HomeMy WebLinkAbout6991_CCv0001.pdf RESOLUTION NO. 6991
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS
CONFIRMING THE AUTHORITY OF THE CITY TREASURER,PURSUANT TO
GOVERNMENT CODE SECTION 53607
WHEREAS,by Resolution No. 6759,the City Council appointed Tina T. Kundig,Finance
Director,to the elective office of the City Treasurer of the City of Redlands; and
WHEREAS, Government Code section 53607 authorizes the City Council to delegate the
duties of investing or reinvesting funds of the City,or to sell or exchange securities so purchased,to
the City Treasurer for a one-year period;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
REDLANDS AS FOLLOWS:
Section 1. That Tina T.Kundig,Redlands' City Treasurer,is hereby delegated the authority
to invest,or reinvest funds of the City,or to sell or exchange securities so purchased,for a one-year
period from and after the effective date of this Resolution pursuant to Government Code section
53607.
Section 2. That Tina T.Kundig,Redlands' City Treasurer,shall prepare a monthly report to
the City Council of all transactions subject to this Resolution, as required by Government Code
section 53607.
ADOPTED, SIGNED AND APPROVED this 7th day of September, 2010.
Pat Gilbreath, Mayor
ATTEST:
$am Irwin, ' Clerk
1, Sam Irwin, City Clerk of the City of Redlands, hereby certify that the foregoing Resolution No.
6991 was duly adopted by the City Council at a regular meeting thereof held on the 7`" day of
September 2410, by the following vote:
AWES: +Councilmembers Bean, Harrison, Gallagher, Aguilar, Mayor Gilbreath
NOES: None
ABSTAIN: None
ABSENT: None
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City Clerk, City of Redlands