Resolution Number 09-07-07-02RESOLUTION NO. 09-07-07-02
A RESOLUTION OF THE CITY COUNCIL. OF THE CITY OF SAN JUAN
CAPISTRANO, CALIFORNIA DELEGATING TO THE CITY TREASURER
AUTHORITY TO DEPOSITCITY FUNDS, AUTHORIZING SIGNATURES
AND REPEALING RESOLUTION 08-12-02-02
WHEREAS, Article 1, Chapter 4, Division 2, Title 5 of the Government Code
authorizes the City Council to invest reinvest available funds in certain designated
securities as listed in Section 53601 of that Code; and
WHEREAS, Article 2, Chapter 4, Division 2, Title 5 of the Government Code
requires that all City monies be deposited for safe -keeping in state or national banks or
state or federal savings and loan associates, and that the City Treasurer/Director of
Administrative Services of the City of San Juan Capistrano is hereby authorized to
establish such accounts; and
WHEREAS, Section 53607 of the California Government Code further permits
the City Council to delegate such authority and requirements to its City Treasurer; and
WHEREAS, the City Council deems it to be to be in the best interests of the
City of San Juan Capistrano for such investments and deposits to be made by the City
Treasurer/Director of Administrative Services.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of
San Juan Capistrano does hereby delegate the authority granted to it by the aforesaid to
Cynthia L. Russell, City TreasurerlDirector of Administrative Services.
BE IT FURTHER RESOLVED that this authority shall continue until such time
as it shall be revoked by the City Council.
BE IT FURTHER RESOLVED that the City Treasurer be and is hereby
directed to abide by all of the obligations and responsibilities imposed upon him by the
aforesaid statutes.
BE IT FURTHER RESOLVED that the following officers of the City of San
Juan Capistrano are hereby authorized to draw checks on said deposit account of the City
of San Juan Capistrano that are duly certified by the City Clerk of the City of San Juan
Capistrano and on file at depositories. Depositories are hereby authorized to honor and
pay any and all checks so signed:
Mark Nielsen Mayor, or
Dr. Londres Uso Mayor Pro Tem, and
7-7-2009
Cynthia L. Russell City Treasurer/Director of Administrative
Services, or
Steven Montano Acting Deputy City Treasurer, or
Maria Morris Acting City Clerk
BE IT FURTHER RESOLVED that the signature of the Mayor or Mayor pro
tem can be facsimiles.
BE IT FURTHER RESOLVED that Resolution No.08-12-02-02 is hereby
repealed.
PASSED, APPROVED, AND ADOPTED this 7th day of July 2009.
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MARK NIELSEN, MA OR
ATTEST
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MA,RI ; N40 M8,.ACT�G CITY CLERK
STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF SAN JUAN CAPISTRANO
) ss.
1, MARIA MORRIS, appointed Acting City Clerk of the City of San Juan Capistrano, do
hereby certify that the foregoing Resolution No. 09-07-07-02 was duly adopted by the City
Council of the City of San Juan Capistrano at a Regular meeting thereof, held the 70 day of
July 2009, by the following vote:
AYES:/'-
COUNCIL MEMBERS:
Allevato, Freese, Hribar, Uso and Mayor Nielsen
NOES:
OUNCIL MEMBER:
None
ABS,ENT:1
OUNCIL MEMBER;,.
None
G CITY CLERK
2 7-7-2009