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HomeMy WebLinkAbout94-03 RDA ResolutionRESOLUTION NO. RDA 94-03 A RESOLUTION OF ~ REI)EVELOPMENT AGENCY OF THE CITY OF TEMECULA AUTHORIZING INVESTMENT OF DISTRICT MONIES IN ~ LOCAL AGENCY WHEREAS, pursuant to Chapter 730 of the statues of 1976 Section 16429.1 was added to the California Government Code to create a Local Agency Investment Fund in the State Treasury for the deposit of money of a local agency for purposes of investment by the State Treasurer; and WllEREAS, the Board of Directors does hereby find that the deposit and withdrawal of money in the Local Agency Investment Fund in accordance with the provisions of Section 15429.1 of the Government Code for the purpose of investment as stated therein as in the best interests of the Temecula Redevelopment Agency. NOW, THEREFORE, BE IT RESOLVED, the Redevelopment Agency of the City of Temecula does hereby authorize the deposit and withdrawal of Temecula Redevelopment Agency monies in the Local Agency Investment Fund in the State Treasury in accordance with the provisions of Section 16429.1 of the Government Code for the purpose of investment as stated therein. Section 1. That the following Temecula Redevelopment Agency officers/designees or their successors in office shall be authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund. Ronald F.. Rradley Name F, xecufive Director Title June S. Greek Agency Secretary Name Title Signature Resos.RDA\94-03 1 Section 2. That the Secretary of the Agency shall certify to the passage and adoption of this resolution.. PASSED, APPROVED AND ADOPTED this 5th day of April, 1994. Ronald J. Parks, Chairperson ATTEST: City Clerk/Agency Secretary [SEAL] STATE OF CALIFORNIA) COUNTY OF RIVERSIDE) CITY OF TEMECULA) SS I, June S. Greek, Secretary of the Temecula Redevelopment Agency, HEREBY DO CERTIFY that the foregoing Resolution No. RDA 94-03 was duly adopted at a regular meeting of the Temecula Redevelopment Agency on the 5th day of April, 1994 by the following roll call vote: AYES: 5 AGENCY MEMBERS: Birdsall, Mufioz, Stone, Roberts, Parks None None NOES: 0 ABSENT: 0 AGENCY MEMBERS: AGENCY MEMBERS: J~k, City Clerk/Agency Secretary Rems.RDA\944B