HomeMy WebLinkAboutSA-RDA 058RESOLUTION NO. SA-RDA oss
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT
AGENCY AUTHORIZING THE INVESTMENT OF MONIES IN THE
RIVERSIDE COUNTY TREASURER'S POOLED INVESTMENT FUND
WHEREAS, pursuant to Califomia 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 of Directors does hereby find that the deposit and
withdrawal of monies in the Riverside County Treasurer's Pooled lnvestment Fund for
the purpose of investment, is in the best interests of the Successor Agency to the Palm
Desert Redevelopment Agency ("Successor Agency").
NOW THEREFORE, BE IT RESOLVED, that the Board of Directors 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 Riverside
County Treasurer's Office of all banking information provided in that regard.
BE IT FURTHER RESOLVED BY THE BOARD OF DIRECTORS OF THE
SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY, that
the following Successor Agency 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
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Thomas J. Metz
Deputy City Treasurer
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Jose Luis Espinoza
Assistant Finance Director
RESOLUTION N0. SA-RDA 058
PASSED, APPROVED, AND ADOPTED, by the Board of Directors of the
Successor Agency to the Palm Desert Redevelopment Agency, in the City of Palm �•
Desert, County of Riverside, State of California, at its regular meeting held on this 26th
day of May, 2016, by the following vote, to wit: �
AYES: HARNIK, JONATHAN, TANNER, WEBER, & SPIEGEL
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
O �. J
ROBERT A. SPIEG L, Y R
ATTEST:
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APPROVED A TO FORM:
B�BEST &�jCR�GER, C PY ATTORNEY
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