Resolution Number CRA 99-12-7-1403
RESOLUTION NO. CRA 99-12-7-1
DEPOSIT AND INVESTMENT OF AGENCY FUNDS
AND AUTHORIZING SIGNATURES
A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY
REDEVELOPMENT AGENCY, DELEGATING TO THEAGENCY FINANCE
OFFICER AUTHORITY TO DEPOSIT AGENCY FUNDS AND TO INVEST
AND REINVEST AGENCY FUNDS, AUTHORIZING SIGNATURES, AND
REPEALING RESOLUTION NO. CRA 98-12-1-1
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 M. Swerdlin Chairman, or
John Greiner Vice Chairman, and,
George Scarborough, Executive Director, or
Cynthia L. Russell, 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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BE IT FURTHER RESOLVED, that Resolution No. CRA 98-12-1-1 is hereby
repealed.
PASSED, APPROVED, AND ADOPTED this 7th day of
December ,1999.
DAVID M, SARDLIN, CHAIRMAN
ATTEST:
AGENCY SECRETARY
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 99-12-7-1 adopted by the Board of Directors
of the San Juan Capistrano Community Redevelopment Agency at a regular meeting
thereof held on the 7th day of December , 1999, by the following
vote
AYES: Directors Jones, Greiner, Campbell, Hart
and Chairman Swerdlin
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
CHERYL JOHhfSOtf, AGENCY SECRETARY
-2-
L
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 98-12-15-2 and on the 9th day of
December , 1999, 1 caused to be posted:
RESOLUTION NO. 99-12-7-1 , being
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 98-12-1-1
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 JohnsorY,/Ageriby Secretary
San Juan Capistrano Community
Redevelopment Agency
San Juan Capistrano, California
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