Loading...
r-529ATTACHMENT3 Council Meeting: February 22, 2011 Santa Monica, California RESOLUTION NO. 529 (RAS) A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA MONICA UPDATING THE LIST OF PERSONS AUTHORIZED TO CONDUCT TRANSACTIONS WITH THE STATE LOCAL AGENCY INVESTMENT FUND WHEREAS, Resolution Number 519 (RAS), adopted February 23, 2010 authorized the Redevelopment Agency of-the City of Santa Monica (Agency) to conduct transactions with the State Local Agency Investment Fund (LAIF); and WHEREAS, the State Local Agency Investment Fund (LAIF) requires that the Agency designate appropriate persons authorized to conduct transactions on behalf of the Agency with LAIF; and WHEREAS, certain staffing changes have made it necessary to update the designees authorized to conduct transactions with LAIF, NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. That the Agency Treasurer, Assistant Director of Finance, Budget Administrator, Agency Executive Director, and the Assistant City Manager are authorized to make investment transactions with LAIF. Attachment A to this resolution lists the current RDA/City employees authorized to make investment transactions with LAIF. SECTION 2. Any provision of any Resolution inconsistent with the provisions of the Resolution, to the extent of such inconsistencies and no further, are ATTACHMENTS hereby repealed or modified to the extent necessary to affect the provisions of the resolution. SECTION 3. The Agency Secretary shall certify to the adoption of this Resolution. and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM Mar a Jo Moutrie Attorney fo the Redevelopment Agency ATTACHMENT3 ATTACHMENT A Redevelopment Agency of the City of Santa Monica employees authorized to deposit and withdraw funds in the Local Agency Investment Fund in the State Treasury on behalf of the Agency: Name Position Signature Carol Swindell Agency Treasurer Candace Tysdal Assistant Director of Finance David R. Carr Budget Administrator Rod Gould Agency Executive Director ~ ~3~~ Elaine Polachek Assistant City Manager L ~ Adopted and approved this the 22"d day of February, 2011. Richard Bloom, Chair I, Maria M. Stewart, City Clerk of Santa Monica, do hereby certify that the foregoing Resolution No. 529 (RAS) was duly adopted at a special meeting of the Redevelopment Agency held on the 22"d day of February, 2011, by the following vote: Ayes: Agency members: Holbrook, McKeown, O'Day, Shriver Chair Pro Tem Davis, Chair Bloom Noes: Agency members: None Absent: Agency members: .O'Connor ATTEST: Maria M. Stewart, gency Secretary