Update authorized signers for Local Agency Investment Fund accounts

LAIF SignaturesBudget

In Plain English

The city invests public funds through a state program called the Local Agency Investment Fund. Recent staff changes in the Finance Department left outdated signature cards on these investment accounts. If approved, 8 current Finance Department employees gain authorization to make deposits or withdrawals from the city's investment fund.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Claudia JimenezSeconded by: Soheila Bana
Passed

7 to 0

Soheila BanaAye
Jamelia BrownAye
Claudia JimenezAye
Sue WilsonAye
Cesar ZepedaAye
Doria RobinsonAye
Eduardo MartinezAye