HomeMy WebLinkAbout1986/01/15 - Agenda Packet - RDACITY OF
RANCHO CLCMiONGA
REDEVELOPMENT AGENCY
AGENDA
Lions Park Community Center
9161 Base Line Road
Reocbo Cucamonga, California
Jaeeary 15, 1986 - 7.00 e.e.
A. '111 Calls Wright _s Buquat _s Mikels _.
Dahl _s and Ling _.
S. Approval of Minutest None Submitted
1. CONSENT CATJZDAK
The following Consent Caleudar items are ezpected to be
rootiue and "On- eootrowersial. They will be acted upon by
the RDA at wa tiro witbcut discuuioa.
A. Approval to receive and file current Investment I
Schedule as of January Rs 1956.
B. Approval to appoint Administrative Services Director to I
serve to the capacity of Treasurer of the Redevelopment
Agency.
C. Approval to participate in the Local Agency Investment I
Fund (LAID).
RESOLUTION RA 86 -01 6
A RESOLUTION OF THE REDCVCLOPMEBT AGENCY OF
THE CITY OF RAJICHO CUCAMONGA. CALIFORNIA.
AOTHORIEINC IRVESTMCMT OF IDLE MONIES IB
LOCAL AGENCY INVESIMENT FOND
NO ITEMS SUBMITTED
r
NO ITEMS SUBMITTED
RANCHO CUCAMONGA
Redevelopment Agency
� Joe D. Duk.l.
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CwwJ Bu uttn Jdffm Kf g
RrA.rd 31. DW Pund1.J Nrb:ht
DATE: January e, 198C
TO: Chairman and Members of the Redevelopment Agency
FROM: Robert A Rizzo, Assistant City Manager
SUBJECT: Receive and Pilo - Rancho Cucamonga Rodovolopment Agency Investment
Schedule Status Report as of January 8, 19d6
RANCHO CUCAMONGA REDEVELOPMENT AGENCY
INVESTMENT SCHEDULE STATUS REPORT
PURCHASE
MATURITY
INTEREST
INSTITUTION
DATE
DATE
AMOUNT
RATE
Great Western Savings
09/03/85
03/03/86
500,000 00
0.08200
California Faelral Savings
09/03/85
03/03/86
200,000 00
0.08050
California Federal Savings
09/03/85
x`3/03/96
200,000.00
0.08050
Great Weetarn Savings
10/11/05
03/10/86
500,000 00
0.08200
Great Western Savings
10/11/85
n3 /10 /eu
100,027 15
0 08200
Great Western Savings
10/31/85
02/28/66
1,000,000 00
0 07950
Foothill Independent Bank
10/31/85
02/28/86
2,000,000.00
0 07375
California Fedora? Savings
10/31/85
02128/86
500,000 n0
0.07950
California Pedecal Savings
11/04/d5
05/05/86
200,000.00
0 08200
Groat Western Savings
11/12/85
05/12/C6
500,000.00
0.08100
Great Western Savings
11/06/85
03/06/66
1,188,291 25
0.08050
Great Western Cavings
12/17/85
06/16/86
1,000,070 00
0.07900
Great Waste= Savings
O1/07/86
02/06/86
100,000 00
0.07800
California Federal Savings
12/31/85
01/29/86
400,000 00
0.078170
As of 01/08/86
Grand Total
8,388,310.40
All invastments are Certificates of D000sit
93911A9ELINEROAD.BUTTEC • POST OFFICE BOX 907 . RA\ CIIOCUCA310NGA.CALIFOB.MIA91730 • 0141989,183t
CITY OF RANCHO CUCAMOPP
REDEVELOPMENT AGENCY
STAFF REPORT
DATE: January 15, 1986
TO: Redevelopment Agency Neubars
FICN: Lauren N. Naaaarmans Executive Director
SUBJECT: REDEVELOPMENT AGENCY TREASURER
It is recommended that the Redevelopment Agency Board o! Directors appoint
the Administrative Services Director to serve in the permanent capacity as
Treasurer of the Redevelopment 09oney, Io the past, this function has been
separate fr,oa the City Treasurer.
LN4 /kep
CITY OF RANCHO CUCAMOr
REDEVELOPMENT AGENC'
STAFF REPORT
D ^te: December 23, 1985
To: Chairman and Membera of the Redevelopment Agency
Froms Robert A Rizzo, Assistant City Managar
By: Elizabeth Stoddard, Assistant Finance Director
Sub3ect: Local Agency Investrent Fund
The Local Agency Investment Fund is a special fund in the State Treasury
created by law witch permits a local Government agency to invest its
idle funds Local State Investment Fund =miss are pooled with State
funds and invested to achieve maximum return consistent with safe and
prudent investment practices
FCCOMMMATION:
It is reco=ended thit the Rancho Cucamonga Rsdevelopment Agency approve
the resolution proviring for participation In the Local Agency Investment
Funi ILAIF)
ES /tl
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RESOLUTION NO J ip O J
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF RANCHO
CUCAMONGA, CALIFORNIA, AUTHORIZING INVESTMENT OF IDLE MONIES
IN LOCAL AGENCY INVESTMENT FUND
WHEREAS, pursuant to Chapter 730 of the StAtutes of 1976 Section
16029 1 was added to the California Government Code to create a Local
Agency Investment Fund in the State Treasury for the deposit of money of
a local agency for purposes of investment by the State Treasurer, and
WHEREAS, the Rancho Cucamonga Redevelopment Agency does hereby find
that the deposit and withdrawal of money in the Local Agency Investment
Fund in accordance with the provisions of Section 16029 1 of the Government
Code for the purpose of investment as stated therein as in the beet interests
Of the Rancho Cucamonga Redevelopment Agency
NOW, THEREFORE, BE IT RESOLVED, that the Rancho Cucamonga Redevelopment
Agency does hereby authorize the deposit and withdrawal of Idle monies in
the Local Agency Investment Fund in the State Treasury in accordance with
the provisions of Section 16429 1 of the Government Code for the purpose
of investment a stated therein
BE IT FURTHER RESOLVED that the following two (2) officers or their
successors in office shall be authorized to order the deposit or with-
drawal of monies in the Local Agency Investmart Fund:
Laurel Wasserman, Executive Director
James Hart, Agency Treasurer
PASSED. APPROVED, and ADOPTED this
AYES,
NOES:
ABSENT,