Laserfiche WebLink
IN TI -IE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br /> RESOLUTION NO. 2012 -006 SA <br /> RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LEANDRO, ACTING IN <br /> ITS CAPACITY AS SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF <br /> THE CITY OF SAN LEANDRO, RESCINDING RESOLUTION NO. 2012 -011 AND <br /> AUTHORIZING INVESTMENT OF MONIES BY THE SUCCESSOR AGENCY TO THE <br /> REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO IN THE <br /> LOCAL AGENCY INVESTMENT FUND AND DESIGNATING CERTAIN DEPOSITORIES <br /> AND FURTHER AUTHORIZING SPECIFIED OFFICERS TO REMIT MONEY IN THE <br /> CITY TREASURY TO THE STATE TREASURY FOR DEPOSIT IN THE <br /> LOCAL AGENCY INVESTMENT FUND (LAIF) <br /> WHEREAS, Pursuant to Chapter 730 of the statutes of 1976, Section 16429.1 was added <br /> to the California Government Code to create a Local Agency Investment Fund in the State <br /> Treasury for the deposit of money of a local agency for purposes of investment by the State <br /> Treasurer; and <br /> WHEREAS, the City Council, acting in its capacity as Successor Agency to the <br /> Redevelopment Agency of the City of San Leandro, does hereby find that the deposit and <br /> withdrawal of money in the Local Agency Investment Fund in accordance with the provisions of <br /> Section 16429.1 of the Government Code for the purpose of investment as stated therein is in the <br /> best interests of the Successor Agency to the Redevelopment Agency of the City of San Leandro. <br /> NOW THEREFORE, BE IT RESOLVED, that the City Council does hereby authorize <br /> the deposit and withdrawal of RDA monies in the Local Agency Investment Fund in the State <br /> 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 <br /> banking information provided in that regard. <br /> BE IT FURTHER RESOLVED, that the following Successor Agency to the <br /> Redevelopment Agency of the City of San Leandro officers or their successors in office shall be <br /> authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund: <br /> Chris Zapata / Lianne Marshall <br /> City Managirr Assistant City Manager <br /> ifi <br /> David Baum Carlota Rodriguez <br /> Finance Director Deputy Finance Director <br />