HomeMy WebLinkAboutResolution 95-015 RepealedRESOLUTION NO.95-15
AUTHORIZING INVESTMENT OF MONIES INTO THE
LOCAL AGENCY INVESTMENT FUND
A JOINT RESOLUTION OF THE BOARDS OF DIRECTORS
OF COUNTY SANITATION DISTRICTS NOS.1,2,3,5,6,
7,11,13 AND 14 OF ORANGE COUNTY,CALIFORNIA,
AUTHORIZING INVESTMENT OF MONIES INTO THE
LOCAL AGENCY INVESTMENT FUND
********
WHEREAS,the Boards of Directors have adopted Resolution No.94-156,
designating a Districts’Treasurer and authorizing deposits and investments,as allowed
by law;and,
WHEREAS,California Government Code Section 16429.1 creates 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 Boards of Directors do 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 California Government Code,for the purpose of
investment,as stated therein,is in the best interests of the County Sanitation Districts of
Orange County,California;and
NOW,THEREFORE,the Boards of Directors of County Sanitation
Districts Nos.1,2,3,5,6,7,11,13 and 14 of Orange County,California,
DO HEREBY RESOLVE,DETERMINE AND ORDER:
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Section 1 That the Boards of Directors do hereby authorize the Districts’
Treasurer to make deposits and withdrawals of Districts’monies in the Local Agency
Investment Fund in the State Treasury,in accordance with the provisions of Section
16429.1 of the California Government Code,for the purpose of investment as stated
therein.
Section 2 That the following Officers of the Districts,or their successors-in-
office,shall be authorized to order the deposit or withdrawal of monies in the Local
Agency Investment Fund:
Name Title Sic~nature
Gary G.Streed Director of Finance
_____________________
Michael D.White Controller
_____________________
Steve Kozak Financial Manager
______________________
PASSED AND ADOPTED at a regular meeting held February 8,1995.
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STATE OF CALIFORNIA)
)SS.
COUNTY OF ORANGE )
I,PENNY KYLE,Secretary of the Boards of Directors of County Sanitation
Districts Nos.1,2,3,5,6,7,11,13 and 14 of Orange County,California,do hereby
certify that the foregoing Resolution No.95-15 was passed and adopted at a regular
meeting of said Boards on the 8th day of February,1995,by the following vote,to wit:
AYES:Cecilia Age,John Collins,John C.Cox,Jr.,Jan Debay,Barry
Denes,Shirly Dettloff,Burnie Dunlap,Norman Z.Eckenrode,
James M.Ferryman,James H.Flora,Don R.Griffin,John
Gullixson,Barry Hammond,Victor Leipzig,Wally Linn,Pat
McGuigan,Mark A.Murphy,Margie L.Rice,Julie Sa,Thomas R.
Saltarelli,Sal A.Sapien,Sheldon S.Singer,Roger R.Stanton,
William G.Steiner,Peer A.Swan,Charles E.Sylvia,Daniel T.
Welch
NOES:None
ABSENT:George Brown,Bob Zemel
IN WITNESS WHEREOF,I have hereunto set my hand and affixed the official
seal of County Sanitation District No.1 on behalf of itself and Districts Nos.2,3,5,6,7,
11,13 and 14 of Orange County,California,this 8th day of February,1995.
~ita~on
Districts Nos.1,2,3,5,6,7,11,13 and 14
of Orange County,California
forms/fl 2