Resolution Number CRA 95-12-5-1RESOLUTION NO. CRA 95-12-5-1
DEPOSIT AND INVESTMENT OF AGENCY FUNDS
AND AUTHORIZING SIGNATURES
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 94-12-6-1
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, that the 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:
David Swerdlin,
Chairman, or
Carolyn Nash
Vice Chairman, and,
George Scarborough,
Executive Director, or
Cynthia L. Pendleton,
Agency Finance Officer, or
Cheryl Johnson,
Agency Secretary
BE IT FURTHER RESOLVED, that the signature of the Chairman or Vice
Chairman may be facsimiles.
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223
224
BE IT FURTHER RESOLVED, that Resolution No. CRA 94-12-6-1 is hereby
repealed.
PASSED, APPROVED, AND ADOPTED this 5th day of
December ,1995.
ID S49 RD N CHAIRMAN
ATTEST:
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, CHERYL JOHNSON, Secretary of the San Juan Capistrano Community
Redevelopment Agency, DO HEREBY CERTIFY that the foregoing is a true and correct copy of
Resolution No. CRA 95-12-5-1 adopted by the Board of Directors of the San Juan
Capistrano Community Redevelopment Agency at a regular meeting thereof held on the 5th
day of December 1 1995, by the following vote:
AYES: Directors Jones, Nash, Hart, Campbell
and Chairman Siaerdlin
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL) ( x
CHERYL JO ON, GENCY SECRET Y
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss AFFIDAVIT OF POSTING
CITY OF SAN JUAN CAPIS'TRANO )
I, CHERYL JOHNSON, declare as follows:
That I am the duly appointed and qualified Secretary of the San Juan Capistrano
Community Redevelopment Agency;
That in compliance with State laws of the State of California and in further compliance
with City Resolution No. CRA 83-12-20-1 and on the 7th day of December
1995, I caused to be posted:
RESOLUTION NO. 95-12-5-1 , being
1 I h
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 94-12-6-1
in three (3) public places in the City of San Juan Capistrano, to wit: City Hall; Old Fire Station
Recreation Complex; Orange County Public Library.
Cheryl Johnson,�kjgiicy Secretary
San Juan Capistrano Community
Redevelopment Agency
San Juan Capistrano, California
CHECK LIST
RES. NO. CRA —/
✓ Chairman has signed
Secretary has signed
Agency Seal stamped
.,All blanks type in
"Absent"
"Noes" QL-^
"Abstain"
Copies sent to post
file
mail certified
Legal Publication ordered to be published
(da te)
No. Printed copies required
Remarks