CC RESOLUTION 3056 A• RESOLUTION NO, 3056 -A
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF EL SEGUND09 CALIFORNIA, AUTHORI-
ZING THE INVESTMENT OF CITY MONIES IN A
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
deposit and withdrawal of money in the Local Agency Investment
Fund in accordance with the provisions of Section 16429,1 of the
Government Code for the purposes of investment as stated therein
is in the best interestsof the City of El Segundo;
NOW, THEREFORE, BE IT RESOLVED that the City Council
of the City of El Segundo, California, does hereby authorize the
deposit and withdrawal of City monies in the Local Agency Invest-
ment Fund in the State Treasury in accordance with the provisions
of Section 16429,1 of the Government Code for the purpose of
investment as stated therein,
BE IT FURTHER RESOLVED that the following City officers
or their successors in office shall be authorized to order the
deposit or withdrawal of monies in the Local Agency Investment
Fund;
(1) Louise Eckersley, City Treasurer
C2) Arthur E, Jones, City Manager
PASSED, APPROVED and ADOPTED this 7th day of APRIL 1981,
U
ATTEST;
City Clerk
(SEAL)
yor of the City of El Segundo, California)
u
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )
CITY OF EL SEGUNDO )
SS
I, VALERIE A. BURROWES City Clerk of the
City of El Segundo, California, DO HEREBY CERTIFY that the
whole number of members of the City Council of the said City is
five; that the foregoing resolution, being Resolution No. 3056
was duly passed and adopted by the said City Council, approved
and signed by the Mayor of said City, and attested by the City
Clerk of said City, all at a regular meeting of the said Council
held on the 7th day of April ,19 81
and that the same was so passed and adopted by the following vote:
AYES: Councilmen Armstrong, Bue, Johnson
Siadek.and Mayor Van Vranken
NOES: Councilmen None
ABSENT: Councilmen None
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID
CITY this 15th day of April 19 81
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City Clerk of the City of El Segundo,
• California
(SEAL)
I•