HomeMy WebLinkAboutRES CC 2004 2176 2004 0407RESOLUTION NO. 2004 -2176
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AUTHORIZING INVESTMENT OF EXCESS
CITY FUNDS IN THE VENTURA COUNTY INVESTMENT POOL
WHEREAS, the Investment Policy of the City of Moorpark
states that excess City funds may be invested in accordance with
the principals of sound treasury management and the provisions
of California Government Code § 53600 et seq.; and
WHEREAS, the Investment Policy of the City of Moorpark
further states that the City Treasurer may invest in County
Pooled Investment Funds in accordance with the laws and
regulations governing those Funds and State law; and
WHEREAS, the Ventura County Treasurer -Tax Collector has
established an investment pool for local agencies, regulated by
Government Code Section 53684, and adopted by the Ventura County
Board of Supervisors on July 21, 1987.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The City Council does hereby authorize the
deposit and withdrawal of City funds in the County Treasury in
accordance with the provisions of Government Code Section 53684;
and
SECTION 2. The following City officers shall be
authorized to order the deposit or withdrawal of monies by
either mail or facsimile in the County Treasury:
City Manager
City Treasurer
Budget and Finance V ger
PASSED AND ADOPTED this/7 th day of AprillAO
ck Hunter,
ATTEST:
Deborah S. Traffenst , City Clerk
yor
Resolution No. 2004 -2176
Page 2
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Deborah S. Traffenstedt, City Clerk of the City of
Moorpark, California, do hereby certify under penalty of perjury
that the foregoing Resolution No. 2004 -2176 adopted by the City
Council of the City of Moorpark at a regular meeting held on the
7th of April, 2004, and that the same was adopted by the
following vote:
AYES: Councilmembers Harper, Mikos, Millhouse, Parvin
and Mayor Hunter
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 9th
day of April, 2004.
Deborah S. Traffensted City Clerk
(seal)