HomeMy WebLinkAboutRES 89-92RESOLUTION NO. 89-92
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DIAMOND
BAR AUTHORIZING ADDITION OF THE POSITION OF SENIOR
ACCOUNTANT TO THE DEPOSIT AND WITHDRAWAL OF MONIES IN AND
FROM THE LOCAL AGENCY INVESTMENT FUND IN ACCORDANCE WITH
GOVERNMENT CODE SECTION 16429.1 FOR THE PURPOSES OF
INVESTMENT
WHEREAS, pursuant to Chapter 730 of the Statutes of 1976,
California Government Code Section 16429.1 was added to create a
Local Agency Investment Fund in the State Treasury for the deposit
of money of a local agency (municipality) for purposes of
investment by the State Treasurer; and
h. WHEREAS, the City Council of the City of Diamond Bar did
previously resolve under Resolution No. 89-40 that the deposit and
withdrawal of money in the Local Agency Investment Fund is in the
best interests of the City of Diamond Bar; and
WHEREAS, the City desires one (1) additional City officer
to be added to those positions previously authorized by Resolution
No. 89-40 to order the deposit or withdrawal of monies in the Local
Agency Investment Fund.
NOW, THEREFORE, be it resolved that the City Council of
the City of Diamond Bar does hereby authorize the following City
Officers or their successors in office to order the deposit or
withdrawal of monies in the Local Agency Investment Fund
ROBERT L. VAN NORT
LINDA G. MAGNUSON
TOMMYE A. NICE
1
City Manager
Senior Accountant
Deputy City Clerk
ADOPTED AND
September , 1989•
ATTEST:
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i City Clerk -
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APPROVED this 25th _ day of
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Mayor
I, Lynda Burgess, City Clerk of the City of Diamond Bar,
do hereby certify that the foregoing Resolution was duly and
regularly adopted by the City Council of the City of Diamond Bar
at an adjourned regular meeting held on the 25th day of
September , 1989, by the following vote:
AYES: COUNCILMEMBERS: Forbing, Miller, Werner,
Mayor Pro Tem Horcher and Mayor Papen
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
ABSTAIN: COUNCILMEMBERS: None
City -Clerk
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