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55A - RESOLUTION - LOCAL AGENCY INVESTMENT FUND
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01/30/2012
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55A - RESOLUTION - LOCAL AGENCY INVESTMENT FUND
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1/26/2012 4:55:23 PM
Creation date
1/26/2012 4:54:12 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
55A
Date
1/30/2012
Destruction Year
2017
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1-26-12 LES <br />Section 2. The City of Santa Ana has elected to act as the Successor Agency for the <br />former Agency. <br />Section 3. The City of Santa Ana assumes the account of the former Redevelopment <br />Agency. <br />Section 4. The title of said investment account and all correspondence pertaining to <br />such account shall be sent to the City of Santa Ana, as Successor Agency for the dissolved <br />Community Redevelopment Agency of the City of Santa Ana, and directed as follows: <br />City of Santa Ana <br />20 Civic Center Plaza, M-13 <br />Santa Ana, CA 92702 <br />Attn: Treasurer <br />Section 5. The City of Santa Ana agrees to deposit or withdraw money in the State <br />Treasurer's Investment Pool in accordance with the provisions of Section 16429.1 et seq of the <br />Government Code for the purpose of investment as stated therein. <br />Section 6. The City of Santa Ana, as the Successor Agency for the Community <br />Redevelopment Agency, authorizes the Treasurer or her/his designee to order the deposit or <br />withdrawal of money in the State Treasurers' Investment Pool. <br />Section 7. Adoption of this Resolution by the City of Santa Ana shall be deemed the <br />consent required by Section 16429.1 of the Government Code for the deposit of money in the <br />Local Agency Investment Fund for the account of the former Community Redevelopment <br />Agency of the City of Santa Ana. <br />Section 8. This Resolution shall take effect immediately upon its adoption by the City <br />Council, and the Clerk of the Council shall attest to and certify the vote adopting this <br />Resolution. <br />ADOPTED this 30th day of January, 2012. <br />Miguel A. Pulido <br />Mayor <br />APPROVED AS TO FORM: <br />Joseph Straka <br />Interim City Attorney <br />By: <br />Lisa E. Storck <br />Assistant City Attorney <br />55A-4
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