HomeMy WebLinkAboutCity Council Resolution 08-048RESOLUTION NO. 08 - 048
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
AUTHORIZING LOCAL AGENCY INVESTMENT FUND (LAIF) TO LINK THE
CITY'S LAIF AND THE PAYROLL BANK ACCOUNT AND THE CITY
MANAGER, FINANCE AND ADMINISTRATIVE SERVICES DIRECTOR TO
SIGN THE LAIF REQUISITE FORM
WHEREAS the City Council desires to approve authorization of LAIF' to link the City's
LAIF Investment fund with the Payroll account and the City Manager, Finance and
Administrative Services Director to sign the requisite form
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of
Saratoga hereby resolves to Authorize LAIF to link the City's LAIF Investment Fund and the
Payroll account and the City Manager, Finance and Administrative Services Director to sign the
requisite form
The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga
City Council held on the 2nd day of July, 2008 by the following vote:
AYES: Councilmember Aileen Kao, Jill Hunter, Kathleen King, Vice Mayor Chuck
Page, Mayor Ann Waltonsmith
NOES: None
ABSENT: None
ABSTAIN: None
G~r/ i.~.~/~
Ann Waltonsmith, Mayor
ATTEST:
u ivan, Acting City Clerk