CC - 2019-18 - Designating the City Manager, Assistant City Manager, and Director of Finance as Officers of the City RESOLUTION NO. 2019-18
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD,
CALIFORNIA,DESIGNATING THE CITY MANAGER,ASSISTANT CITY
MANAGER,AND THE DIRECTOR OF FINANCE AS OFFICERS OF THE
CITY
WHEREAS,Pursuant to Chapter 730 of the statues of 1976 Section 16429.1 was added to
the California Government Code to create a Local Agency Investment Fund for the deposit of money
of local agencies for the purpose of investment by the State of Treasurer; and
WHEREAS,The City Council 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 purpose of investment as stated therein is in the best interest of the City of
Rosemead; and
NOW THEREFORE THE CITY COUNCIL OF THE CITY OF ROSEMEAD
HEREBY RESOLVES AS FOLLOWS:
That the City Council does hereby authorized the deposit and withdrawal of City of Rosemead
monies in the Local Agency Investment Fund in accordance with the provisions of Section 16429.1
of the Government Code for the purpose of investment as stated therein,and verification by the State
Treasurer's Office of all banking information provided in that regard.
BE IT FURTHER RESOLVED, that the following City of Rosemead officers or their
successors in office shall be authorized to order deposit or withdrawal of monies in Local Agency
Investment Fund:
Gloria Molleda Greg Tsujiuchi
(Name) (Name)
City Manager Assistant City Manager
(Title) (Title)
A 4 , •
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(Signature) (Signature)
Pearl Lieu
(Name)
Director of Finance
(Title)
(Signature)
PASSED,APPROVED, AND ADOPTED this 23th day of April, 2019.
Marg Clark, Mayor
APPROVED AS TO FORM: ATTEST:
r'
Rachel Richman, City Attorney Ericka 'ernandez, City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) §
CITY OF ROSEMEAD )
I,Ericka Hernandez,City Clerk of the City Council of the City of Rosemead,California,do hereby
certify that the foregoing City Council Resolution, No. 2019-18, was duly adopted by the City
Council of the City of Rosemead, California, at a regular meeting thereof held on the 23rd day of
April, 2019, by the following vote, to wit:
AYES: ARMENTA, CLARK, DANG, LOW, LY
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
Ericka Hernandez, City Clerk