HomeMy WebLinkAbout04-01 RDA Resolution
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RESOLUTION NO. RDA 04-01
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA REDEVELOPMENT AGENCY AUTHORIZING
INVESTMENT OF AGENCY MONIES IN THE LOCAL AGENCY
INVESTMENT FUND
THE BOARD OF DIRECTORS OF THE TEMECULA REDEVELOPMENT AGENCY
DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. The Board of Directors of the Temecula Redevelopment Agency does
hereby find that pursuant to Chapter 730 of the statutes 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.
Section 2. 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
16429.1 of the Government Code for the purpose of investment as stated therein as in the best
interests of the Temecula Redevelopment Agency.
Section 3. The Board of Directors 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, and verification by the State Treasurer's Office of all
banking information provided in that regard.
James B. O'Grady
Name
Assist. Exec. Director
Title
Grant M. Yates
Name
Asst. to the Exec. Dir.
Title
Genie Roberts
Name
Director of Finance
Title
R:/RDA Reses 2004/RDA 04-01
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PASSED, APPROVED AND ADOPTED, by the Board of Directors of the Temecula
Redevelopment Agency at a regular meeting held on the 13th day of anuary, 2004.
ATTEST:
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STATE OF CALIFORNIA
COUNTY OF RIVERSIDE
CITY OF TEMECULA
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I, Susan W. Jones, CMC, Agency Secretary of the Redevelopment Agency of the City of
Temecula, do hereby certify that Resolution No. RDA 04-01 was duly and regularly adopted by
the Board of Directors of the Redevelopment Agency of the City of Temecula at a regular
meeting thereof, held on the 13th day of January, 2004, by the following vote, to wit:
AGENCY MEMBERS: Naggar, Stone, Roberts, Washington, Comerchero
AYES: 5
NOES: 0
ABSENT: 0
ABSTAIN: 0
AGENCY MEMBERS: None
AGENCY MEMBERS: None
AGENCY MEMBERS: None
R:/RDA Reses 20O4/RDA 04-01
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