GIDA Resolution 85-1RESOLUTION NO. 85 - 1
RESOLUTION OF THE BOARD OF DIRECTORS OF THE GILROY INDUSTRIAL DEVELOP-
KENT AUTHORITY AUTHORIZING PARTICIPATION IN THE LOCAL AGENSY INVEST-
~NT FUND.
BE IT RESOLVED by the Board of Directors of the Gilroy In-
dustrial Development Authority that:
A. The name and address of this agency is: Gilroy Industrial
Development Authority, 7351 Rosanna Street, Gi!roy, CA 95020.
B. The Gilroy Industrial Development Authority agrees to
deposit or withdraw money in the Local Agency Investment Fund in the
State Treasury in accordance with the provisions of Section 16429.1
of the California Government Code for the purpose of investment as
stated therein.
C. The names and titles of the City officials authorized to
order the deposit or withdrawal of money in the Local Agency Invest-
ment Fund are: Jay Baksa, City Administrator; Susanne E. Steinmetz,
City Clerk and Cecil A. Reinsch, Director of Finance/City Treasurer,
of the City of Gilroy.
D. A certified copy of this Resolution be filed with the
California State Treasurer as authority for participation in the
Gi!roy Industrial Development Authority in the Local Agency Invest-
ment Fund.
PASSED AND ADOPTED this 4th day of November, 1985 by the
following vote:
AYES:
NOES:
ABSENT:
DIRECTORS:GAGE,.i~RLOECKER, ~SSALLEM, PATE, VALDEZ
and HUGHAN.
.DIRECTORS None
~-DiRECTORS ALBERT.
APPROVED:
RESOLUTION NO. 85 - 1
I HEREBY CERTIFY the foregoing resolution was introduced
at a meeting of the Industrial Development Authority of the City
of Gilroy held on
November 4, 1985
, by Director Kloecker
who moved its adoption and passage, which motion was'carried after
being duly seconded,, and passed.~~~,.
/ Secretary