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HomeMy WebLinkAbout1991-03-19; Housing & Redevelopment Commission; Resolution 185I/ 0 v 1 2 3 4 RESOLUTION NO. 185 A RESOLUTION OF THE CARLSBAD HOUSING AND REDEVELOPMENT COMMISSION OF THE CARLSBAD REDEVELOPMENT AGENCY AUTHORIZING THE ESTABLISHMENT OF AN ACCOUNT WITH THE LOCK AGENCY INVESTMENT FUND 5 11 WHEREAS, pursuant to Chapter 730 of the statutes of 1976 Section 164; 6 1) was added to the California Government Code to create a Local Agency Investn 7 8 9 10 WHEREAS, the Carlsbad Housing and Redevelopment Commission c 11 hereby find that the deposit and withdrawal of money in the Local Age 12 Investment Fund in accordance with the provisions of Section 16429.1 of Fund in the State Treasury for the deposit of money of a local agency for purpc of investment by the State Treasurer; and l3 11 Government Code for the purpose of investment as stated therein is in the 1 14 15 interests of the Carlsbad Redevelopment Agency; and 16 I1 WHEREAS, the Carlsbad Housing and Redevelopment Commission is I? I1 governing body of the Carlsbad Redevelopment Agency. 18 21 1. That the above recitations are true and correct. 20 and Redevelopment Commission of the Carlsbad Redevelopment Agency. 19 NOW, THEREFORE, BE IT RESOLVED as follows by the Carlsbad Hous 2. That the Carlsbad Housing and Redevelopment Commission does her! 22 I ll authorize the deposit and withdrawal of Carlsbad Redevelopment Agency moI 23 24 25 Section 16429.1 of the Government Code for the purpose of investment as sta 26 name of the Carlsbad Redevelopment Agency in accordance with the provision: in the Local Agency Investment Fund in the State Treasury in an account in 27 // therein. 28 /// Ir ' II 0 7 . 3. That the following officers or their successors in office shall 1 2 authorized to order the deposit or withdrawal of monies in the Local Agen Investment Fund: 3 4 II NAME TITLE 5 /I James M. Stanton City Treasurer * +2?2??!E SIGNATU b 7 8 Frank Mannen Assistant City Manager/ James F. Elliott Financial Management Direct0 g Deputy City Treasurer 10 11 PASSED, APPROVED AND ADOPTED at a 12 13 14 15 16 Housing and Redevelopment Commission of the Carlsbad Redevelopment Agency the 19th day of March , 1991, by the following vote, to wit: AYES: Commissioners Lewis, Kulchin, Larson, Nygaard and S NOES: None 17 // ABSENT: None 18 19 CLAUDE A. LEdIS, Chairperson 23 24 (SEAL) 25 I 26 27 28