1982-01 RESOLUTION NO. CRA-82- 01
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF GRAND TERRACE AUTHORIZING
INVESTMENT OF COMMUNITY REDEVELOPMENT AGENCY
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 in the State Treasury for the deposit of money of a local
agency for purposes of investment by the State Treasurer; and
WHEREAS, the Community Redevelopment Agency of the City of Grand
Terrace does hereby find that the deposit and withdrawal of money in the Local
Agency Investment Fund in accordance with the provisions of Section 16429.1 of
the Government Code for the purposes of investment as stated therein is in the
best interests of the said Community Redevelopment Agency.
NOW, THEREFORE, BE IT RESOLVED that the Community Redevelopment Agency
of the City of Grand Terrace does hereby authorize the deposit and withdrawal
of said Community Redevelopment Agency monies in the Local Agency Investment
Fund in 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 Community Redevelopment
Agency officers shall be authorized to order the deposit or withdrawal of
monies in the Local Agency Investment Fund:
Seth Armstead, Executive Director
Edward R. Clark, Treasurer
Ray Robles, Accountant
ADOPTED this 11th day of February, 1982.
ATTEST:
_ Secrett/��Iry o.f the Grand Terpd,-e airman e—Grar d errace
Commu�rfitytedevelopment Agency Commun y Red lopment Agency
Approved as to Form-
Attorney
t
STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO ) ss.
CITY OF GRAND TERRACE )
I, MYRNA ERWAY, Secretary of the Grand Terrace Community
Redevelopment Agency, DO HEREBY CERTIFY that the foregoing Resolution
was duly adopted by the Grand Terrace Community Redevelopment Agency
at a regular meeting held on the 11th day of February, 1982, and that
it was so adopted by the following vote:
AYES: Members Grant , Petta, Nix, and Ri le
9 Y;
Chairman Tillinghast.
NOES: None.
ABSENT: None.
Secretary/of the Grand Terrac
Community Redevelopment Agenc -'-- =
STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO ) ss.
CITY OF GRAND TERRACE )
I, MYRNA ERWAY, Secretary Grand Terrace Community
Redevelopment Agency, DO HEREBY CERTIFY that the above and foregoing
is a full , true, and correct copy of Resolution No. CRA 82-01 of said
Agency, and that the same has not been amended or repealed.
DATED: February 11 , 1982.
Secreta'o of the Grand_-.Ter_r
Community Redevelopment. Age Vyv ^ =