HomeMy WebLinkAboutRESOLUTIONS - 01011981 - 1981-1177 �TN THE BOARD OF SUPERVTSORS
0E
CONTRA COSTA COUNTY, STATE OF CALTFORNTA
Tn the Matter of
Request fror Central
Contra Costa Transit DcnLUTTON O. 81/1177
Authority to arend the
Joint Exercise of Powers
Agreement Concerninp,
Investments
WHE"REAS * the County of Contra Costa is a member of the
Central Contra Costa Transit Authorit,7 (CCCTA) Joint Exercise of
PoY�,ers Agree-Trent (JPA) ; and,
T
,,THEREAS, Paragraph 5a(0.) of the CCCTA JPA authorizes the
CCCTA to invest rionies not needed for it ediate necessities in the
County Treasury; and,
IMIEREAS, the CCCTA Board of Directors has renuested an
arendrent to "Paragraph 5a(9) of the JPA to permit investrent of
excess ronfes in the State of California Local Agency Tnvestment Fund
(LATF) .
NOVI, THEPEFORE, BE TT RESOLVED by the Board of
SI Paragraph
of Contra Costa County that an amendrent to Paragrp ph
5a(9) of the Central Contra Costa Transit Authority Joint Exercise of
Powers Agreement as set forth in the attached Exhibit "A" is hereby
C, I
approved.
PASSED BY THE BOAMon October 6 , 1981, by the following
vote :
AYES : Sunervisors Fanden, Schroder, McPeal-,-, Torlakson,
Power s
NOES : None.
ABSENT: None .
CC , Benner, Harris & Evans
Central Contra Costa
Transit Authority (via P.W. )
Public TIorks
County Counsel
County Auditor-Controller ICIERTIFIED COPY
County Administrator
'sz 1110
0�14Z':f!Ul cloonrnnt v)hi7 ' Is c'n fl"'
W
Cw"r'' Costa C--"'--.V
i '
lSj'�It. R
uq' Clerk,
RESOLUTION NO. 81/1177
i
r
EXHIBIT "A"
Paragraph 5a{9}
"(9) Invest monies not needed for immediate necessities;
provided that, such investments shall be on the same terms and
conditions as other local entltes Investments, in accordance with
Government Code section .536131;"