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HomeMy WebLinkAbout2008-12-17 Agenda Packet - Board (17) Agenda Item # 4 Action To: Board of Directors From: Mary Chapman, Secretary/Treasurer of TDPUD Financing Corporation Date: December 17, 2008 Subject: Election of Officers 1. WHY THIS ITEM IS BEFORE THE BOARD: Only the Board can elect new officers. 2. HISTORY: ing of the Each year, an annual meet Truckee Donner Public Utility District Financing business,which includes the election of new officers. Corporation convenes to conduct their The last meeting was held on December 5, 2007. The officers approved were Tim Taylor, President, Bill Thomason, Vice President and Mary Chapman, Secretary/Treasurer. 3. NEW INFORMATION By-Laws, officers shall be a President,Vice President, According to the Finance Corporation Secretary and Treasurer. Officers shall be chosen annually by the Board of Directors and each shall hold office until the officer's successor shall be elected. 4. RECOMMENDATION: Elect the same officers who are serving on the Truckee Donner Public Utility Board as the officers for the TDPUD Financing Corporation: President,Vice President, Mary Chapman to serve as the Financing Corporation Treasurer and Michael D. Holley to serve as Secretary. Mary Chap&n U Michael D. Holley, PE Administrative Services Manager General Manager