HomeMy Public PortalAboutResolution - 06-31- 20060823 - Authorize Investment RESOLUTION No. 06- _31_
PASSED AND ADOPTED by the Board of Directors of the Midpeninsula Regional Open Space
District on August 23, 2006, at a Regular Meeting thereof, by the following vote: j
AYES: J. Cyr, M. Davey, N. Hanko, L. Hassett, K. Nitz, P. Siemens
NOES: None
ABSTAIN: None
ABSENT: None
ATTEST: APPROVED:
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S cretary sident
Board of Directors ,Board of/irectors
I, the District Clerk of the Midpeninsula Regional Open Space District, hereby certify that
the above is a true and correct copy of a resolution duly adopted by the Board of Directors of
the Midpeninsula Regional Open Space District by the above vote at a meeting thereof duly
held and called on the above day.
Distri erk
r
RESOLUTION NO. 06-31
I
A RESOLUTION OF THE BOARD OF
DIRECTORS OF THE MIDPENINSULA
REGIONAL OPEN SPACE DISTRICT
AUTHORIZING INVESTMENT OF MONIES IN
THE LOCAL AGENCY INVESTMENT FUND
The Board of Directors of the Midpeninsula Regional Open Space District does resolve as
follows:
WHEREAS, Pursuant to Chapter 730 of the statues 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 Board of Directors 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 purpose of investment as stated therein as in the best interests of
the District.
NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors does hereby authorize
the deposit and withdrawal of District monies in the Local Agency Investment 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, and verification by the State Treasurer's Office of all
banking information provided in that regard.
BE IT FURTHER RESOLVED,that the following District officers or their successors in
office shall be authorized to order the deposit or withdrawal of monies in the Local Agency
Investment Fund:
L. Craig Britton Sally Rice Michael L. Foster
(Name) (Name) (Name)
Genera M a er Assistant General Manager Controller
(Title (Title) (Title)
(Signature) (Si a e) (Signature)
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