Resolution Number 13-04-16-01RESOLUTION NO, 13-04-16-01
A RESOLUTION OF THE CITY OF SAN JUAN CAPISTRANO,
AUTHORIZING THE INVESTMENT OF CITY MONIES IN THE LOCAL
AGENCY INVESTMENT FUND
WHEREAS, Pursuant to Chapter 730 of the statutes of 1976 Section 16429.1
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 City of San Juan Capistrano does hereby find that the deposit and
withdrawal of money in the Local Agency Investment Fund in accordance with the
provisions of Section 16429.1 of the Government Code for the purpose of investment as
stated therein as in the best interests of the City of San Juan Capistrano.
NOW, THEREFORE, BE IT RESOLVED, that the City Council as legislative body
of the City of San Juan Capistrano does hereby authorize the deposit and withdrawal of
City monies in the Local Agency Investment Fund in the State Treasury in accordance with
the provisions of Section 16429.1 of the Government Code for the purpose of investment
as state therein, and verification by the State Treasurer's Office of all banking information
provided in that regard.
BE IT FURTHER RESOLVED that the following City of San Juan Capistrano officers
or their successors in office shall be authorized to order the deposit or withdrawal of
monies in the Local Agency Investment Fund:
Cynthia L. Russell Chief Financial Officer/City Treasurer, or
Karen P. Brust City Manager/Deputy City Treasurer, or
Maria Morris City Clerk
4-16-2013
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARIA MORRIS, appointed City Clerk of the City of San Juan Capistrano, do hereby
certify that the foregoing Resolution No. 13-04-16-01 was duly adopted by the City
Council of the City of San Juan Capistrano at a Regular meeting thereof, held the 16th day
of April 2013, by the following vote:
AES: COUNCIL MEMBERS: Byrnes, Kramer, Reeve, Allevato and Mayor Taylor
N E:. COUNCIL MEMBER: None
ABSEIN COUNCIL MEMBER.: None
V\\,
MAS ".[A;M RRIS. Zity, Clerk
4-16-2013