HomeMy WebLinkAbout2022-01 TCSD ResolutionRESOLUTION NO. CSD 2022-01
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA COMMUNITY SERVICES DISTRICT OF THE
CITY OF TEMECULA AUTHORIZING INVESTMENT OF
MONIES IN THE LOCAL AGENCY INVESTMENT FUND
AND RESCINDING RESOLUTION NO. CSD 04-01
WHEREAS, The Local Agency Investment Fund is established in the State Treasury under
Government Code section 16429.1 et. seq. for the deposit of money of a local agency for purposes
of investment by the State Treasurer; and
WHEREAS, the Board of Directors of the Temecula Community Services District of the
City of Temecula (the "District") desires to rescind Resolution No. CSD 04-01 which previously
authorized investment of monies in the Local Agency Investment Fund; and
WHEREAS, the Board of Directors hereby finds that the deposit and withdrawal of money
in the Local Agency Investment Fund in accordance with Government Code section 16429.1 et.
seq. for the purpose of investment as provided therein is in the best interests of the District.
NOW THEREFORE, BE IT RESOLVED, that the Board of Directors hereby rescinds
Resolution No. CSD 04-01 effective February 8, 2022.
BE IT FURTHER RESOLVED, as follows:
Section 1. That the Board of Directors hereby authorizes the deposit and withdrawal of
District monies in the Local Agency Investment Fund in the State Treasury in accordance with
Government Code section 16429.1 et. seq. for the purpose of investment as provided therein.
Section 2. The following District officers holding the title(s) specified hereinbelow or their
successors in office are each hereby authorized to order the deposit or withdrawal of monies in the
Local Agency Investment Fund and may execute and deliver any and all documents necessary or
advisable in order to effectuate the purposes of this resolution ai
hereby:
Aaron Adams
(Name)
Kevin Hawkins
(Name)
Jennifer Hennessy
(Name)
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General Manager
(Title)
Assistant General Manager
(Title)
Director of Finance/Treasurer
(Title)
Section 3. This resolution shall remain in full force and effect until rescinded by Board of
Directors by resolution and a copy of the resolution rescinding this resolution is filed with the State
Treasurer's Office.
Section 4. The Secretary shall certify to the adoption of this Resolution.
PASSED, APPROVED, AND ADOPTED by the Board of Directors of the Temecula
Community Services District of the City of Temecula this 8`h day of February, 2022.
AT
R ohl, Secretary
[SEAL]
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j
James Stewart, President
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STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
1, Randi Johl, Secretary of the Temecula Community Services District of the City of
Temecula, do hereby certify that the foregoing Resolution No. CSD 2022-01 was duly and regularly
adopted by the Board of Directors of the Temecula Community Services District of the City of
Temecula at a meeting thereof held on the 8th day of February, 2022, by the following vote:
AYES: 5 BOARD MEMBERS: Alexander, Edwards, Rahn, Schwank,
Stewart
NOES: 0 BOARD MEMBERS: None
ABSTAIN: 0 BOARD MEMBERS: None
ABSENT: 0 BOARD MEMBERS: None
Randi Johl, Secretary
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