Resolution Number CRA 90-4-3-2RESOLUTION NO. CRA 90-4-3-2 337
DEPOSIT AND INVESTMENT OF AGENCY FUNDS
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, AND
REPEALING RESOLUTION NO. CRA 90-3-6-2
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:
Kenneth E. Friess,
Gary L. Hausdorfer,
Stephen B. Julian,
Jeffrey C. Parker,
David P. Bentz,
Chairman; or
Vice Chairman; and,
Executive Director; or
Agency Secretary; or
Agency Finance Officer
BE IT FURTHER RESOLVED, that the signature of the Chairman or Vice
Chairman may be facsimiles.
BE IT FURTHER RESOLVED, that Resolution No. CRA 90-3-6-2 is hereby
repealed.
BE IT FURTHER RESOLVED, that this Resolution shall take effect on April 1,
1990.
PASSED, APPROVED, AND ADOPTED this
of April , 1990.
KENNETH E. FRIESS, CHAIRMAN
ATTEST:
3rd
day
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, JEFFREY C. PARKER, Acting 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 90-4-3-2 adopted by the Board of
Directors of the San Juan Capistrano Community Redevelopment Agency, at a regular
meeting thereof held on the 3rd day of April , 1990, by the following
vote:
AYES: Directors Hausdorfer, Buchheim, Bland and
Chairman Fricss
NOES: None
ABSENT: Director Schwartze
(SEAL) ��l e ^,p �djjo- .-
JEFFREY PARKER, ACTIN S C TAR
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339
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss. AFFIDAVIT OF POSTING
CITY OF SAN JUAN CAPISTRANO )
JEFFREY C. PARKER, being first duly sworn, deposes and says:
That he is the duly appointed and qualified Acting 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 5th day
of April , 1990, he caused to be posted:
RESOLUTION NO. CRA 90-4-3-2 , being:
DEPOSIT AND INVESTMENT OF AGENCY FUNDS
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, AND
REPEALING RESOLUTION NO, CRA 90-3-6-2
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.
Jeffrey C. Iyarl<4W, Acting SecretAry
San Juan Capistrano Community
Redevelopment Agency
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