Laserfiche WebLink
RESOLUTION NO. 47-24 <br />A RESOLUTION OF THE CITY COUNCIL <br />OF THE TOWN OF LOS ALTOS HILLS AMENDING RESOLUTION 1179 AUTHORIZING <br />DEPOSIT AND WITHDRAWAL FROM THE LOCAL AGENCY INVESTMENT FUND IN THE <br />STATE TREASURY <br />WHEREAS, Pursuant to Chapter 730 of the statutes of 1976 Section 16429.1 was added to the California <br />Government Code to create a Local Agency Investment Fund in the State Treasury for the deposit of <br />money of a local agency for purposes of investment by the State Treasurer; and <br />WHEREAS, the Town of Los Altos Hills does hereby find that the deposit and withdrawal of money in <br />the Local Agency Investment Fund in accordance with the provisions of Section 16429.1 of the <br />Government Code for the purpose of investment as stated therein is in the best interest of the Town of Los <br />Altos Hills. <br />NOW, THEREFORE, BE IT RESOLVED that the Town of Los Altos Hills, City Manager, Finance <br />Director, Finance Manager, Senior Accountant, and Accountant shall be authorized to order the deposit or <br />withdrawal of monies in the Local Agency Investment Fund; they may delegate some of the duties to <br />other staff in their department: <br />The above and foregoing Resolution was passed and adopted by the City Council of the Town of Los <br />Altos Hills at a regular meeting held on the 19th day of September 2024 by the following vote: <br />AYES: Mok, Schmidt, Tankha, Tyson, Swan <br />NOES: none <br />ABSENT: none <br />ABSTAIN: none <br />C. <br />ATTEST: <br />ka Birdsong -Miller, C,4 Clerk <br />RESOLUTION 47-24 <br />