HomeMy WebLinkAbout433 RDA_CCv0001.pdf RESOLUTION NO. 433
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
REDLANDS AUTHORIZING INVESTMENT OF AGENCY MONIES IN LOCAL
AGENCY INVESTMENT FUND AND RESCINDING RESOLUTION NO. 413
WHEREAS,Government Code Section 16429.1 creates 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 of the City of Redlands hereby finds 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 Redevelopment Agency of the City of Redlands,
NOW, THEREFORE, BE IT RESOLVED BY THE REDEVELOPMENT AGENCY OF
THE CITY OF REDLANDS AS FOLLOWS:
Section 1. The deposit and withdrawal of Agency 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 is hereby approved.
Section 2. The following Agency Officers and staff shall be authorized to order the deposit
or withdrawal of monies in the Local Agency Investment Fund:
Tina T. Kundig, Finance Director/City Treasurer
Signature
Thomas T. Steele, Assistant Finance Director vv�
Signature
Karin Grance, Revenue Manager
Signature
Section 3. That Resolution No. 413 is hereby rescinded.
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ADOPTED, SIGNED AND APPROVED this 3rd day of March, 2009.
Cl- irperson, Redevelopment Agency
OT the City of Redlands
ATTEST-
Secr- ary, Re 'e o' ment Agency of
tle C;ty of Re lads
1,Lorne Poyzer, Secretary of the Redevelopment Agency of the City of Redlands,hereby certify that
the foregoing Resolution was duly adopted by the Agenev Board at a regular meeting thereof held on
the 3'd day of March 2009, by the following vote:
AYES: Members Gilbreath, Gallagher, Aguilar, Bean; Chairperson Harrison
NOES: None
ABSTAIN: None
ABSENT: None
Secretary,`Redeuelopi�t Agency
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