HomeMy WebLinkAboutRES CC 1989 586 1989 0719RESOLUTION NO_ 89 -586
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, AUTHORIZING INVESTMENT
OF THE CITY OF MOORPARK, CALIFORNIA MONIES IN
TAE LOCAL AGENCY INVESTMENT FUND, AND REPEALING
RESOLUTION NO. 84 -127
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 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 purpose
of investment as stated therein is in the best interests of the City of
Moorpark.
SECTION 1: That Resolution No. 84 -127 entitled: A RESOLUTION OF
THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AUTHORIZING
INVESTMENT OF CITY MONIES IN LOCAL AGENCY INVESTMENT FUND, passed and
adopted August 8, 1984, is hereby repealed.
NOW, THEREFORE, BE IT RESOLVED, that the City Council does hereby
authorize the deposit and withdrawal of the City of Moorpark 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 stated therein.
BE IT FURTHER RESOLVED, that the following City of Moorpark officers
or their successors in office shall be authorized to order the deposit or
withdrawal of monies in the Local Agency investment Fund:
City Treasnrp.r
Finance Officer
City Manager
PASSED AND ADOPTED by the City Council of the City of Moorpark this
19th day of July 1989.
Eloise Brown, Mayor
ATTEST:
/�
Lillian E. Kell rman, City Clerk 4 -
897131. res
S40ORPARI
ELOISE BROWN
Mayor
BERNARDO M. PEREZ
Mayor Pro Tom
CLINT HARPER, Ph. D.
Councilmember
PAUL LAWRASON
Councilmember
SCOTT MONTGOMERY
Councilmember
RICHARD T. HARE
City Treasurer
STATE OF CALIFORNIA )
COUNTY OF VENTURA )
CITY OF MOORPARK }
SS.
STEVEN KUENY
City Manager
CHERYL J. KANE
City Attorney
PATRICK RICHARDS, A.I.C.P.
Director of
Community Development
R. DENNIS DELZEIT
City Engineer
JOHN V. GILLESPIE
Chief of Police
I, Lillian E. Kellerman, City Clerk of the City of Moorpark,
California, do hereby certify under penalty of perjury that the
foregoing Resolution No. 89-586 was adopted by the City Council of
the City of Moorpark at a. meeting held on the 19th day of
July , 1989, and that the same was adopted by the
following vote:
AYES:Counc i I members Harper, Lawrason, Montgomery, Perez and Mayor Brown
NOES:None.
ABSENT:None.
ABSTAIN:None.
WITNES� u y hand and the official seal of said City this 27th day of
1989.
illian E. Kell man
CUY- 4-J -erk
799 Moorpark Avenue Moorpark, California 9302 (805) 529 -6864