Resolution Number SJCHA 12-02-07-04RESOLUTION NO. SJCHA 12-02-07-04
A RESOLUTION OF THE SAN JUAN CAPISTRANO HOUSING
AUTHORITY DELEGATING TO THE FINANCE OFFICER AUTHORITY
TO DEPOSIT HOUSING AUTHORITY FUNDS AND TO INVEST AND
REINVEST HOUSING AUTHORITY FUNDS, AND AUTHORIZING
SIGNATURES
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 Finance Officer, Cynthia L. Russell.
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:
Derek Reeve
Laura Freese
Cynthia L. Russell
Karen P. Brust
Maria Morris
Chair, or
Vice -Chair, and
Finance Officer, or
Executive Director, or
Housing Authority Secretary
2/7/2012
BE IT FURTHER RESOLVED that the signature of the Chair or
Vice -Chair may be facsimiles. i
PASSED, APPROVED AND ADOPTED this 71" day of February, 2012.
STATE OF CALIFORNIA )
COUNTY OF ORANGE )as.
CITY OF SAN JUAN CAPISTRANO )
Q_UuR,
_EVE, CHAIR
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 12-02-07-04 was duly adopted by the
Commissioners of the San Juan Capistrano Housing Authority at a regular meeting
thereof, OpId the,7" day of February 2012, by the following vote:
Housing
Allevato, Kramer, Taylor, Freese and Chair Reeve
None
None
2 2/7/2012