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HomeMy WebLinkAboutCity Council - 6244 RESOLUTION NO. 6244 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH AUTHORIZING THE CITY TREASURER TO DEPOSIT AND WITHDRAW FUNDS WITH THE ORANGE COUNTY TREASURER FOR INVESTMENT PURPOSES WHEREAS, the Huntington Beach City Council desires the investment of excess city funds by the Treasurer of the County of Orange; and The County of Orange established a program pursuant to the Government Code Section 53684 on February 2, 1988 by virtue of the adoption of Resolution No. 88-134 of the County Board of Supervisors; and The City of Huntington Beach City Council ("City Council") does hereby find that the opportunity to deposit and withdraw money with the County Treasurer in accordance with Government Code Section 53684 is in the best interests of the city. NOW, THEREFORE, BE IT RESOLVED, that the City Council does hereby authorize the deposit and withdrawal of the city' s monies with the County Treasurer in accordance with the provisions of Government Code Section 53684 for the purpose of i investment as stated therein. BE IT FURTHER RESOLVED that the following City of Huntington Beach officers or their successors in office shall be authorized to order the deposit or withdrawal of monies with the County Treasurer pursuant to this program: Donald L. Watson Patricia Lovelace City Treasurer Sr. Deputy Treasurer PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting t eld on the 7th day of January , 1991. Mayor ATTEST: APPROVED AS TO fF City Clerk 60f City Attorney REVIEWED AND APPROVED: INITIATED AND APPROVED: ity Administrator V City Treasurer i Res., No. 6244 STATE OF CALIFORNIA F COUNTY OF ORANGE ; ss: CITY OF HUNTINGTON BEACH ) I, CONNIE BROCKWAY, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council at a regular meeting thereof held on the 7th day of 19 91 by the following vote: s AYES: Councilmembers: -_ - Mar-Al 1,�er, to -hell , gj 1__-va, Green Kelly Robitaille, Moulton-Patterson NOES: Councilmembers: None ABSENT: Councilmembers: None • 7 ty U I erk and ex-off!C 7 Ll er of the City Council of the City of Huntington Beach, California