HomeMy WebLinkAboutRES 2022-003I
RESOLUTION NO. 2022 - 03
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
DESERT, CALIFORNIA, AUTHORIZING THE INVESTMENT OF MONIES IN
THE RIVERSIDE COUNTY TREASURER'S POOLED INVESTMENT
FUND
WHEREAS, pursuant to California Government Code Sections 27000.1 and
27000.1 (b), the Riverside County Treasurer is authorized to invest or reinvest the
monies of local agencies in the county treasury, and to hold such monies in trust;
WHEREAS, the City Council does hereby find that the deposit and withdrawal
of monies in the Riverside County Treasurer's Pooled Investment Fund for the
purpose of investment, is in the best interests of the City of Palm Desert.
NOW THEREFORE, BE IT RESOLVED, that the City Council does hereby
authorize the deposit and withdrawal of monies in the Riverside County Treasurer's
Pooled Investment Fund for the purpose of investment, and verification by the
RiversideCounty Treasurer's Office of all banking information provided in that regard.
' BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF PALM
DESERT, CALIFORNIA, that the following City of Palm Desert officers or their
successors in office shall be authorized to order the deposit or withdrawal of monies in
the Riverside County Treasurer's Pooled Investment Fund:
Janet M. Moore
Director of Finance
&City Treasurer
v
Veronica Chavez
Finance Manager
) 1-il�iPamph
Jose Luis Espinoza
Deputy Director of
Finance
i
i
v
Kalaina Perez
Management Analyst
Anthony Hernandez
Accounting Manager
RESOLUTION NO. 2022-03
PASSED, APPROVED, AND ADOPTED, by the City Council of the City
of Palm Desert, County of Riverside, State of California, at its regular meeting
held on this 27fh day of January. 2022, by the following vote, to wit:
AYES: JONATHAN, KELLY, NESTANDE, QUINTANILLA, AND HARNIK
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
JaN C. HARNIK, MAYOR
ATTEST:
NIAMH M. ORTEGA, OE UTY CITY CLERK
CITY OF PALM DESERT' CALIFORNIA
APPROVED AS TO FORM:
ROB T,Vt! HAR " CITY ATTORNEY
BEST, \ST & KR_ GER, LLP