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HomeMy WebLinkAboutResolutions - No. LPIC1991-02RESOLUTION NO. 91-2 A RESOLUTION OF THE LODI PUBLIC IMPROVEMENT CORPORATION TO AUTHORIZE INVESTMENT OF MONIES IN LOCAL AGENCY INVESTMENT FUND WHEREAS, Pursuant to Chapter 730 of the statutes of 1976 Section 16429.1 was added to the California Government Code to create a Local Agency Investment Fund (LAIF) in the State Treasury for the deposit of money of a local agency for purposes of investment by the State Treasurer; and WHEREAS, the Board of Directors does hereby find that the deposit and withdrawal of money in LAIF in accordance with the provisions of Section 16429.1 of the Government Code for the purpose of investment as stated therein as in the best interest of the Lodi Public Improvement Corporation (LPIC). NOW THEREFORE, BE IT RESOLVED, that the Board of Directors does hereby authorize the deposit and withdrawal of monies in LAIF of the State Treasury in accordance with the provisions of Section 16429.1 of the Government Code for the purpose of investment as stated therein. BE IT FURTHER RESOLVED, that the following LPIC officers and staff or their successors in office shall be authorized to order the deposit or withdrawal of monies in LAIF: David M. Hinchman, President James W. Pinkerton, Jr., Vice President H. D. Flynn, Treasurer Alice M. Reimche, Secretary Diana White -Messing, Deputy Treasurer Marcella Cadwallader, Revenue/Collections Technician Dated: September 4, 1991 I hereby certify that Resolution No. 91-2 was passed and adopted by the Board of Directors of the LPIC in a regular meeting held September 4, 1991 by the following vote: Ayes: Authorizing Members - Pennino, Pinkerton, Sieglock, Snider and Hinchman (President) Noes: Authorizing Members - None Absent: Authorizing Members - None dbeli Alice M. Reimche Secretary 91-2 R LAIF/TXTA.02J LOCAL AGENCY INVESTMENT ND AUTHORIZATION FOR TRANSFER OF FUNDS ACCOUNT NUMBER CORRESPONDENT BANK Bank of America 01074-80200 Bank of America Farmers & Merchants Bank 00-10001-3-01 Bank,of America PLEASE MAIL COMPLETED CARD TO: STATE TREASURER'S OFFICE LOCAL AGENCY INVESTMENT FUND P.O. BOX 942809 SACRAMENTO, CA 94209-0001 4) Authorized Signature (OVER FOR AUTHORIZED PERSONS) c DATE 09/04/91 NAME LOCAL AGENCY INVESTMENT FUND AUTHORIZATION FOR TRANSFER OF FUNDS AUTHORIZED PERSONS TITLE AGENCY NAME Lodi Public Improvement Corporation SIGNATURE David,.M. Hinchrnan ,_,- President James W_1•pinkertgn, Jr. Vice President H. D. Flynn Treasurer Alice M. Reimche Secretary Diana White -Messing Deputy Treasurer -N(,t, -- Mote ' Marcella Cadwallader Revenue/Collections Technician (OVER FOR BANKING INFORMATION)