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HomeMy WebLinkAbout6759_CCv0001.pdf RESOLUTION NO. 6759 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS APPOINTING TINA T. KUNDIG TO THE ELECTIVE OFFICE OF CITY TREASURER AND DELEGATING INVESTMENT AUTHORITY TO THE CITY TREASURER WHEREAS, a vacancy presently exists in the elective office of City Treasurer for the City of Redlands; and WHEREAS, pursuant to Government Code section 36512, the City Council of the City of Redlands ("this City Council") is authorized to fill the vacancy in the elective office of City Treasurer by appointment; and WHEREAS, Ms. Tina T. Kundig has expressed her willingness to serve in the capacity of City Treasurer, if appointed by tills City Council; and WHEREAS, if appointed, Ms. Kundig has further expressed her willingness to coordinate her duties of City Treasurer with the Finance Department and other City Departments; and WHEREAS, this City Council has determined that Ms. Kundig satisfies the qualifications established by State law to be appointed to the elective office of City Treasurer; and WHEREAS, by the adoption of this Resolution., it is the desire of this City Council to appoint Ms. Kundig to the elective office of City Treasurer; NOW,THEREFORE, BE IT RESOLVED, by the City Council of the City of Redlands as follows: Section 1. Effective September 10, 2008, Ms. Tina T. Kundig is hereby appointed to the elective office of City Treasurer. Section 2. Pursuant to Government Code section 53607, this City Council hereby delegates investment authority for City funds to the City Treasurer for a one-year period from and after the effective date of this Resolution. Section 3. Ms. Kundig shall invest surplus City funds and provide reports of such investments in accordance with the City's approved investment policy and all applicable provisions of State law, including Government Code Sections 53600.3 and 53600.5. Section 4. Ms. Kundig shall also perform the City Treasurer's duties as specified by State law. Section 5. The bond required of the City Treasurer shall be paid by the City. C:\Documents and SettingsNThaIIinger.CnFRINLocal Settings`'t'emporary Internet Files\0LK4\6759'Treasurer(2).doc 9/4/08 1:48 p.m. ADOPTED, SIGNED AND APPROVED this 10th day of September, 2008. Jon rrison, ayor - ATTEST: City Jerk, Cit R dlands I, Lorrie Poyzer, City Clerk of the City of Redlands, hereby certify that the foregoing resolution was duly adopted by the City Council at a regular meeting thereof held on the 10th day of September, 2008 by the following vote: AYES: Councilmembers Gilbreath, Gallagher, Aguilar, Bean; Mayor Harrison NOES: None ABSENT: None ABSTAIN: None City erk, Cito R dlands C kDocurnents and Settlings\Tbailinger.COMI\L.ocal settings\Teanporary Internet f±iles\0I..K4\6759 Treasurer(2).doc 9/4/08 1:48 p.m.