HomeMy WebLinkAbout2003-212
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RESOLUTION NO. 2003-212
RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF
SAN BERNARDINO AUTHORIZING INVESTMENT OF CITY OF SAN
BERNARDINO MONIES IN LOCAL AGENCY INVESTMENT FUND.
BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE
CITY OF SAN BERNARDINO AS FOLLOWS:
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 Mayor and Common Council 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 purposes of investment as stated therein is in the best interests of the
City of San Bernardino.
NOW, THEREFORE, BE IT RESOLVED that the Mayor and Common Council of
the City of San Bernardino do hereby authorize the deposit and withdrawal of the City of
San Bernardino 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.
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2003-212
RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY
OF SAN BERNARDINO AUTHORIZING INVESTMENT OF CITY OF SAN
BERNARDINO MONIES IN LOCAL AGENCY INVESTMENT FUND.
BE IT FURTHER RESOLVED that the following San Bernardino City Officers or
their successors in office shall be authorized to order the deposit or withdrawal of monies in
the Local Agency Investment Fund:
City Treasurer
David C. Kennedy
~ ~ ~hl aA..;Q:.{AJDeputy City Treasurer
Barbar Masters
,
Accounting Manager
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2003-212
RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF
SAN BERNARDINO AUTHORIZING INVESTMENT OF CITY OF SAN
BERNARDINO MONIES IN LOCAL AGENCY INVESTMENT FUND.
I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor
and Common Council of the City of San Bernardino at a j t. reg. meeting thereof, held
on the ~ day of Augus t ,2003, by the following vote, to wit:
COUNCIL MEMBERS AYES NAYS ABSTAIN ABSENT
ESTRADA X
LIEN-LONGVILLE X
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MCGINNIS -X-
DERRY X
SUAREZ ~
ANDERSON X
MCCAMMACK X
Q~ 0.J..~
Ra~eI Clark, City Clerk
City of San Bernardino
The foregoing resolution is hereby approved this')l"da
Approved as to form
and legal content:
~
J . h lies, Mayor
i of San Bernardino
James F. Penman
City Attorney
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