04-01
A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY
REDEVELOPMENT AGENCY DELEGATING TO THE AGENCY FINANCE
OFFICER AUTHORITY TO DEPOSIT AGENCY FUNDS AND TO INVEST
AND REINVEST AGENCY FUNDS, AUTHORIZING SIGNATURES, AND
REPEALING RESOLUTION NO. CRA 01-10-02-01
WHEREAS, Article 1, Chapter 6, Division 1, of the California Health and Safety
Code authorizes the San Juan Capistrano Community Redevelopment Agency to invest
and reinvest available funds in certain designated securities as listed in Section 33603 of
that Code; and,
WHEREAS, prudent supervision of Agency fiscal affairs requires the deposit of
and/or the investment or reinvestment of all Agency monies in state or national banks or
state or federal savings and loan associations, and that the Agency Finance Officer is
hereby authorized to establish such accounts.
NOW, THEREFORE, BE IT RESOLVED thatthe Board of Directors of the San Juan
' Capistrano Community Redevelopment Agency does hereby delegate the authority on the
above -referenced items to the Agency Finance Officer.
BE IT FURTHER RESOLVED that the following Agency Officers are hereby
authorized to draw checks on said deposit account of the San Juan Capistrano Community
Redevelopment Agency, and that such authorizations are duly certified by the Agency
Secretary and on file at depositories. Depositories are hereby authorized to honor and pay
any and all checks so signed:
Collene Campbell
Wyatt Hart
George Scarborough
Cynthia L. Russell
Margaret R. Monahan
Chairman. or
Vice Chairman, and
Executive Director, or
Agency Finance Officer, or
Agency Secretary
BE IT FURTHER RESOLVED that the signature of the Chairman or Vice Chairman
may be facsimiles.
BE IT FURTHER RESOLVED that Resolution No. CRA 01-10-02-01 is hereby
repealed.
PASSED, APPROVED AND ADOPTED this 4thth day of December 2001
ATTEST:
ar
aretR.onahan, Agency �Secr ry
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARGARET R. MONAHAN, appointed Agency Secretary of the Community
Redevelopment Agency of the City of San Juan Capistrano, do hereby certify that the
foregoing Resolution No. CRA 01-12-04-01 was duly adopted by the Board of
Directors of the Community Redevelopment Agency at a regular meeting thereof, held
the 2nd day of October 2001, by the following vote:
AYES: DIRECTORS
NOES DIRECTORS:
ABSENT: DIRECTORS:
Bathgate, Swerdlin, Gelff, Hart and Chairman
Campbell
None
None
Aj-C�Z/
R. MONAHAN, Agency
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