Resolution Number SJCHA 16-03-01-01 RESOLUTION NO. SJCHA 16-03-01-01
A RESOLUTION OF THE SAN JUAN CAPISTRANO HOUSING
AUTHORITY DELEGATING TO THE INTERIM FINANCE OFFICER
AUTHORITY TO DEPOSIT HOUSING AUTHORITY FUNDS AND TO
INVEST AND REINVEST HOUSING AUTHORITY FUNDS, AND
AUTHORIZING SIGNATURES AND REPEALING SJCHA RESOLUTION
NO. 16-02-02-01
WHEREAS, Article 4, Chapter 1, Part 2, Division 24, of the California Health and
Safety Code authorizes the San Juan Capistrano Housing Authority to invest and
reinvest available funds in certain designated securities as listed in Section 34316.1 of
that Code and in accordance with the San Juan Capistrano Housing Authority's adopted
Investment Policy; and,
WHEREAS, prudent supervision of the Housing Authority fiscal affairs requires
the deposit of and/or the investment or reinvestment of all Housing Authority monies in
accordance with the San Juan Capistrano Housing Authority's adopted Investment
Policy, and that the Housing Authority Finance Officer is hereby authorized to establish
such accounts.
NOW, THEREFORE, BE IT RESOLVED that the Commissioners of the
San Juan Capistrano Housing Authority does hereby delegate the authority on the
above-referenced items to the Interim Finance Officer, Ken AI-Iman.
BE IT FURTHER RESOLVED that the following Housing Authority Officers are
hereby authorized to draw checks on said deposit accounts of the San Juan Capistrano
Housing Authority, and that such authorizations are duly certified by the Housing
Authority Secretary and on file at depositories. Depositories are hereby authorized to
honor and pay any and all checks so signed:
John M. Perry Chair, or
Kerry K. Ferguson Vice-Chair, and
Ken AI-Imam Interim Finance Officer, or
Benjamin Siegel Executive Director, or
Maria Morris Housing Authority Secretary
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BE IT FURTHER RESOLVED that the signature of the Chair or
Vice-Chair may be facsimiles.
BE IT FURTHER RESOLVED that SJCHA Resolution No. 16-02-02-01 is hereby
repealed.
PASSED, APPROVED AND ADOPTED this 1St day of March 2016.
JO M. RRY, CHAIR
ATTEST +'
MARDI' IS,.HOUSI A ORITY SECRETARY
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss'
CITY OF SAN JUAN CAPISTRANO )
I, MARIA MORRIS, appointed Housing Authority Secretary of the San Juan Capistrano Housing
Authority of the City of San Juan Capistrano, do hereby certify that the foregoing Resolution
No. SJCHA 16-03-01-01 was duly adopted by the Commissioners of the San Juan Capistrano
Housing Authority at a regular meeting thereof, held the 1St day of March 2016, by the following
vote:
AYES: OMMISSIONERS: Patterson, Reeve, Perry Allevato and Chair Ferguson
NOES OMMISSIONERS: None
ABSENT OMMISSIONERS: None
MARIA M I ousing Authorit ecretary
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