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8C Consent 2008 0902
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8C Consent 2008 0902
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Last modified
8/29/2008 9:09:02 AM
Creation date
8/29/2008 9:09:01 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
9/2/2008
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PERM
Document Relationships
_CC Agenda 2008 0902
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2008\Packet 2008 0902
EDA Reso 2008-002
(Reference)
Path:
\City Clerk\City Council\Resolutions\2008
RDA Reso 2008-020
(Reference)
Path:
\City Clerk\City Council\Resolutions\2008
Reso 2008-100
(Reference)
Path:
\City Clerk\City Council\Resolutions\2008
Reso 2008-101
(Reference)
Path:
\City Clerk\City Council\Resolutions\2008
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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br />RESOLUTION NO.2008- <br />RESOLUTION RESCINDING RESOLUTION N0.2008-040 AND AUTHORIZING <br />INVESTMENT OF MONIES IN THE LOCAL AGENCY INVESTMENT FUND AND <br />DESIGNATING CERTAIN DEPOSITORIES AND FURTHER AUTHORIZING SPECIFIED <br />CITY OFFICIALS TO REMIT MONEY IN THE CITY TREASURY TO THE STATE <br />TREASURY FOR DEPOSIT IN THE LOCAL AGENCY INVESTMENT FUND <br />WHEREAS, Pursuant to Chapter 730 of the statutes of 1976, Section 16429.1 was added to <br />the California Government Code to create a Local Agency Investment Fund in the State Treasury for <br />the deposit of money of a local agency for purposes of investment by the State Treasurer; and <br />WHEREAS, the City Council does hereby find that the deposit and withdrawal of money in <br />the Local Agency Investment Fund in accordance with the provisions of Section 16429.1 of the <br />Government Code for the purpose of investment as stated therein is in the best interests of the City of <br />San Leandro. <br />NOW THEREFORE, BE IT RESOLVED, that the City Council does hereby authorize the <br />deposit and withdrawal of City of San Leandro monies in the Local Agency Investment Fund in the <br />State Treasury in accordance with the provisions of Section 16429.1 of the Government Code for the <br />purpose of investment as stated therein, and verification by the State Treasurer's Office of all banking <br />information provided in that regard. <br />BE IT FURTHER RESOLVED, that the following City Officials or their successors in office <br />shall be authorized to order the deposit or withdrawal of monies in the Local Agency Investment <br />Fund: <br />'"~~~~- <br />Stephen L. Hollister <br />Interim City Manager <br />~~ ~~ ~~ ~, <br />Perry H. Carter <br />Interim Finance Director <br />arlota Rodri <br />Deputy Finance Director <br />
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