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HomeMy WebLinkAboutRES 2002-04 - Board Public Utility District Resolution No. 2002-04 Authorizing Investment of Donner Lake Assessment District 00-1 Monies in the Local Agency Investment Fund WHEREAS, Pursuant to Chapter 730 of the statutes of 1976 Section 16429.1 was added to the California Government Code to create a Local Agency Investment Fund in the State Treasury for the deposit of money of a local agency for purposes of investment by the State Treasurer; and WHEREAS, the Board of Directors does hereby find that the deposit and withdrawal of money in the Local Agency Investment fund in accordance with the provisions of Section 16429.1 of the Government Code for the purpose of investment as stated therein as in the best interest of the Truckee Donner Public Utility District. NOW THEREFORE, BE IT RESOLVED, that the Board of Directors does hereby authorize the deposit and withdrawal of Truckee Donner Public Utility District — Donner Lake Assessment District 00-1 monies in the Local Agency Investment Fund in the State Treasury in accordance with the provisions of Section 16429.1 of the Government Code for the purpose of investment as stated therein, and verification by the State Treasurer's Office of all banking information provided in that regard. BE IT FURTHER RESOLVED, that the following Truckee Donner Public Utility District officers or their successors in office shall be authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund: Nelson Van Gundy Peter L. Holzmeister Mary Chapman resident Secretary, District Clerk Treasurer r PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the sixth day of February, 2002 by the following roll call vote: 16 - AYES: Aguera, Hemig, Maass, Sutton and Van Gundy NOES: None ABSENT: None TRUCKEE DONNER PUBLIC UTILITY DISTRICT Nelson Van Gundy, Pre ent ATTEST: ,p Peter L. Holzrfieister, District Clerk