Resolution Number CRA 97-12-2-128S
RESOLUTION NO. CRA 97-12-2-1
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 96-12-3-1
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:
Wyatt Hart Chairman, or
John Greiner 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.
%T!IC
BE IT FURTHER RESOLVED, that Resolution No. CRA 96-12-3-1 is hereby
repealed.
PASSED, APPROVED, AND ADOPTED this 2nd day of
December ,1997.
wYAT"P HART, CHAIRM N
ATTEST:
LN Lar I ` ��✓moi", i
:.
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
1, 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 97-12-2-1 adopted by the Board of Directors of the San
Juan Capistrano Community Redevelopment Agency at a regular meeting thereof held on the
2nd day of December , 1997, by the following vote:
AYES: Directors Swerdlin, Greiner, Jones, Campbell
and Chairman Hart
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
CHERYL JOHNSOWAGENCY SECRETARY
-2-
291
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss AFFIDAVIT OF POSTING
CITY OF SAN JUAN CAPISTRANO )
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 4th day of
Der ether , 1997, I caused to be posted:
RESOLUTION NO. CRA 97-12-2-1 , being
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 96-12-3-1
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 JohnsoAgeddy Secretary
San Juan Capistrano Community
Redevelopment Agency
San Juan Capistrano, California