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ARA1985-004RESOLUTION NO. ARA85 -4 A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY AUTHORIZING THE CITY TREASURER OF THE CITY OF ANAHEIM TO REMIT FUNDS OF THE ANAHEIM REDEVELOPMENT AGENCY TO THE STATE TREASURER FOR DEPOSIT IN THE LOCAL AGENCY INVESTMENT FUND FOR THE PURPOSE OF INVESTMENT BY THE AGENCY. WHEREAS, Section 16429.1 of the Government Code of the State of California created a Local Agency Investment Fund in the State Treasury for the deposit of money with the State Treasurer by local agencies in the State of California for purposes of investment; and WHEREAS, said Section 16429.1 of the Government Code provides for the investment of money in the Local Agency Investment Fund by the State Treasurer and the establishment of the local Investment Advisory Board and prescribes various duties for the Board; and WHEREAS, the Anaheim Redevelopment Agency desires to authorize the City Treasurer of the City of Anaheim to remit money to the State Treasurer for the purpose of depositing Funds in the Local Agency Investment Fund for the purpose of investment. NOW, THEREFORE, BE IT RESOLVED, that the Anaheim Redevelopment Agency hereby authorizes the establishment of an investment account by the State Controller and the remittance of money to the State Treasurer for deposit in the Local Agency Investment Fund. The title of said investment account and all correspondence to the Anaheim Redevelopment Agency concerning the same shall be directed as follows: Anaheim Redevelopment Agency c/o City of Anaheim 200 So. Anaheim Blvd. Anaheim, CA 92805 Attention: Mary E. Turner City Treasurer BE IT FURTHER RESOLVED that the Anaheim Redevelopment Agency agrees to deposit or withdraw money 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 Agency authorizes the following Anaheim to order the deposit or Agency Investment Fund: that the Anaheim Redevelopment named officials of the City of withdrawal of money in the Local Mary E. Turner, City Treasurer Oletha Meadows, Deputy City Treasurer BE IT FURTHER RESOLVED that adoption of this resolution by the Anaheim Redevelopment Agency shall be deemed the consent required by Section 16429.1 of the Government Code for the deposit of money in the Local Agency Investment Fund for the account of the Anaheim Redevelopment Agency. THE FOREGOING RESOLUTION is approved and adopted this 12th day of February , 1985. CHAIRMAN ANAHEIM REDEVELOPMENT AGENCY ATTEST: SECRETARY ANAHEIM REDEVELOPMENT AGENCY JLW /pm 2377U STATE Of CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ANAHEIM ) I, LEONORA N. SOHL, Secretary of the Anaheim Redevelopment Agency, do hereby certify that the foregoing Resolution No. ARA85 -4 was passed and adopted at a regular meeting of the Anaheim Redevelopment Agency held on the 12th day of February, 1985, by the following vote of the members thereof: AYES: AGENCY MEMBERS: Bay, Pickler, Overholt and Roth NOES: AGENCY MEMBERS: None ABSENT: AGENCY MEMBERS: Kaywood AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency signed said Resolution on the 12th day of February, 1985. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 12th day of February, 1985. SECRETARY OF THE ANAHEIM REDEVELOPMENT NCY (SEAL) -6