Update authorized signers for state investment fund accounts

Finance DepartmentBudget

Resolution 26-17

In Plain English

The city keeps money in California's Local Agency Investment Fund, which requires specific staff members to be authorized to access the accounts. Finance Department staff assignments have changed since the authorization list was last updated in 2017. If approved, current finance staff can manage the city's investments in this state fund.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Vice Mayor BecklesSeconded by: Councilmember Martinez
Passed

7 to 0

Ben ChoiAye
Gayle McLaughlinAye
Jael MyrickAye
Melvin WillisAye
Eduardo MartinezAye
Jovanka BecklesAye
Tom ButtAye