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2012-003 - Local Agency Investment Fund for the Purpose of Investment of the Former Agency Funds
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2012-003 - Local Agency Investment Fund for the Purpose of Investment of the Former Agency Funds
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Last modified
4/9/2015 9:31:51 AM
Creation date
2/27/2012 10:18:52 AM
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City Clerk
Doc Type
Resolution
Agency
Clerk of the Council
Doc #
2012-003
Date
1/31/2012
Destruction Year
P
Document Relationships
2012-002 - The Successor Housing Agency Pursuant to Health and Safety Code Section 34176
(Amends)
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\Resolutions\CITY COUNCIL\2011 -\2012
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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 Resolution. <br />ADOPTED this 30t" day of January, 2012. <br />Miguel A. ulido <br />Mayor <br />APPROVED AS TO FORM: <br />Joseph Straka <br />Interim City Attorney <br />By: i c- ?P . <br />Lisa E. Storck <br />Assistant City Attorney <br />Resolution No. 2012-003 <br />Page 2 of 3
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