Resolution 10001CITY OF ALAMEDA RESOLUTION NO. 10001
RESOLUTION AUTHORIZING INVESTMENT OF CITY OF ALAMEDA MONIES IN
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 as in the best interests of the City of
Alameda.
NOW THEREFORE, BE IT RESOLVED that the City Council does hereby
authorize the deposit and withdrawal of City of Alameda monies in the Local
Agency Investment Fund in the State Treasury in accordance with the provi-
vions 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:
Raymond G. Nobriga
(name)
City Treasurer
(title)
Finance Director Lawrence Stickney
(title) (name)
name) (title)
PASSED AND ADOPTED by the City Council of the City of Alameda
State of California on March 15, 1983
(date)
I, the undersigned, hereby certify that the foregoing Resolution
was duly and regularly adopted and passed by the Council of the
City of Alameda in regular meeting assembled on the 15th of March, 1983,
by the following vote to wit:
AYES:
NOES:
ABSENT:
Councilmembers Diament, Gorman, ,Sherratt, Stone and President Corica - 5.
None.
None.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
official. seal of said City this 16th day of March, 1983.
City Clerk of the ameda