RESOLUTION NO. 2022-134
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POMONA, CALIFORNIA, AUTHORIZING THE CHANGE OF OFFICERS TO ORDER THE DEPOSIT OR WITHDRAWAL OF CITY OF POMONA MONIES IN THE 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 Council of the City of Pomona 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 Government Code for the purpose of investment as stated therein is in the best interests of the City of Pomona.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Pomona, California, as follows:
SECTION 1. That the Council does hereby authorize the deposit and withdrawal of City of Pomona 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.
SECTION 2. The following City of Pomona officers or their successors in office shall be authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund:
Andrew Mowbray, City Treasurer/Finance Director
Aleli Burgos, Deputy Finance Director
Shar Perez, Revenue Manager
SECTION 3. The City Clerk shall certify the passage and adoption of this resolution and it shall thereupon take effect and be in force.
PASSED, APPROVED AND ADOPTED this 18th day of July, 2022.
CITY OF POMONA:
______________________________
Tim Sandoval
Mayor
APPROVED AS TO FORM: ATTEST:
________________________________ ______________________________ Sonia Carvalho Rosalia A. Butler, MMC
City Attorney City Clerk
I, HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of the City of Pomona at a regular meeting thereof held on July 18, 2022 by the following vote of the Council:
AYES:
NOES:
ABSTAIN:
ABSENT:
Rosalia A. Butler, MMC
City Clerk
Resolution No. 2022-134
July 18, 2022
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Resolution No. 2022-134
July 18, 2022
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