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Wasco council unanimously authorizes staff signing authority on investment accounts for successor agency and finance authority
Summary
The Wasco City Council adopted mirrored resolutions authorizing designated staff to sign on investment accounts held in the Local Agency Investment Fund for the successor agency and the Wasco Public Finance Authority; both measures passed by unanimous roll-call votes.
The Wasco City Council unanimously adopted two administrative resolutions Tuesday that clarify and delegate signing authority for investment accounts in the state's Local Agency Investment Fund.
Council considered a resolution for the successor agency to the former redevelopment agency that specifies signing authority applies to an investment account…
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