HomeMy WebLinkAboutRDA RES 583RESOLUTION NO. 583
A RESOLUTION OF THE BOARD OF THE PALM DESERT
REDEVELOPMENT AGENCY 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 Board 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 Palm Desert Redevelopment Agency.
NOW THEREFORE, BE IT RESOLVED, that the Board 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 County
Treasurer's Office of all banking information provided in that regard.
BE IT FURTHER RESOLVED BY THE BOARD OF THE PALM DESERT
REDEVELOPMENT AGENCY OF PALM DESERT, CALIFORNIA, that the following
City 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:
Paul S. Gibson Jose Luis Espinoza Thomas W. Jeffrey
City Treasurer Assista F'na ce Director Deputy City Treasurer
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RESOLUTION NO. 583
PASSED, APPROVED, AND ADOPTED, by the Board of the Palm Desert
Redevelopment Agency of the City of Palm Desert, Riverside County, California, at its
regular meeting held on this 10th day of March, 2011, by the following vote, to wit:
AYES: FINERTY, HARNIK, KROONEN, SPIEGEL, and BENSON
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
ATTEST:
R CH LLE D. KLASSE , CITY CLER
CITY OF PALM DESERT, CALIFORNIA
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