HomeMy WebLinkAbout2007 CC RESO 2007-203 CDCRESOLUTION NO. 2007 — 203
RESOLUTION OF THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF NATIONAL CITY (CDC)
AMENDING THE CDC INVESTMENT POLICY TO PERMIT THE CDC
TO PARTICIPATE IN THE CERTIFICATE OF DEPOSIT ACCOUNT
REGISTRY SERVICE (CDARS) INVESTMENT PROGRAM
BE IT RESOLVED by the Community Development Commission of the City of
National City (CDC) that the CDC's Investment Policy, dated August 21, 2007, is hereby
approved as recommended by the Finance Director, in order to permit the CDC to participate in
the Certificate of Deposit Account Registry Service (CDARS) Investment Program.
PASSED and ADOPTED this 21st of August, 2
on Morrison, Chairman
ATTEST:
Brad ' . ecretary
APPROVED AS TO FORM:
George H. Eiser, III
Legal Counsel
Passed and adopted by the Community Development Commission of the City of
National City, California, on August 21, 2007, by the following vote, to -wit:
Ayes: Commissioners Morrison, Natividad, Parra, Ungab.
Nays: None.
Absent: Commissioner Zarate.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Chairman, Community Development Commission
Secreta
evelopment Commission
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2007-203 of the Community Development Commission of the City
of National City, Califomia, passed and adopted on August 21, 2007.
Secretary, Community Development Commission
By:
Deputy