Agenda Item No. 8
CITY COUNCIL STAFF REPORT
TO: Honorable Mayor and City Council DATE: January 8, 2024 FROM: Matthew Bronson, City Manager
PREPARED BY: Karla Mattocks, Human Resources Officer
SUBJECT: Resolution to Appoint City Treasurer and Authorize the List of City Officials to Order Deposits and Withdrawals from the Local Agency Investment Fund
RECOMMENDATION
Adopt the Resolution to appoint Administrative Services Director Nick Szamet as the new City Treasurer and Authorize the List of City Officials to Order Deposits and Withdrawals from the Local Agency Investment Fund
BACKGROUND
The Administrative Services Director is appointed as City Treasurer by Resolution of the City Council. The previous Administrative Services Director, Deanne Purcell, left the employment of the City on December 29, 2023, and Nick Szamet is now serving in this role. Council is asked to adopt a Resolution to appoint Mr. Szamet to serve as City Treasurer effective upon the filing of his official oath and bond pursuant to Grover Beach Municipal Code Section 2103.
The Local Agency Investment Fund (LAIF) requires an update to information when changes are made to City staff who are authorized to make deposits or withdrawals from the City account.
These changes must be made by Resolution and must list the individual and their position with the City. The City has hired Nick Szamet as the new Administrative Services Director with the retirement of Deanne Purcell.
Currently the City officers authorized to order changes are:
Matthew Bronson, City Manager
Deanne Purcell, Administrative Services Director/City Treasurer Wendi Sims, City Clerk/Executive Assistant
Staff is recommending the following City officers be authorized to order the deposits and withdrawals from LAIF:
Matthew Bronson, City Manager
Nick Szamet, Administrative Services Director/City Treasurer Lorena Zarate, Finance Manager
Wendi Sims, City Clerk/Executive Assistant
Staff Report: Appointment of City Treasurer/Authorize LAIF Page 2 January 8, 2024
ALTERNATIVES
The Council has the following alternatives to consider:
1) Adopt the Resolution appointing Nick Szamet as the new City Treasurer and authorizing certain City Officials to Order Deposits and Withdrawals from the Local Agency Investment Fund (LAIF); or
2) Provide staff with alternative direction.
FISCAL IMPACT
There is no expected fiscal impact from this action.
PUBLIC NOTIFICATION
The agenda was posted in accordance with the Brown Act.
Attachments
1. Resolution No. 24-__
Attachment 1
RESOLUTION NO. 24-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GROVER
BEACH CALIFORNIA APPOINTING NICK SZAMET AS CITY TREASURER
AND AUTHORIZING THE LIST OF CITY OFFICIALS TO ORDER DEPOSITS
AND WITHDRAWALS FROM THE LOCAL AGENCY INVESTMENT FUND
WHEREAS, the Administrative Services Director/City Treasurer Deanne Purcell left City employment on December 29, 2023; and
WHEREAS, Nick Szamet assumed the role of Administrative Services Director upon Deanne Purcell’s departure;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Grover Beach that Nick Szamet be and is hereby appointed City Treasurer to serve at the pleasure of the City Council, and that Mr. Szamet and Lorena Zarate be added to the list of City Officials authorized to order deposits and withdrawals from the Local Agency Investment Fund (LAIF) effective upon the filing of their official oath and bond pursuant to Grover Beach Municipal Code Section 2103.
Currently the City officers authorized to order changes are:
Matthew Bronson, City Manager
Deanne Purcell, Administrative Services Director/City Treasurer Wendi Sims, City Clerk/Executive Assistant
Staff is recommending the following City officers be authorized to order the deposits and withdrawals from LAIF:
Matthew Bronson, City Manager
Nick Szamet, Administrative Services Director/City Treasurer Lorena Zarate, Finance Manager
Wendi Sims, City Clerk/Executive Assistant
On motion by _________, second by ________, and on the following roll-call vote, to wit:
AYES: Council Members –
NOES: Council Members –
ABSENT: Council Members –
ABSTAIN: Council Members –
the foregoing Resolution was PASSED, APPROVED, and ADOPTED at a regular meeting of the City Council of the City of Grover Beach, California this 8th day of January, 2024.
KAREN BRIGHT, MAYOR
Attest:
WENDI B. SIMS, CITY CLERK