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Home My WebLink AboutRES 2018-15 - BoardiUCKDONNER_PublicUtilityDistrictResolutionNo.2018-15AuthorizingtheRetentionofFundsPresentedbyUnprocessedChecksWHEREAS,Resolution8912statesthatonlytheBoardcanauthorizetheretentionofunclaimedfunds;WHEREAS,theBoard’spolicyestablishedwithResolution8912alignswithGovernmentCodeSections50050through50057thatgoverntheDistrict’smethodbywhichfundscanberetainedthatareowedtocustomersthatcannotbelocated;andWHEREAS,Resolution8912preventstheabilityforstafftofollowchangesmadeingovernmentcode,andinreviewingstaffhasnoticedthechangesinGovernmentCodeincomparisontotheBoardspolicywouldbemoreefficientfortheDistrictreducingcostsincurredinthisprocess;andWHEREAS,thepolicyforretentionofunclaimedfundswillbeimplementedintoDistrictCodereflectingthattheDistrictpolicyisalignedwithGovernmentCodeSections50050through50057inprocessinganyunclaimedfundsNOWTHEREFOREBEITRESOLVEDBYTHEBOARDOFDIRECTORSOFTHETRUCKEEDONNERPUBLICUTILITYDISTRICTTHAT:Section1.Allpreviouslyadoptedresolutionandordinancesrelatedtoretentionofunclaimedfundsareherebyrescinded.Section2.TheGeneralManagerwilldirecttheprocessofunclaimedfundsinaccordancewithGovernmentCodesections50050through50057PASSEDANDADOPTEDbytheBoardofDirectorsatameetingdulycalledandheldwithintheDistrictontheeighteenthdayofJuly,2018bythefollowingrollcallvote:AYES:Directors:Aguera,Bender,Ellis,VicePresidentWarmerdam,andPresidentLaliotis.NOES:None.ABSENT:None.TRUCKEEDONNERPUBLICUTILITYDISTRICTTonyLaliotis,PresidentATTEST:hannaDKuhemier,CMC,DistrictClerk