HomeMy WebLinkAboutSA RES 12-05SUCCESSOR AGENCY
TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN,
CALIFORNIA ACTING AS SUCCESSOR AGENCY TO THE TUSTIN
COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING INVESTMENT
OF MONIES IN THE LOCAL AGENCY INVESTMENT FUND (LAIF)
The City of Tustin acting as Successor Agency to the Tustin Community
Redevelopment Agency ( "Successor Agency ") does hereby resolve as follows:
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;
WHEREAS, the Board of Directors 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 purpose of investment as
stated therein as in the best interests of the Successor Agency;
NOW, THEREFORE, BE IT RESOLVED BY THE TUSTIN CITY COUNCIL
SERVING AS THE SUCCESSOR AGENCY:
SECTION 1: The Board of Directors does hereby authorize the deposit and
withdrawal of the 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, and verification by
the State Treasurer's Office of all banking information provided in that regard.
SECTION 2: The following City officers or their successors in office shall be
authorized to order the deposit or withdrawal of monies in the Local Agency Investment
Fund:
Pamela Arends -King, Jennifer Leisz,
Finance Director Finance Manager
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Signature Signature
Resolution 12 -05
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APPROVED AND ADOPTED this 1 st day of May 2012.
John
' ,Nielsen
Mayor on behalf of the Successor
Agency
PAMELA STOKER
City Clerk on behalf of the Successor Agency
STATE OF CALIFORNIA )
COUNTY OF ORANGE SS
CITY OF TUSTIN
1, Pamela Stoker, City Clerk of the City of Tustin, acting as the Successor Agency for
the Tustin Community Redevelopment Agency, hereby certify that the foregoing
resolution was duly adopted by the City of Tustin, acting as the Successor Agency to
the Tustin Community Redevelopment Agency at its regular meeting held on the 'I' day
of May 2012, and that it was so adopted by the following vote:
-4FA
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rus - 110 rim 1 1011 10A 1 0 .1 a 1 . 0 4ri-I *.foffl 2 ilk I
Nielsen, Murray, Amante, Gomez (4)
None (0)
None (0)
Gavello (1)
PAMELA STOKER
City Clerk on behalf of the Successor Agency
vs-
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RIMINI
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Resolution 12-05
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