MINUTES OF THE CITY OF SAN JOSÉ

JOINT CITY COUNCIL/REDEVELOPMENT AGENCY BOARD/FINANCING AUTHORITY

 

SAN JOSE, CALIFORNIA                                                  TUESDAY, NOVEMBER 25, 2003

 

The Council of the City of San José convened in Joint Session with the Redevelopment Agency Board and the San José Financing Authority at 4:20 p.m. in City Council Chambers at City Hall.

 

            Present: Council Members:       Campos, Chavez, Chirco, Cortese, Dando, Gregory, LeZotte, Reed, Williams, Yeager.

 

            Absent: Council Members:        Gonzales.

 

2          Adoption of a resolution of the City of San José Financing Authority (the "Authority") Board authorizing the City of San José (the "City") Director of Finance, in his capacity as the Authority Treasurer, and other authorized officers of the City, who routinely conduct debt management activity on behalf of the Authority, to order the deposits or withdrawals of monies in the Local Agency Investment Fund on behalf of the Authority.  CEQA:  Not a Project.  (Finance)

 

            Documents Filed: Memorandum from Finance Director Scott Johnson, dated November 3, 2003, recommending the adoption of said resolution.

 

            Discussion/Action: Upon motion by Vice Mayor Dando, seconded by Council Member Chavez, and unanimously carried, Resolution No. SJFA-62, entitled: “A Resolution of the City of San José Financing Authority Authorizing Officers of the City of San José Financing Authority and the City of San José to Invest Monies in the Local Agency Investment Fund on Behalf of the City of San José Financing Authorityf”, was adopted. Vote: 10-0-1-0. Absent: Gonzales.

 

ADJOURNMENT

 

The Joint City Council, Redevelopment Agency Board and the San José Financing Authority Board adjourned at 4:21 p.m.

 

 

 

PAT DANDO, MAYOR PRO TEMPORE

 

 

ATTEST:

 

 

DEANNA J. SANTANA, CITY CLERK

 

EW/11-25-03