SUBJECT: Authorization of Signing Authority for City Bank Accounts and Local Agency Investment Fund REPORT IN BRIEF Consider granting the City’s Officers signing authority for City bank accounts and Local Agency Investment Fund. RECOMMENDATION City Council/Public Financing and Economic Development Authority/Parking Authority - Adopt a motion: A. Adopting Resolution 2022-05, a Resolution of the City Council of the City of Merced, California, authorizing signature of City checks; and, B. Adopting Resolution 2022-06, a Resolution of the City Council of the City of Merced, California, authorizing investment of City of Merced monies in Local Agency Investment Fund; and, C. Adopting Resolution PFA 2022-01, a Resolution of the City of Merced Public Financing and Economic Development Authority authorizing signature of Authority checks; and, D. Adopting Resolution PFA 2022-02, a Resolution of the City of Merced Public Financing and Economic Development Authority authorizing investment of City of Merced monies in Local Agency Investment Fund; and, E. Adopting Resolution PA 2022-01, a Resolution of the Parking Authority of the City of Merced, California, authorizing signature of Parking Authority checks; and, F. Adopting Resolution PA 2022-02, a Resolution of the Parking Authority of the City of Merced, California authorizing investment of City of Merced monies in Local Agency Investment Fund.

Consent Item Passed Introduced January 7, 2022

Committee: City Council/Public Finance and Economic Development Authority/Parking Authority
Introduced: January 7, 2022
On agenda: February 7, 2022
Passed: February 7, 2022