HomeMy WebLinkAboutReso 37-17 LAIF Transaction OfficersRESOLUTION N0.37-17
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF MORRO BAY, CALIFORNIA
TO REAFFIRM INVESTMENT OF MONIES IN THE
LOCAL AGENCY INVESTMENT FUND AND
DESIGNATE TRANSACTION OFFICERS
THE CITY COUNCIL
City of Morro Bay, California
WHEREAS, Resolution No. 79-16, dated December 15, 2016, authorized the City of Morro
Bay to continue investing funds with the State of California's Local Agency Investment Fund (LAIF);
and
WHEREAS, the officers, then authorized to order deposit and withdrawal of monies, and
affect changes to the account, have changed.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro Bay,
Ca{ifornia:
1, Resolution No. 79-16 and any and all resolutions relating to investing funds through LAIF
are rescinded and replaced in their entirety with the passage of this Resolution; and
2. the City will continue investing with LAIF, and designates the following officers to deposit
and withdraw funds, and affect changes to the account:
To be Named
Craig Schmollinger
Sandra Martin
Valerie Webb
City Manager
Finance Directou I reasurer
Bu dget/Accounting Manager
Senior Accounting Technician
PASSED AND ADOPTED by the City Council of the City of Morro Bay at a regular meeting
thereof, held on the 27th day of June y the following vote:
AYES: Irons, Davis, Headding, Makowetski, McPherson
NOES: None
ABSENT: None
ABSTAIN: None
JA AE L. IRONS, Mayor
ATTEST:
aW6��o�
NA SWANSON, City Clerk