Santa Monica

City Council

October 24, 2023 Order of Business 5 #J

Agenda Item J

J. Adoption of a Resolution Updating the List of Persons Authorized to Conduct Transactions With the\nState Local Agency Investment Fund (LAIF)\nRecommended Action\nStaff recommends that the City Council:\n1. Adopt the attached resolution updating the positions/persons authorized to conduct\ntransactions with the State Local Agency Investment Fund (LAIF) on behalf of the City;\nand\n2. Adopt a finding of no possibility of significant effect pursuant to Section 15061(b)\n(3) (Common Sense Exemption) of the California Environmental Quality Act (CEQA)\nGuidelines.\nStaff Report Printout\na. LAIF Resolution 102423