HomeMy WebLinkAboutRES 1995-26 - Board RESOLUTION NO. 9526
OF THE
FTRUCKEE DONNER PUBLIC UTILITY DISTRICT
AUTHORIZING WIRE TRANSFERS,;
DESIGNATING EMPLOYEES TO ACT ON'BEHALF`OF DISTRICT,
RESCINDING RESOLUTION NO. 9016 AND AMENDING CODE
SECTION 320.008.2
WHEREAS, it is in the best interest of the Truckee Donner Public Utility District to arrange for the
transfer of deposited funds of the District other than by check or draft; and
WHEREAS, Truckee River Bank provides wire transfer and comparable transfer services;
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public
Utility District as follows:
1. That the Truckee River Bank is hereby requested to honor, execute and process
this District's telephonic, telegraphic, written or oral requests for the transfer of
funds between the accounts of this District at the Truckee River Bank and the
Local Agency investment Fund, subject to such terms and conditions as may from
time to time be agreed upon by the District.
2. That any one of the following named officers or employees of the District, a) the
General Manager, b) the Administrative Services Manager, c) the President of the
Board; be and they are hereby authorized, directed and empowered for and on
behalf of and in the name of the District as follows:
a) To execute agreements with the Bank providing for
such funds transfers and to make and verify
requests for such transfers, and the Bank shall be
entitled to honor and charge this District for all such
requests, when given (or purported to be given) by
any one of the above.
b) To make, execute and deliver such other
agreements as may be required by the Bank, and
c) To perform or cause to be performed all further acts
and execute and deliver all further instruments which
Bank may deem necessary to carry out the
purposes of this resolution.
3. That this District hereby ratifies and confirms the acts of its officers, agents or
employees in heretofore requesting transfers of funds from this District's accounts
• with the Bank by wire or comparable transfer together with any acts performed in
relation hereto.
i4. That the Clerk of this District is hereby authorized and directed to execute,
acknowledge and deliver a certified copy of this resolution to the Bank and any
other person or agency which may require copies of this resolution and that the
certification of the Deputy District Clerk as to the signatures of the above named
officers will be binding on this District.
5. That the Bank is authorized to act upon this resolution until written notice of the
revocation thereof by a resolution duly adopted by the Board of Directors of this
District is delivered to the Bank, such revocation in no way to affect the obligations
of this District to the Bank incurred pursuant to the terms of this resolution prior to
eceipt by the Bank of such notice or revocation.
6. That Resolution No. 9016 is hereby rescinded.
7. That TDPUD Code Section 3.20.008.2 be amended as follows:
3.20.008.2 Any one of the following named officers or employees of the District,
the General Manager, Administrative Services Manager, President of the
Board, be and are hereby authorized, directed and empowered for and on behalf
of and in the name of the District as follows.....
PASSED AND ADOPTED by the Board of Directors at a meeting duty called and held within the
District on the 7th day of August 1995 by the following roll call vote:
• AYES: Aguera, Hemig, Maass and Jones.
NOES: None.
ABSENT: Sutton.
BYUCKgF DONNER PUBLIC UTILITY DISTRICT
Peter L. Holz is ter, Clerk Board
ATTES z
usan M. Craig, Deputy District Jerk
•