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6 <br /> <br /> 7 <br /> <br /> 8 <br /> <br /> 9 <br /> <br />10 <br /> <br />11 <br /> <br />12 <br /> <br />13 <br /> <br />14 <br /> <br />15 <br /> <br />16 <br /> <br />17 <br /> <br />18 <br /> <br />19 <br /> <br />20 <br /> <br />21 <br /> <br />22 <br /> <br />23 <br /> <br />24 <br /> <br />25 <br /> <br />26 <br /> <br />27 <br /> <br />RESOLUTION NO. 720 <br /> <br />Agency Address: <br />City Of Riverside <br />3900 Main Street <br />Riverside, California 92522 <br /> <br />Agency Phone Number: <br />909-826-5454 <br /> <br />A RESOLUTION OF THE REDEVELOPMENT AGENCY FOR THE CITY OF <br />RIVERSIDE, CALIFORNIA, AUTHORITING INVESTMENT OF CITY MONIES IN <br />THE LOCAL AGENCY INVESTMENT FUND <br /> <br /> WHEREAS, pursuant to Chapter 730 of the statutes of 1976, Section 16429.1 was added to <br />the California Government Code to create a Local Agency Investment Fund in the State Treasury <br />for the deposit of money of a local agency for the purposes of investment by the State Treasurer; <br />and <br /> <br /> WHEREAS, the Redevelopment Agency for the City of Riverside does hereby find that the <br />deposit and withdrawal of money in the Local Agency Investment Fund in accordance with the <br />provisions of Section 16429.1 of the Government Code for the purpose of investment as stated <br />therein as in the best interests of the Redevelopment Agency for the City of Riverside. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency for the City of <br />Riverside, California, as follows: <br /> <br /> Section 1: That it does hereby authorize the deposit and withdrawal of the Redevelopment <br />Agency for the City of Riverside monies in the Local Agency Investment Fund in the State <br />Treasury in accordance with the provisions of Section 16429.1 of the Government Code for the <br />purpose of investment as stated therein, and verification by the State Treasurer's Office of all <br />banking information provided in that regard. <br /> <br /> Section 2: That the following City of Riverside officers, or their successors in office, shall <br />be authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund: <br />/// <br />/// <br />/// <br /> <br />City Attorney's Office <br />3900 Main Street <br />Riverside, CA 92522 <br />(909) 826-5567 <br /> <br /> <br />