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HomeMy WebLinkAboutRES 1975-07 - Board RESOLUTION NO, 7507. of the TRUCKEEMM-DONNER PUBLIC UTILITY DISTRICT OPENING BANK ACCOUNT AT TAHOE NATIONAL BANK AND AUTHORIZING SIGNATURES NOW, THEREFORE, BE IT RESOLVED that the Truckee-Donner Public Utility District establish in its name one or more deposit accounts with Tahoe National Bank, upon such terms and conditions as may be agreed upon with said Bank and any of the following named persons, and that funds shall be withdrawn from said accounts on checks or orders of this organization signed by and two of the following named persons: /s/ M. REX ANDERSON, VICE CHAIRMAN /s/ PATRICIA S. BUTTON, TREASURER /s/ ROY WATERS, DIRECTOR 'N" and may be payable to bearer, or to the order of, or for the use and benefits go of the signer or signers thereof, and the certification by the Secretary of this organization as to the signatures of said persons shall be binding upon this organization; each of said persons hereby is authorized for and on behalf of, and 'in the name of this organization to endorse and deliver to said Bank for any purpose and to any amount commercial paper of any kind, negotiable or non-negotiable, executed by others and owned, or held or payable to this organization, and that all authorizations with respect to this account shall remain effective until Bank receives written notice of ' revocation at the office where this account is maintained. PASSED AND ADOPTED AT A REGULAR MEETING OF THE BOARD OF DIRECTORS OF THE TRUCKEE-DONNER PUBLIC UTILITY DISTRICT DULY CALLED AND HELD BY THE FOLLOWING ROLL-CALL VOTE. THE MEETING WAS HELD JULY 19 19750 AYES: Pat Sutton Fosten Wilson, Jr. Rex Anderson John Craig NOES: None ABSENT: RRy_.Waters, 0 TRUCKEE-DONNER .PUBLIC UTILITY DISTRICT BY: )V1 6q 7- /45* Jo hn Craig, Chairman he Board ATTEST: erk The're6f—