HomeMy WebLinkAbout413 RDA_CCv0001.pdf RESOLUTION NO. 413
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS
AUTHORIZING INVESTMENT OF AGENCY 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 Redevelopment Agency of the City of Redlands does 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 Redevelopment Agency of the City of Redlands,
NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency of the City of
Redlands does hereby authorize the deposit and withdrawal of Agency monies in the Local Agency
Investment Fund in the State of 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 Redevelopment officer or such officer's
successor in office shall be authorized to order the deposit or withdrawal of monies in the Local
Agency Investment Fund:
Tina T. Kundig Judy Jacobson
Finance Director Interim Reve: Manager
Signature Si at
Thomas M. Steele N. Enrique Martinez
Assistant Finance DirecWr Age Executive Director
i /L
Signature g n Ait u ir-e
Rew Agency Reso Re investinew
IT;1 07 1,41 RnI
BE IT FURTHER RESOLVED ADOPTED that Resolution No. 158 of the Redevelopment
Agency of the City of Redlands is hereby rescinded.
ADOPTED, SIGNED AND APPROVED this 6th day of November, 2007.
irperson, Redevelopment Agency of the
City
of Redlands
ATTEST:
J,
i
Se'; ary, ReOeyltlo'ment Agency of the
City of RedlaXl'
1,Lorne Poyzer,Secretary of the Redevelopment Agency of the City of Redlands,hereby certify that
the foregoing resolution was duly adopted by the Redevelopment Agency at a regular meeting
thereof held on the 6th day of November, 2007, by the following vote:
AYES: Members Gilbreath, Gil, Gallagher, Aguilar; Chairperson Harrison
NOES: None
ABSENT: None
ABSTAIN: None
'A '
Ebr# 'Poyzer, ' '�ret
xd'evel g ncy
ncv
R
DA1,Reso A,,xncv Reso Re invemmit
111 o' 1:41 p.m.