HomeMy WebLinkAboutRES 2009-40 - Board ------------
Resolution No. 2009 - 40
AUTHORIZING THE DISTRICT TREASURER
TO INVEST DISTRICT FUNDS FOR FY10
WHEREAS, it is the intent of the Board of Directors that the District's investment policy be
reviewed on an annual basis; and
WHEREAS, the Board of Directors of the Truckee Donner Public Utility District last updated
its investment policy in Resolution #2008-19 on July 2, 2008; and
WHEREAS, the District's investment policy was again reviewed on January 7, 2009 with no
revisions being proposed; and
WHEREAS, no revisions to the District's investment policy Title 3.20 are being proposed at
this time; and
WHEREAS, Section 53607 of the Government Code states that certain investment related
duties may be delegated to the Treasurer of the District for a one-year period; and
NOW THEREFORE, BE IT RESOLVED, that the Board of Directors does hereby authorize
Mary Chapman, Treasurer to perform the duties described in Title 3.20 Investments of the
District Code for FY10 pursuant to Government Code Section 53607.
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within
the District on December 16, 2009 by the following roll call vote:
AYES: Directors Aguera, Bender, Hemig and Hillstrom
ABSTAIN: None
NOES: None
ABSENT: Director Sutton
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By
ffBen r, President
ATTEST:
P1 /.
Michael D. Holley, Clerk of the Board