Cities Index.
Attachment A - Resolution No. 24-080

Victorville City Council
August 20, 2024

Document
Attachment A - Resolution No. 24-080
Meeting
August 20, 2024
Body
Victorville City Council
Original file
62 KB
Text extracted from the city's file for reading and search. Open the original on victorvilleca.primegov.com. That file is the official record.

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2 ATTACHMENT A
RESOLUTION No. 24-080
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2 RESOLUTION NO. 24-080

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VICTORVILLE

SITTING AS THE GOVERNING BOARD, SUPERSEEDING RESOLUTION NO. 17-011, REVISING THE LIST OF OFFICERS AUTHORIZED TO MAKE

INVESTMENT OF MONIES IN THE LOCAL AGENCY INVESTMENT FUND WHEREAS, The Local Agency Investment Fund is established in the State Treasury under Government Code section 16429.1 et. seq. for the deposit of money of a local agency for purposes of investment by the State Treasurer; and
WHEREAS, the Victorville City Council hereby finds that the deposit and withdrawal of money in the Local Agency Investment fund in accordance with Government code section 16429.1 et. seq. for the purpose of investment as provided therein is in the best interest of the City of Victorville;
NOW THEREFORE, BE IT RESOLVED, that the Victorville City Council hereby authorizes the deposit and withdrawal of City of Victorville monies in the Local Agency Investment Fund in the State Treasury in accordance with Government Code section 16429.1 et. seq. for the purpose of investment as provided therein.

BE IT FURTHER RESOLVED, as follows:

Section 1. The following City of Victorville officers holding the title(s) specified hereinbelow or their successors in office are each hereby authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund and may execute and deliver any and all documents necessary or advisable in order to effectuate the purposes of this resolution and the transactions contemplated hereby:

Keith C. Metzler – City Manager
Jennifer Thompson – City Clerk
Jenele Davidson – Deputy City Manager
Carmen Cun – Director of Finance / City Treasurer
Section 2. This resolution shall take effect immediately upon its adoption and shall remain in full force and effect until rescinded by Victorville City Council by resolution and a copy of the resolution rescinding this resolution is filed with the State Treasurer's Office.

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