HomeMy WebLinkAboutMINUTES - 04032012 - C.67RECOMMENDATION(S):
ADOPT Resolution No. 2012/129, to supersede Resolution No. 2009/25 authorizing Russell
Watts in the capacity of Treasurer-Tax Collector, Brice Bins in the capacity of Chief Deputy
Treasurer-Tax Collector and Belinda Zhu in the capacity of Assistant Treasurer to deposit
and withdraw money in the Local Agency Investment Fund (LAIF), as recommended by the
Treasurer-Tax Collector.
FISCAL IMPACT:
None.
BACKGROUND:
Local governmental agencies may participate in LAIF by filing a resolution adopted by the
agency’s governing board with the State Treasurer’s Office.
In 2009, the Contra Costa County Board of Supervisors adopted Resolution No. 2009/25
authorizing and acknowledging a change in authorized persons to deposit or withdraw
monies in LAIF.
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On: 04/03/2012 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:John Gioia, District I
Supervisor
Mary N. Piepho, District III
Supervisor
Karen Mitchoff, District IV
Supervisor
Federal D. Glover, District V
Supervisor
ABSENT:Gayle B. Uilkema, District II
Supervisor
Contact: Brice Bins,
925-957-2848
I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the
Board of Supervisors on the date shown.
ATTESTED: April 3, 2012
David Twa, County Administrator and Clerk of the Board of Supervisors
By: June McHuen, Deputy
cc:
C.67
To:Board of Supervisors
From:Russell Watts, Treasurer-Tax Collector
Date:April 3, 2012
Contra
Costa
County
Subject:Local Agency Investment Fund (LAIF) Resolution
Resolution 2012/129 shall further update officers authorized to deposit or withdraw monies
in LAIF as applicable.
CONSEQUENCE OF NEGATIVE ACTION:
None. Resolution No. 2009/25 is valid and provides that the officers or their successors in
office shall be authorized to order the deposit or withdrawal of monies in the LAIF.
However, Resolution 2012/129 supersedes Resolution No. 2009/25 updating the names of
current officers authorized.
CHILDREN'S IMPACT STATEMENT:
Not applicable.
ATTACHMENTS
Resolution No. 2012/129