HomeMy WebLinkAboutRES 2008-21 - Board Resolution No. 2008 - 21
REAFFIRMING THE OFFICE OF TREASURER,
DEFINING THE TREASURER'S DUTIES AND
CREATING THE OFFICE OF ASSISTANT TREASURER
TO ACT IN THE ABSENCE OF THE TREASURER
WHEREAS, pursuant to Section 16112 of the California Public Utility District Act,the Board
of Directors is authorized to appoint the Treasurer of the District, who shall hold office at
the pleasure of the Board; and
WHEREAS, pursuant to Section 16112 of the California Public Utility District Act,the Board
of Directors is authorized to determine the duties that the Treasurer of the District shall
perform; and
WHEREAS, Resolution 9522 appointed the Administrative Services Manager to hold the
office of District Treasurer and defined the Treasurer's duties; and
WHEREAS, the Board of Directors desires to rescind Resolution 9522 and replace it with a
revised resolution; and
WHEREAS, the Board also desires to create the office of Assistant Treasurerwho will also
serve at the pleasure of the Board and who will act on behalf of the Treasurer in his/her
absence; and
WHEREAS, the Board of Directors has determined that the duties of the District Treasurer
are set forth in various sections of Title 3 Finance and Accounting which are periodically
updated by the Board, and
WHEREAS, the Board of Directors has determined that the assigned duties shall include
the duties to make payments and execute instruments for the payment of demands against
the District, keep account of all receipts and disbursements, invest District funds, make
investment withdrawals as needed to pay District obligations, arrange for and manage
loans approved by the Board, and provide financial reports to the Board; and
WHEREAS, the Treasurer will perform assigned duties according to District policies and
procedures approved by the Board of Directors; and
WHEREAS,the Treasurer shall perform such further duties as the Board may,from time to
time impose; and
1 Resolution 2008-21
-- NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner
Public Utility District as follows:
1) The Board of Directors hereby rescinds Resolution 9522.
2) The Board of Directors hereby reaffirms appointment of the office of Treasurer.
3) The Treasurer shall perform the duties specified in Title 3 of the District Code,
Finance and Accounting, and such further duties as the Board of Directors may,
from time to time, impose.
4) That the Board creates the office of Assistant Treasurer to act on behalf of the
Treasurer in his/her absence.
PASSED AND ADOPTED by the Board of Directors of the Truckee Donner Public Utility
District in a meeting duly called and held within said District on the 16th day of July, 2008 by
the following roll call vote:
AYES: Directors Aguera, Hemig and Thomason
ABSTAIN: None
NOES: None
ABSENT: Directors Sutton and Taylor
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By.
Tim F. Tay , resident
ATTEST:
Michael D. Holley, Clerk of the Board
2 Resolution 2008-21