HomeMy WebLinkAboutRES 1989-12 - Board RESOLUTION NO. 8912
OF THE
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
AUTHORIZING THE RETENTION OF FUNDS
REPRESENTED BY UNPROCESSED CHECKS
WHEREAS, the Truckee Donner Public Utility District has issued
certain checks that have not been deposited; and
WHEREAS, Government Code Sections 50050 through 50056 govern the
method by which the Truckee Donner Public Utility District can
retain funds that are owed to customers who cannot be located;
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the
Truckee Donner Public Utility District that the General Manager
shall cause the following procedure to be followed in accordance
with the Government Code:
For amounts less than $10, or for any amount if the
depositor's name is unknown, the District can immediately
transfer into its General Fund those funds which have been
on hand for three years or more. Any amounts of $10 or
greater that have been on hand for at least three years can
be deposited in the District's General Fund after a notice
has been published in the Sierra Sun for two successive
weeks. The notice shall identify the amount, the name of
the person entitled to the funds, and state that the funds
will become the property of the District if they are not
claimed by a date that is not less than 45 nor more than
60 days after the first publication. If not claimed by the
deadline printed in the notice, those funds also become the
property of the District upon formal action by the Board
to transfer such funds.
PASSED AND ADOPTED by the Board of Directors of the Truckee Donner
Public Utility District at a meeting duly called and held within
the District by the following roll call vote:
AYES: Aguera, Corbett, Sutton, White and Maass.
NOES: None.
ABSENT: None.
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By A
Janths A. Maass, President
ATTEST
S san M. Craig, Deputy D' trict Cleik
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