HomeMy WebLinkAbout013-82 RESOLUTION NO. 13-82
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DANVILLE
AUTHORIZING INVESTMENT OF DANVILLE
MONIES IN LOCAL AGENCY INVESTMENT
FUND
WHEREAS pursuant to Chapter 730 of the Statutes of 1976
Section 16429 .i was added to the California Government Cofle 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
WHEREAS, the City Council does hereby find that the deposit
and withdrawal of money in the Local Agency Investment Fund in accord-
ance with the provisions of Section 16429.1 of the Government Code for
the purposes of investment as stated therein as in the best interests of
the City of Danville.
NOW THEREFORE, BE IT RESOLVED that the City Council does
hereby authorize the deposit and withdrawal of City of Danville 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.
BE IT FURTHER RESOLVED that the following City officers or
their successors in office shall be authorized to order the deposit or
wit~wal of m0~ in the Local Agency Investment Fund:
,~/'f"J.~..-O~ ,'~/'~ T RF.A RHRF..R __
~Name) C~ORGE GAEKLE (Title)
(Name) tATRICIA A. DEMPSTER (Title)
PASSED,APPROVED AND ADOPTED this 19th day of July, 1982, by
the following vote:
AYES: Lane, May, Mc Neely, Oftenhartz, Schlendorf
NOES: None ABSENT: None
CITY CLERK