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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br /> RESOLUTION NO. 99- 135 (1264) <br /> RESOLUTION 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 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 /> 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: Tim Hansen, <br /> Finance Director;or Michael H. White,Assistant Finance Director. The name and address to be used <br /> in communications with the State Treasurer for purposes of this resolution is as follows: <br />