HomeMy WebLinkAboutRES 1991-02 - Board RESOLUTION NO. 9102
OF THE
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
AUTHORIZING BUSINESS CREDIT CARD
ACCOUNTS WITH MBNA AMERICA
WHEREAS, the District desires to provide to its five Directors and to the General Manager
business credit cards for use in connection with District business; and
WHEREAS, MBNA AMERICA, N.A. has indicated to the District that it will provide business
credit card accounts to the District on terms satisfactory to the District;
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner
Public Utility District as follows:
1. That the President of the Board of Directors and/or the General Manager of the
District is hereby authorized and directed by the District to apply for, sign for, and
on behalf of the District in order to open the business credit card accounts referred
,,_.. to above, to name and request the issuance of credit cards to the individuals
holding the positions described above, and to do all other acts and to perform all
obligations incident and necessary to the maintenance and satisfaction of the
business credit card accounts in accordance with the terms and conditions of said
account. Such terms and conditions are acknowledged as received and presented
to the Board of Directors on or before the date that this resolution was adopted.
2. That the President of the Board of Directors and/or the General Manager of the
District is further authorized and directed to deliver and certify to MBNA, from time
to time, as necessary, a listing of all designated individuals and other authorized
users who are each so authorized to use a credit card account with MBNA,
together with a sample of the signatures from such persons so designated.
3. That the President of the Board of Directors and/or the General Manager of the
District is further authorized and directed to deliver and certify to the bank a
certified copy of this resolution and that the same is in conformity with the charter
and bylaws of the District, together with a certificate or signature card setting for
the names and certifying to the signatures of the authorized users or guarantors,
and MBNA shall be free from all liability and fully protected in relying on such
certifications of the incumbents and shall be indemnified and saved harmless from
any claims, demands, expenses, attorneys' fees, loss, damage, or liability
whatsoever resulting from, or growing out of, honoring the signatures of any
person so certified, or refusing to honor any signature not so certified until the
actual receipt by the Bank of a written notice purporting to be under the seal of the
District and purportedly signed by the General Manager of the District notifying the
Bank of any changes of such offices and incumbents or other authorized signers.
4. The foregoing powers and authority will continue until written notice of revocation
has been received by the Bank.
Passed and adopted by the Bcard of Directors of the Truckee Donner Public Utility District
at a meeting dully called and held within the District on the 4th day of February, �1 991, by
the following roll call vote:
AYES: Aguera, Corbett, Curran, Maass and Sutton.
NOES: None
ASSENT: None
TRU6t--.rE DO NER PUB 1C UTILITY DISTRICT
-6 ph, R. Aguera President
ATTEST: ;-
Susan M. Craig, Deputy District Clerk
src
a' natures of curr t authorized officers
IN WITNESS WHEREOF, I have hereto se my hand as such Secretary and affixed
the corporate se 1 of said corporation this day of >, - , 1991.
Peter L. Holzmeister