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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br />RESOLUTION N0.2003- 21 ~ (12 6 4 ) <br />RESOLUTION RESCINDING RESOLUTION N0.2002-18 <br />AND DESIGNATING CERTAIN DEPOSITORIES AND FURTHER AUTHORIZING SPECIFIED <br />CITY OFFICIAL TO REMIT MONEY IN THE CITY TREASURY TO THE STATE TREASURY <br />FOR DEPOSIT IN THE LOCAL AGENCY INVESTMENT FUND <br />The City Council of the City of San Leandro does RESOLVE as follows: <br />1. That the Finance Director and the Assistant Finance Director are hereby authorized <br />and directed to deposit all funds coming into their hands into any one or more of the following <br />depositories: <br />Bank of America N.T. & S. A. <br />BNY Western Trust Company <br />U. S. Bank <br />2. That ifthe Finance Director or the Assistant Finance Director determines that City <br />funds should be deposited in the Local Agency Investment Fund of the State of California, the City of <br />San Leandro, a Charter City, hereby agrees to deposit or withdraw such monies in the Local Agency <br />Investment Fund of the State Treasury in accordance with the provisions of Article II (commencing <br />with Section 16429.1) of Chapter 2 of Part 2 of Division 4 of Title 2 of the Government Code of the <br />State of California. The following City officials are hereby authorized to detemline if there is money <br />in the City treasury not required for the immediate needs of the City and to remit such money to the <br />State Treasurer for deposit in the Local Agency Investment Fund and to determine the length of time <br />such monies will be on deposit and to withdraw such money from the State Treasury: Edward G. <br />Schilling, Acting Finance Director; or John J. Jermanis, City Manager. The name and address to be <br />used in communications with the State Treasurer for purposes of this resolution is as follows: <br />