Resolution No. 404525
RESOLUTION NO. 4045
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS,
CALIFORNIA, AUTHORIZING THE TREASURER TO INVEST MONIES WITH THE
COUNTY OF ORANGE'S TREASURER
WHEREAS, Section 53684 was added to the California
Government Code allowing local agencies to deposit excess funds
into the Orange County Treasury for purposes of investment by the
Orange County Treasurer; and
WHEREAS, the City Council does hereby find that the deposit
and withdrawal of money with the Orange County Treasurer in
accordance with the provisions of investment as stated therein
are in the best interests of the City of Cypress;
NOT, THEREFORE, BE IT RESOLVED that the Cypress City Council
does hereby authorize the deposit and withdrawal of City of
Cypress monies with the County Treasury in the County of Orange
in accordance with the provisions of Section 53684 of the
Government Code for the purpose of investment as stated therein.
BE IT FURTHER RESOLVED that the following City of Cypress
officers or their successors in office shall be authorized to
order the deposit or withdrawal of monies in the County Treasury.
Name and Title of Authorized Officers
Richard M. Storey, Finance Director
June A. Lambert, City Treasurer
Signatures
PASSED AND ADOPTED by the City Council of the City of Cypress
at a regular meeting held on this 10th day of February
1992.
Mayor of the City of Cypress
Attest:
City Clerk f e it Y Cypress
of C
STATE OF CALIFORNIA ) SS
COUNTY OF ORANGE
I, DARRELL ESSEX, City Clerk of the City of Cypress, DO
HEREBY CERTIFY that the foregoing Resolution was duly adopted at
a regular meeting of the said City Council held on the 10th
day of February 1992, by the following roll call vote:
AYES: 5
NOES: 0
ABSENT: 0
COUNCIL MEMBERS: Age, Bowman, Kerry, Nicholson
and Partin
COUNCIL MEMBERS: None
COUNCIL MEMBERS: None
/7/71,,
Cit Clerk of the
y of Cypress