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Reso 2001-139
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Reso 2001-139
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7/15/2010 12:33:30 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
9/4/2001
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IN TIIE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br />RESOLUTION N0.2001- 139 (1264) <br />RESOLUTION RESCINDING RESOLUTION N0.99-135 <br />AND DESIGNATING CERTAIN DEPOSITORIES <br />AND FURTHER AUTHORIZING SPECIFIED CITY OFFICIALS TO REMIT <br />MONEY IN THE CITY TREASURY TO THE STATE TREASURY FOR <br />DEPOSIT IN TIIE 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 if the 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 determine 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: 1Vlichael H. <br />White, Finance Director; or Christine M. Davis, Acting Accountant II. The name and address to be <br />used in communications with the State Treasurer for purposes of this resolution is as follows: <br />
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