Reso 2003-676e
RESOLUTION NO 2003 -676
RESOLUTION OF THE COSTA MESA SANITARY
DISTRICT AUTHORIZING INVESTMENT OF MONIES IN THE
LOCAL AGENCY INVESTMENT FUND
WHEREAS, Pursuant to Chapter 740 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 Costa Mesa Sanitary District Board of Directors does hereby find
that the deposit and withdrawal of money in the Local Agency Investment Fund in
accordance with the provisions of Section 1629.1 of the Government Code for the
purpose of investment as stated therein as in the best _interested of the Costa Mesa
Sanitary District.
NOW THEREFORE, BE IS RESOLVED, that the Board of Directors does hereby
authorize the deposit and withdrawal of Costa Mesa Sanitary District 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
herein, and verification by the State Treasurer's Office of all banking information
provided in that regard.
BE IT FURTHER RESOLVED, that the following Costa Mesa Sanitary District
officers or their successors in office shall be authorized to order the deposit or
withdrawal of monies in the Local Agency Investment Fund:
Marc R. Puckett
Director of Finance/
District Treasurer
Judy A. Vickers
e
Signature // Si4oalure
Dusty Bent
Investment Specialist
M<<.''`
PASSED AND ADOPTED this day of t,,, 2003, by the following vote:
AYES: Arlene Schafer, James Ferryman, Arthur Perry, Dan Worthington
NOES:
ABSTENTIONS:
ABSENT: Greg Woodside
STATE OF CALIFORNIA)
COUNTY OF ORANGE ) SS
CITY OF COSTA MESA )
Secretary--of t ., Board
I, Joan Revak, Clerk of the Costa Mesa Sanitary District, hereby certify that the
above and foregoing Resolution No. 2003 -676 duly and regularly passed and adopted by
Id Board of Directors at a regular meeting thereof held on the _Z�LL day of
w 2003.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
Costa Mesa Sanitary District, this �& day of JL y,,.(w 2003.
Clerk of t64'-,Costa Mesa Sanitary District