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<br />1 <br />2 <br />3 depository, and have custody 01 all the money of the Authority from whatever source; <br />4 except that the Treasurer or ex-officio Treasurer of one of the Agencies with said <br />5 Agency's consent, may be designated Treasurer of the Authority by unanimous <br />6 approval of the Commission. In lieu of the designation of the Treasurer in this manner, <br />7 the Commission may appoint one of its officers or employees to the position of <br />8 Treasurer. <br /> <br />(h) <br /> <br />Treasurer <br /> <br />The Treasurer of Alameda County shall be Treasurer of the Authority, be the <br /> <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br /> <br />The Treasurer so designated shall: <br />(i) Receive and receipt for all money of the Authority and place it in the <br />treasury of the Treasurer to the credit of the Authority. <br />(ii) Be responsible upon his official bond for the safekeeping and <br />disbursement of all Authority money so held by him. <br />(iii) Pay, when due, out of money of the Authority so held by him, all <br />sums payable on outstanding bonds and coupons of the Authority. <br />(iv) Pay any other sums due from the Authority from Authority money, or <br />any portion thereof, only upon warrants of the public officer <br />performing the functions of the Controller of the Authority. <br />(v) Invest all of the Authority's funds not currently required in the manner <br />provided by law and collect interest thereon for account of the <br />Authority . <br />(vi) Annually render to the Commission and each member agency a <br />statement of investment policy. <br />(vii) Render a monthly report to the Commission showing the amount of <br />money he holds for the Authority, the amount of receipts since his <br />last report, the amount paid out since his last report, the type of <br />investments, institution, date of maturity, amount of deposit, current <br />market value for all securities with a maturity of more than 12 <br />months, rate of interest and relationship to the statement of <br />investment policy. <br /> <br />-11- <br />