RES-7824 Authorizing the City to Invest Monies with Treasurer of the County of OrangeRESOLUTION NO. 7824
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ORANGE AUTHORIZING THE CITY TO
INVEST MONIES WITH THE TREASURER OF THE
COUNTY OF ORANGE.
WHEREAS, pursuant to Section 53684 which was added to the
California Government Code allowing local agencies to deposit
excess funds into the County Treasury for purposes of investment
by the Orange County Treasurer; and
WHEREAS, the City Council does hereby find that the depositandwithdrawalofmonieswiththeCountyTreasurerinaccordancewiththeprovisionofinvestmentasstatedthereinareinthebestinterestsoftheCityofOrange.
NOW, THEREFORE, BE IT RESOLVED that the Orange City CouncildoesherebyauthorizethedepositandwithdrawalofCityof
Orange monies with the County Treasury in the County of Orange in
accordance with the provisions of Section 53684 of the GovernmentCodeforthepurposeofinvestmentasstatedtherein.
BE IT FURTHER RESOLVED that the following city of Orangeofficersortheirsuccessorsinofficeshallbeauthorizedto
order the deposit or withdrawal of monies in the County Treasury.
Name and Title of Authorized Officers
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Ted
L. Schoettger, Director of Finance James
E. Evans, Treasurer Mark
G. Weiss, Fiscal Agent ADOPTED
this 11th day of June 1991 ATTEST:
R~
K""~~CityClerofJ.ty of Orange I
hereby certify that the foregoing Resolution was duly and regularlyadoptedbytheCityCouncilofthecityofOrangeata
regular meeting thereof held on the 11th day of
1991, by the following vote:
June
AYES: COUNCIL MEMBERS: STEINER, BARRERA, MAYOR BEYER, COONTZ, SPURGEON
NOES: COUNCIL MEMBERS: NONE
ABSENT: COUNCIL MEMBERS: NONE
0A"'H./~ tl (2,v~t24?
city Clerk f t~ ~y of Orange
Reso No. 7824 2-dg