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HomeMy WebLinkAboutRES 1986-28 - Board RESOLUTION NO. 8628 OF THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT APPROVING AN AMENDMENT TO THE BY—LAWS OF THE TRUCKEE DONNER i PUBLIC UTILITY DISTRICT FINANCING CORPORATION WHEREAS , the Board of Directors of the Truckee Donner Public Utility District (District) and the Board of Directors of the Truckee Donner Public Utility District Financing Corporation (the Corporation) desire to increase the membership of the Board of Directors of the Corporation from three to five members; and WHEREAS, Section 3.02 of the By-laws adopted May 5 , 1986 by the Board of Directors of the Corporation provides that the number of Directors shall be three until changed by amendment of the By-laws; and WHEREAS, Section 6.01 of the By-laws provides that the By-laws may be amended by vote of the Board of Directors of the Corporation, effective upon approval of the Board of Directors of the District; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public Utility District as follows: ,.. That Section 3.02 of the By-laws of the Corporation be amended to provide for five (5) Directors. This Resolution shall take effect from and after its date of adoption. PASSED AND ADOPTED by the Board of Directors of the Truckee Donner Public Utility District this 21st day of July 1986 at a meeting duly called and held within the District by the following roll call vote: AYES: Cooley,' Sutton and Maass. NOES: Corbett. ABSENT: Hamilton. TRUCKEE DONNER PUBLIC UTILITY DISTRICT By �. Ja s A. Maass , President ATTEST: Y_—0,-, �w Susan M. Craig, Deputy D tract Clerk d2.18