HomeMy WebLinkAboutRES 1994-45 - Board RESOLUTION
NO. 9445
OF THE
TRUCKEE DONNER PUBLIC UTILITY
DISTRICT
AUTHORIZING TRUCKEE RIVER BANK TO HONOR
CERTAIN FACSIMILE SIGNATURES
BE 1 T 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 regardless of by whom
or by what means the actual or purported facsimile signature thereon may
have been axed thereto:
Joseph Aguera
Ron Hemig
Robert A. Jones
James A. Maass
Patricia Sutton
Peter L. Holzmeister
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 or such facsimile signature,
regardless of by whom or by what means the actual or purported facsimile
signature thereon may have been axed 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.
PASSED ANY
D ADOPTED b the Board of Directors at a meeting duly called and held
within the District on the 99th day of December 1994 by the following roll call vote..
AYES: Aguera, Hemig, Maass, Sutton and Jones.
NOES: None.
ABSENT: None.
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
ByZ2:� �7
Peter L. Hot eist , Clerk of the Board
ATTES
Susan M. Craig, Deputy Distric lerk
smc