Loading...
HomeMy WebLinkAbout4022i 2 3 4 5 6 7 S 9 I0 ~1 ~ 12i 13~ 14: 15i ~ 16 I7 I8 ~9 2fl 2~ 22 23 z~ 25 26 27 2$ Oxda.naxice No. ~a~~ AN ORUZNANCE AMENDING BIITTE COUNTY CODE SECT~ON 2-166 D~L~GATING INVES'~MENT AUTHOR~TY TO THE BQTTE COUNTY TREASURgR/TAx CQT~T~~CTOR The Boa~d o~ Supervisors of th~ Coun~y of Su~Ce ordains as fpl~.ows : Section 1. Secta.on 2~166 0~ Ax~icle XX o~ Chap~er 2 0~ ~he ~3uttie County Code is amended ta read as fallaws: 2-16~ ~nvestment authority. The Coun~y Txeasurer is hereby delegated the au~haxi~y ~or fiscal year 20~.0-201.1 ~o ~.r~.vest or reinv'esti ~he ~~nds a~ ~he County and ~he ~unds of other depo~itors in the Coun~y Tx~easury, pur~uant to Chapter ~, (cotnmencing wi~h Gavernmen~ Code Sectivn 535~0} of Pa~t 1 0~ Divxsion 2 of Ti~.~.e 5 of the Governmen.t Cade. The Coun~y Treasurer sha1~ assum~ ~u.ll responsibil~.ty fo~ those transac~ions untiil tha.s del~ga~.ian of authori~y is revoked by ordinance or expiras a~ ~he end o~ the 2010~20~~ ~~.scal ~rear. sec~a.on 2. Severabili~y. , z~ any provision of th~s Oxda.nan~e or the a~plication therea~ ~o any person or circumstances ~.s ~or any reason he].d to be invalid by a cou~t of compet~n~ jur~sd~ctiion, such provision shaZ~ be deemed s~verable, and ~he inval~dity thex~eo.~ sha~.l na~ a~~ect the remaa.ni.ng pxov~.siaz~s ar other applications of the Ordinance wha.ch cax~. be gaven 1 1 2 3 4 5 6 7 S 9 ro 11 l2 13 14 15 16 17 18 1~ 20 2~ zz ~~ 24 25 2b 27 28 e~~ea~ without the invalid provisian or application ~hereof. Sec~ion 3_ Etfactive Date and Pub~ication. This Ordinance sha11 ~ake eff~~t th~rty (30} days af~er the date o~ i~s passage. The C~erk o~ ~he Board o~ Supervisors is authoriz~d and di~~c~~d to publi~h this ordinance be~o~e the expiration of ~~f~ean (15) days af~er its passag~. This Ordinance shal~ be pub~~shed ance, with ~he names of ~he members o~ the ~aa~d of Sup~rvisors ~o~ing to~ and aga~nst i~, in the Chica Enterprise-Aecord, a newspaper of general c~rcula~ion publish~d ~n the County of Butte, ~~a~e o~ Ca~zfarnza. PASSLD AND AD~FTED by the Boaxd of Supervisors a~ the County of But~~, State of Cali~o~nia, vn ~h~ o~J~ day of ~, 2010, by the ~o17,owiz~g vat~ : AY'ES:Superv~isors Do1an, Ka.rk, Lamber~, Yamaguchi, and Chair Connelly NoES: None 7asSENT : Nane z~o~ vn~rxrrc: ~o~e AI'TEST: 5catt Tanciy In.~e~' h• A mina.s~ra and 1e Board~ B~ a~~oRnx~Swace~2-iss 2aio-ii.wpd ~ ~ ~3~7,T, CONNEi,LY, Chair ~ f the Buttie County ~aard of Supervisvrs icer 2