HomeMy WebLinkAbout043-2015RESOLUTION NO. 43-2015
AUTHORIZING INVESTMENT OF MONIES IN THE
LOCAL AGENCY INVESTMENT FUND (LAIF)
FOR THE TOWN OF DANVILLE
WHEREAS, 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; and
WHEREAS, the Danville Town Council 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 is in the best interests of the Town of Danville; now, therefore, be it
RESOLVED, that the Danville Town Council does hereby authorize the deposit and
withdrawal of Town 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, and verification by the State
Treasurer's Office of all banking information provided in that regard; be it further
RESOLVED, that the following Town of Danville officers and designated employees, or
their successors in office or employment, shall be authorized to order the deposit or
withdrawal of monies in the Local Agency Investment Fund:
Toseph A. Calabrigo
Name
Lani Ha
Name
Finance Manager/ Treasurer
Title
Signature
Carol Ashburn
Name
Accounting Analys
Title
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Signature
APPROVED, by the Danville Town Council at a regular meeting on June 2, 2015, by the
following vote:
AYES: Doyle, Stepper, Arnerich, Morgan, Storer
NOES: None
ABSTAINED: None
ABSENT: None
MAYOR
APPROVED AS TO FORM: ATTEST:
CITY ATTORNEY
PAGE 2 OF RESOLUTION NO. 43-2015