City Council

CC 21. Amending Designated Authorized Signers on City’s Various City & Successor\nAgency Accounts & Authorizing Investment of City & Successor Agency Monies in the LAIF\n& Designating Officers Authorized to Order the Deposit or Withdrawal of Monies in LAIF\nStaff Recommendation:\n1. Adopt Resolution CC 2024-78 and Successor Agency Resolution SA 2024-03,\nResolutions of the City Council of the City of Covina for an Amendment to\nDesignate Authorized Signers on the City’s Various City and Successor Agency\nAccounts with BMO Bank, effective August 20, 2024; and\n2. Adopt City of Covina Resolution CC 2024-79 and Successor Agency Resolution SA\n2024-04 Authorizing Investment of Monies in the Local Agency Investment Fund\n(LAIF) and Designating Officers Authorized to Order the Deposit or Withdrawal of\nMonies in LAIF, effective August 20, 2024.\nCONTINUED PUBLIC HEARINGS