I. RECOMMENDATION:
Financial Services Director recommend Council adopt Resolution No. 4025 authorizing investment of monies in the Local Agency Investment Fund.
II. BACKGROUND:
There are currently staff members and council members authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund.
III. DISCUSSION:
Due to the recent change in elected official, it is necessary to make changes to the Resolution naming the employees authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund.
Additions:
Ron Ramsey as Mayor
Ray Singleton as Mayor Pro Tempore
IV. ALTERNATIVES:
None
V. FISCAL IMPACT:
None |