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HomeMy WebLinkAbout1988-337 o ~ ~ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 88-337 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING INVESTMENT OF CITY OF SAN BERNARDINO 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 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 as 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. 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: 7-11-88 DAB:cm 1 1... '--\ \, 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 cf~ N/A (Name) City Treasurer (Title) Assistant City Treasurer (Title) (Title) I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a reqular the day of 6th September vote, to wit: AYES: meeting thereof, held on , 1988, by the following Council Members Flores, Maudsley, Minor, Pope-Ludlam, Miller NAYS: None ABSENT: Council Members Estrada, Reilly 7-11-88 DAB:cm 2 ~ ~/ . ..~/~'(:"?rI.."'~ .~' ,1'L/ / City Clerk The foregoing resolution is hereby approved this 76i day September 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 7-11-88 3 DAB:cm k/~~ . yn Wi cox, tt1ayor ,- City of San Bernardino