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HomeMy WebLinkAboutRES 1989-37 - Board RESOLUTION NO. 8937 OF THE TRUCKEE DONNER PUBLIC UTILITY" DISTRICT SETTING FORTH POLICY ON USE OF FACSIMILE SIGNATURE STAMPS WHEREAS, the Directors of the TDPUD are authorized to sign checks on behalf of the District; and WHEREAS, the General Manager of the TDPUD is authorized to sign payroll checks and customer refund checks; and WHEREAS, some of the Directors and General Manager find it convenient, cost effective and a considerable time savings to use a facsimile signature stamp; and WHEREAS, the Board of Directors wishes and intends to regulate the procedure for use of facsimile signature stamps in order to maintain proper security and prudent controls NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public Utility District as follows: 1. The Directors and General Manager are authorized to use a facsimile signature stamp for the signing of checks, and only for the signing of checks, unless otherwise specifically authorized. 2. Each Director having a signature stamp and the General Manager are responsible for providing for the proper care and security of his or her signature stamp. 3. Neither the Directors nor the General Manager shall allow any other person to use his or her signature stamp. 4 . In the event that a signature stamp becomes lost, the person whose stamp it is shall immediately notify the District Clerk and the banks upon which the District checks are drawn to terminate the acceptance of facsimile signatures for that person. 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 on the 4th day of December 1989 by the following roll call vote: AYES: Aguera, Corbett, Curran, Sutton and Maass. NOES: None. ABSENT: None. UCREE DONNER PUBLIC UTILITY DISTRICT By es A. Maass, President ATTES Susan M. Craig, Deputy istrict Clerk smc