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HEnOLU~lUN NU. ~UtiL
J
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ARCADIA AUTHORIZIt;G INVESTMENT OF CITY OF ARCADIA
MONIES IN LOCAL AGENCY INVESTMENT FUND
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 City Council does hereby find that the deFosit
and withdrawal of money in the Local Agency Investment Fund in
accordance with the provisions of Section 16429.1 of the Govern-
ment Code for the purposes of investment as stated th~rein as in
the bC'st i.ntcrests of the Arcadia
Name of Ci ty
NOW THEREFORE, BE IT RESOLVED that the City Council does hereby
authorize the deposit and withdrawal of Arcadia monies in
Name of City
the Local Agency Investment Fund in the State Treasury in accordance
wi th the provisions of Section 16429.1 of the Governmen t Code for
the p\,H;pose of investment as stated therein:.
BE IT FURTHER RESOLVED that the following City officers or
their successors in office shall be authorized to order t1~c ~cpo~i~
or wi thdr,:::u,,'al of monies
Gerald A. Parker
(N;une)
in the Local Agency Investment Fund:
Senior Accountant/
Treasurer
(Ti tIe)
,;
.J()rr_~hllc:.tPr
(Name)
Finance Director
(Ti tIel
(Name)
(Ti tle)
PASSED AND ADOPTED by the City Council of the Arcadia
Name of City
State of Cal i Cornia on December 21, 1982
(Date)
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5081
SECTION
That the Clerk of the Council shall certify to the adoption
of this resolution.
I HEREBY, CERTIFY that the foregoing resolution was adopted at a regular
meeting of the City Council of the City of Arcadia held on the 21st day of
December, 1982
to "'it:
. by the affirmative vote of at least three Councilmen,
AYES:
NOES:
ABSENT:
ABSTAIN:
Councilmen
None
None
Councilman
Dring, Haltom, Lojeski & Pelleqrino
Hannah
~
City Clerk of the City of Arcadia
SIGNED AIm APPROVED this 21st
~
City Clerk
J
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5081