Resolution Number SJCPFA 04-06-15-01I
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RESOLUTION NO. SJCPFA 04-06-15-01
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAN JUAN
CAPISTRANO PUBLIC FINANCING AUTHORITY AUTHORIZING THE
EXECUTIVE DIRECTOR AND TREASURER TO DEPOSIT, WITHDRAW
OR REINVEST BOND PROCEEDS AND REPEALING RESOLUTION
NO. SJCPFA 03-06-17-01
WHEREAS, Pursuant to Chapter 730 of the statutes of 1976 Section 16429.1 1
was added to the California Government Code to create a Local Agency Investment
Fund in the State Treasury for the deposit of money of a local agency for purposes of
investment by the State Treasurer; and
WHEREAS, the Board of Directors does hereby find that the deposit and
withdrawal of proceeds from bonds, notes, certificates of participation, or other forms of
indebtedness (proceeds) in the Local Agency Investment Fund in accordance with the
provisions of Government Code Section 16429.1 is in the best interest of the San Juan
Capistrano Public Financing Authority,
NOW THEREFORE, BE IT RESOLVED, that the Board of Directors does hereby
authorize the deposit and withdrawal of San Juan Capistrano Public Financing Authority
proceeds in the Local Agency Investment Fund in the State Treasury in accordance with
the provisions of Government Code Section 16429.1 for the purpose of investment as
stated herein, and verification by the State Treasurer's Office of all banking information
provided in that regard.
BE IT FURTHER RESOLVED, that the following City officers or their successors
in office shall be authorized to order the deposit or withdrawal of monies in the Local
Agency Investment Fund:
David F. Adams, Executive Director
Cynthia L. Russell, Treasurer
BE IT FURTHER RESOLVED, that Resolution No. SJCPFA 03-06-17-01 is
hereby repealed.
PASSED, APPROVED, AND ADOPTED this 15th
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ATTEST:
R. MONAHAN, CITY CLERK
, CHAIRMAN
STATE OF CALIFORNIA
COUNTY OF ORANGE )ss.
CITY OF SAN JUAN CAPISTRANO
1, MARGARET R. MONAHAN, appointed Secretary of the San Juan Capistrano Public
Financing Authority, do hereby certify that the foregoing Resolution No. SJCPFA 04-
06-15-01 was duly adopted by the Board of Directors of the San Juan Capistrano Public
Financing Authority at a Regular meeting thereof, held the 15th day of June 2004, by the
following vote:
AYES: DIRECTORS: Allevato, Bathgate, Swerdlin, Hart and Soto
NOES DIRECTORS: None
ABSENT: DIRECTORS: None
a n (2-,
ZUEMR. M40NAHAN, Secretary