HomeMy WebLinkAbout455SA_CCv0001.pdf RESOLUTION NO. 455
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE FORMER
REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS AUTHORIZING
INVESTMENT OF SUCCESSOR AGENCY MONIES IN THE LOCAL AGENCY
INVESTMENT FUND
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 Board of Directors to the Successor Agency to the former 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 ofthe Successor Agency
to the former Redevelopment Agency of the City of Redlands;
NOW, THEREFORE, BE IT RESOLVED, by the Board of the Successor Agency to the
former Redevelopment Agency of the City of Redlands as follows:
Section 1. The deposit and withdrawal of Successor 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 Officers and staff of the City of Redlands shall be authorized to
order the deposit or withdrawal of monies in the Local Agency Investment Fund:
Robert Dawes,City Treasurer
Si tore
Tina T. Kundig,Finance Director Signature
Thomas M. Steele,Assistant Finance Director
Signature
Karin A. Grance,Revenue Manager i Z
--Signature
l:\cclerWResolutions\REDEVELOPMENT-SUCCESSOR AGENCY455 ,AIF SA December 2012.doc
ADOPTED,SIGNED AND APPROVED this 15th day of January,2013.
t r
{
Peter Agui ar, Chairman
ATTEST:
Sam Irwin,XgencyAecretary
1, Sam Irwin, Secretary of the Successor Agency,hereby certify that the foregoing Resolution was
duly adopted by the Successor Agency to the former Redevelopment Agency ofthe City ofRedlands
at a special meeting thereof,held on the 15''day of January,2013,by the following vote:
AYES: Members Harrison, Poster, Gardner, Gilbreath; Chairman Aguilar
NOES: done
ABSTAIN: None
ABSENT: None
Sam Irwin, City Clem vt
Ilcclerk\Resa(utions'REDEV`ELt}PRR tvT-SUCCE SOR AGENCY455 L IF SA December 2012.doc 2