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HomeMy WebLinkAboutRES 1978-37 - Board RESOLUTION NO,, 78 37 OF TRUCKEE-DONNER PUBLIC UTILITY DISTRICT ESTAB HING A CONSTRUCTION ACCOUNT AT BANK OF AMERICA FOR FmHA PROJECT 77-1 WHEREAS, The Truckee-Donner Public Utility District has completed its application for drought relief financial assistance from the Farmers Home Administration; and WHEREAS, the Board of Directors desires to establish a separate checking account for the deposit and disbursement of loan funds and grant proceeds. NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors does hereby authorize the establishment of a checking account at the Truckee Branch of Bank of America for the express purpose of handling the funds relating to FmHA Project 77-1., BE IT FURTHER RESOLVED, that the documents filed with Bank of America indicate the requirement of two signatures, with any of the five directors being able to sign. PASSED AND ADOPTED by the Board of Directors of the Truckee- Donner Public Utility District, at a meeting held within said District on the 6__th__ day of July 1978, by the following roll call vote; AY ES: Hatch Huber Sutton NOES: None ABSENT: Kuttel Maass TRUCKEE-DONNER PUBLIC UTILITY DISTRICT By JAMES A. MAASS, President ATTEST: A. MILTON SEYMOUR, Clerk Thereof Aaw