HomeMy WebLinkAboutRES RD 2003 132 2003 1105RESOLUTION NO. 2003 -132
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY
OF MOORPARK, CALIFORNIA, AUTHORIZING INVESTMENT OF
REDEVELOPMENT MONIES IN THE LOCAL AGENCY INVESTMENT
FUND, AND REPEALING RESOLUTION NO. 87 -1
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 Redevelopment Agency Board of Directors do
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
Redevelopment Agency of the City of Moorpark.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Redevelopment Agency Board of Directors do
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 stated therein, and verification by
the State Treasurer's Office of all banking information provided
in that regard; and
SECTION 2. The following Agency officers or their
successors in office shall be authorized to order the deposit or
withdrawal of monies in the Local Agency Investment Fund:
Steven A. Kueny, Executive
Hugh R. Riley, Assistant E
Cynthia L. Borchard, eas
PASSED AND ADOPTED this
Traffenste
Director
ecutive Director
Secretary
Resolution No. 2003 -132
Page 2
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) SS.
CITY OF MOORPARK )
I, Deborah S. Traffenstedt, Secretary of the Redevelopment
Agency of the City of Moorpark, California, do hereby certify
under penalty of perjury that the foregoing Resolution No. 2003-
132 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 5th day of November,
2003 and that the same was adopted by the following vote:
AYES: Agency Members Harper, Mikos, Millhouse, Parvin and
Chair Hunter
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 20th
day of November, 2003.
Deborah S. Traffensted
Agency Secretary
(sue
.* ( ESTABLISHED
` MARCH 18, 1967
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