HomeMy WebLinkAboutRES CC 1984 127 1984 0808RESOLUTION NO. 84- 127
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF MOORPARK, CALIFORNIA, AUTHORIZING
INVESTMENT OF CITY MONIES IN 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 pur-
poses of investment by the State Treasurer; and
WHEREAS, the City Council 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 purposes of investment as stated
therein is in the best interests of the City of Moorpark.
NOW THEREFORE, BE IT RESOLVED that the City Council
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 Seciton 16429.1 of the Govern-
ment Code for the purpose of investment as stated therein; and
BE IT FURTHER RESOLVED that the following City
officers or their successors in office shall be authorized
to order the deposit or withdrawal of monies in the Local
Agency Investment Fund:
JOHN C. GEDNEY, CITY TREASURER
STEVEN A. KUENY, CITY MANAGER
PASSED AND ADOPTED this 8th day of August 19 84 .
ATTEST:
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a i c) r nl!
STATE OF CALIFORNIA
COUNTY OF VENTURA SS.
CITY OF MOOR PA R K )
1, DORIS D. BANKUS , City Clerk of the City of
Moorpark, California, do hereby certify that the foregoing
Resolution No. 84 -127 Was adopted by the City Council of the City of
an adjourned
Moorpark at / regular meeting thereof held on the 8th day of
August , 19.q -, and that Elie same was adopted by
the following vote, to wit:
AYES: Councilmembers Straughan, Beaulieu and
Mayor Yancy- Sutton;
NOES: None;
ABSENT: Councilmembers Harper and Prieto.
WITNESS my hand and the official seal of said City this 8th
day of August 19 84
CITY CLER K