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RESOLUTION NO. 8492 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS AUTHORIZING INVESTMENT OF CITY MONIES IN THE LOCAL AGENCY INVESTMENT FUND AND RESCINDING RESOLUTION NO. 8278 WHEREAS, the Local Agency Investment Fund is established in the State Treasury under Government Code section 16429.1 et seq. for the deposit of money of a local agency for purposes of investment by the State Treasurer; and WHEREAS, the City Council of the City of Redlands finds that the deposit and withdrawal of money in the Local Agency Investment Fund in accordance with Government Code section 16429.1 et seq. for the purpose of investment as provided therein is in the best interests of the City; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Redlands hereby as follows: Section 1. The City Council hereby authorizes the deposit and withdrawal of City monies in the Local Agency Investment Fund in the State Treasury, in accordance with Government Code section 16429.1 et seq. for the purpose of investment as provided therein. Section 2. The following City of Redlands officers holding the title(s) specified herein below or their successors in office are each hereby authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund and may execute and deliver any and all documents necessary or advisable in order to effectuate the purposes of this resolution and the transactions contemplated hereby: Phillip Doolittle, City Treasurer Danielle Garcia, Management Services/Finance Director James Garland, Assistant Finance Director Aimee Hoover, Revenue Supervisor Cam` .vnz�Ycr�w(L Signature Section 3. This resolution shall remain in full force and effect until rescinded by City Council by resolution and a copy of the resolution rescinding this resolution is filed with the State Treasurer's Office. Section 4. That Resolution No. 8278 is hereby rescinded. 1 I:\Resolutions\Res 8400-8499\8492 LAIFAuthorized Signatures_2023.docx jm