0979RESOLUTION NO. 979
RESOLUTION AUTHORIZING INVESTMENT OF ROLLING HILLS MONIES
IN TREASURY DIRECT, DEPARTMENT OF TREASURY, UNITED STATES
WHEREAS, the City Council does hereby authorize the purchase, sale and reinvestment
of securities in the Rolling Hills Direct Account in the Department of the Treasury, United
States.
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby authorize the
Mayor and the City Manager to perform any transactions for the City's Treasury Direct
Account, (including, but not limited to, change of payment information; transfer or sale of
securities; purchase or reinvestments)
BE IT FURTHER RESOLVED that the authorized individuals may appoint one or more
substitutes.
PASSED AND ADOPTED by the City Council of the City of Rolling Hills, State of
California on May 23, 2005.
APPROVED AND ADOPTED THIS 23`d DAY OF MAY 200-5.
R P r LL, MAYOR -
ATTEST:
. I,/-.
MARILYN L. K RN, DEPUTY CITY CLERK
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) §§
CITY OF ROLLING HILLS )
I certify that the foregoing Resolution No. 979 entitled:
RESOLUTION AUTHORIZING INVESTMENT OF ROLLING HILLS MONIES
IN TREASURY DIRECT, DEPARTMENT OF TREASURY, UNITED STATES
was approved and adopted at a regular meeting of the City Council on May 23, 2005 by
the following roll call vote:
AYES: Councilmembers Black, Hill, Heinsheimer and Mayor Pernell.
NOES: None.
ABSENT: Mayor Pro Tem Lay.
ABSTAIN: None.
and in compliance with the laws of California was posted at the following:
Administrative Offices
DEPUTY CITY LUA
Resolution No. 979 -1-