HomeMy WebLinkAboutRES 1989-38 - Board f
RESOLUTION NO. 8938
OF THE
TRUCKEE DONNER PUBLIC UTILITY " DISTRICT
AUTHORIZING TRUCKEE RIVER BANK TO HONOR
CERTAIN FACSIMILE SIGNATURES
BE IT RESOLVED by the Board of Directors of the Truckee Donner
Public Utility District as follows:
1. That Truckee River Bank be, and is hereby, authorized and
directed to honor as genuine and authorized instruments
of the Truckee Donner Public Utility District any and all
checks, drafts and/or other orders for the payment of
money drawn in the name of the District and bearing or
purporting to bear the facsimile signatures of any of the
following:
Joseph Aguera John L. Corbett
Richard Curran James A. Maass
Peter L. Holzmeister Patricia Sutton
regardless of by whom or by what means the actual or
purported facsimile signature thereon may have been
affixed thereto.
2 . That the Truckee Donner Public Utility District assumes
full responsibility for any payments made by said Truckee
River Bank, in reliance upon the actual or purported
facsimile signature of any person or persons named in the
foregoing resolution and agrees to indemnify and hold
harmless the said Truckee River Bank against any and all
loss, cost, damage or expense suffered or incurred by
said Truckee River Bank arising out of the misuse or
unlawful or unauthorized use by any person of such
facsimile signature, regardless of by whom or by what
means the actual or purported facsimile signature thereon
may have been affixed thereto, and also agrees to
indemnify and hold said Truckee River Bank harmless of
and from all claims arising out of forged endorsements
to checks, drafts and/or other orders for the payment of
money signed by a facsimile signature machine or device
while it is in the hands of a thief or other unauthorized
person. Truckee River Bank shall also have all
protection against forged endorsements granted to it by
MSA 10.3405 and its sub-sections.
3. That the Clerk of the District be and is hereby
authorized and directed to deliver to said Truckee River
Bank specimens of the facsimile signatures of the persons
named.
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.
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
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J s A. Maass, President
ATTEST:
s an M. Craig, Deputy D rict Clerk
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