Resolution Number SJCHA 16-03-01-02 SJCHA RESOLUTION NO. 16-03-01-02
A RESOLUTION OF THE SAN JUAN CAPISTRANO HOUSING
AUTHORITY AUTHORIZING THE INVESTMENT OF HOUSING
AUTHORITY MONIES IN THE LOCAL AGENCY INVESTMENT FUND
WHEREAS, The Local Agency Investment Fund is established in the State Treasury
under Government Code Section 16429.1 et. seq. for the deposit of money of a local
agency for purposes of investment by the State Treasurer; and,
WHEREAS, the Housing Authority hereby finds that the deposit and withdrawal of
money in the Local Agency Investment Fund in accordance with Government Code Section
16429.1 et. seq. for the purpose of investment as provided therein is in the best interests of
the City.
NOW, THEREFORE, BE IT RESOLVED, that the Housing Authority hereby
authorizes the deposit and withdrawal of Housing Authority monies in the Local Agency
Investment Fund in the State Treasury in accordance with the provisions of Government
Code Section 16429.1 et. seq. for the purpose of investment as provided therein.
BE IT FURTHER RESOLVED as follows:
Section 1. The following Housing Authority officers holding the title(s) specified herein
below or their successors in office are each herby authorized to order the deposit or
withdrawal of monies in the Local Agency Investment Fund and may execute and deliver
any and all documents necessary or advisable in order to effectuate the purposes of this
resolution and the transactions contemplated hereby:
Ken AI-Imam Interim Finance Officer, or
Benjamin Siegel Executive Director
Section 2. This resolution shall remain in full force and effect until rescinded by the
Housing Authority by resolution and a copy of the resolution rescinding this resolution is
filed with the State Treasurer's Office.
BE IT FURTHER RESOLVED that SJCHA Resolution No. 12-02-07-05 is hereby
repealed.
PASSED, APPROVED, AND ADOPTED this 1St day of March 2016.
r
JOH ERRY, CHAI
ATTEST:
MARIA M OUSIN 70RITY 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 16-03-01-02 was duly adopted by the Commissioners of the San Juan Capistrano Housing
Authority �t a regular meeting thereof, held the 1st day of March 2016, by the following vote:
AYES: C MMISSIONERS: Patterson, Reeve, Perry Allevato and Chair Ferguson
NOES OMMISSIONERS: None
ABSENTI f OMMISSIONERS: None
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MARIA f ousing A city ecretary