HomeMy WebLinkAboutRES 2001-26 - Board Public
Resolution No. 2001=26
AUTHORIZATION TO ENTER INTO AN AGREEMENT WITH US BANK TO PROVIDE THE
DISTRICT WITH BANKING SERVICES
WHEREAS, the District finds the banking services offered by US Bank will meet the current and
future needs of the District, and
WHEREAS, the District has found the charges for banking services offered by US Bank to be
favorable to the District;
NOW,THEREFORE, BE IT RESOLVED that the Treasurer is authorized to open checking accounts
at US Bank for the purpose of receiving funds and disbursing funds relating to district business,and
BE IT FURTHER RESOLVED that the Treasurer will open up a General Fund checking account and
a Payroll checking account, and
BE IT FURTHER RESOLVED that the Treasurer is hereby authorized to sign on the account and
that in the Treasurer's absence,the General Manager,the Assistant General Manager or any of the
Board of Directors is authorized to sign on the account, and
BE IT FURTHER RESOLVED that one electronic signature from the District's computerized
accounting system by either the Treasurer,the General Manager or the Assistant General Manager
is acceptable for US Bank to honor payment of a check, and
BE IT FURTHER RESOLVED that in the absence of an electronic signature,two manual signatures
by any of the authorized signors will be required on all checks, and
BE IT FURTHER RESOLVED that the Treasurer is authorized to enter into other electronic banking
services offered by the bank such as ACH transfers,wire transfers,book transfers,stop payments,
account reconciliation and other such services in order to conduct the District's business.
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the
District on the 5th day of September, 2001 by the following roll call vote:
AYES: Aguera, Hemig, Sutton, Van Gundy and Maass.
NOES: None.
ABSENT: None.
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By: ('
n�.
James Maass, President, Board of Directors
ATTEST•
Peter L. Holzmeister, 6erk of the Board