Resolution 13509CITY OF ALAMEDA RESOLUTION NO. 13509
AUTHORIZING DEPOSIT OF BOND PROCEEDS
IN THE LOCAL AGENCY INVESTMENT FUND
WHEREAS, Pursuant to Chaptcr 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
proceeds from bonds, notes, certificates of participation, or other forms of indebtedness
(proceeds) in the Local Agency Investment Fund in accordance with the provisions of
Government Code Section 16429.1 is in the best interest of City of Alameda CFD #4 and
the holders of the City of Alameda CFD #4 indebtedness.
NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors does
hereby authorize the deposit and withdrawal of City of Alameda CFD #4 proceeds in the
Local Agency Investment Fund in the State Treasury in accordance with the provisions of
Government Code Section 16429.1 for the purpose of investment as stated therein, and
verification by the State Treasurer's Office of all banking infoiniation provided in that
regard.
BE IT FURTHER RESOLVED, that the following trustee or fiscal agent of the
City of Alameda CFD #4, shall be the authorized to order the deposit or withdrawal of
monies in the Local Agency Investment Fund: Union Bank of California, until the
District notifies the Local Agency Investment Fund in writing of any change in the
trustee or fiscal agent.
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 a regular meeting assembled on the 16th
day of July, 2002, by the following vote to wit:
AYES: Councilmembers Daysog, DeWitt, Johnson, Kerr and
Mayor Appezzato - 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this
17th day of July, 2002.
Lara Weisiger, City C
City of Alameda