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HomeMy WebLinkAboutRedevelopment Agency - 148 RESOLUTION. 148 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AUTHORIZING INVESTMENT OF REDEVELOPMENT AGENCY MONIES IN THE LOCAL AGENCY INVESTMENT FUND WHEREAS, Pursuant to California Government_ Code § 16429 .1, a Local Agency Investment Fund was established in the State Treasury for the deposit of money of a local agency for purposes of investment by the State Treasurer; and The Redevelopment Agency hereby finds that the deposit and withdrawal of money in the Local Agency Investment Fund for the purpose of investment as stated in California Government Code § 16429 . 1 is in the best interest of the Redevelopment Agency of the City of Huntington Beach, NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency of the City of Huntington Beach does hereby authorize the deposit and withdrawal of Redevelopment Agency monies in. the Local Agency Investment Fund in the State Treasury in accordance with California Government Code § 16429 . 1 for the purpose of investment as stated therein . BE IT FURTHER RESOLVED that the Agency Treasurer of the Redevelopment Agency of the City of Huntington Beach shall be authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund. PASSED AND ADOPTED by the Redevelopment Agency of the City - of Huntington Beach at a regular meeting thereof held on this 16th day of February ' , 1988 . Chairman ATTEST: A OVED S TO FORM: Agency Clerk/City Clerk Agency to . ey/City Attorney R END PROVED: INITIATED AND APPROVED: Executive Director/City Agency Treasurer./City Treasurer Administrator_ r. f 148 Res. No. . 148 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF HUNTINGTON BEACH) I , ALICIA M. WENTWORTH, Clerk of the Redevelopment Agency of the City of Huntington Beach, California, DO HEREBY CERTIFY that the foregoing, resolution was duly adopted by the Redevelopment Agency of the City of Huntington. Beach at a meeting of said Redevelopment Agency held on the 16th day of February 19 88 , and that it was so adopted. by the following vote: AYES Members: Kelly, Green, Finley, Erskine, Mays, Winrhali NOES: Members: None ABSENT: Members: Bannister ',Clerk of t e Re&vel opment gen the City of Huntington Beach Ca. 148