Resolution No. 2094RESOLUTION NO. 2094
A RESOLUTION OF THE SOUTH TAHOE
PUBLIC UTILITY DISTRICT AUTHORIZING INVESTMENT
OF DISTRIC MONIES IN LOCAL AGENCY
INVESTMENT FUND
RESOLVED, by the BOARD OF DIRECTORS of the SOUTH TAHOE PUBLIC UTILITY
DISTRICT, E1 Dorado County, State of California, that 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
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and withdrawal of money in the Local Agency Investment Fund in accordance
with the provisions of Section 16429,1 of the Govenment Code for the purposes
of investment as stated therein as in the best interests of the SOUTH TAHOE
PUBLIC UTILITY DISTRICT.
NOW THEREFORE, BE IT RESOLVED that the BOARD OF DIRECTORS does
hereby authorize the deposit and withdrawal of DISTRICT 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.
BE IT FURTHER RESOLVED that the following DISTRICT officer or his
r-
successor in office shall be authorized to order the deposit or withdrawal of
monies in the Local Agency Investment Fund:
David W. Callahan, Assistant Manager
PASSED AND ADOPTED by the BOARD OF DIRECTORS of the SOUTH TAHOE
M
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PUBLIC UTILITY DISTRICT, State of California on October 6, 1977, by the
following vote:
AYES: DIRECTORS, Hegarty, Fesler, Cocking, Fieldcamp and Kashuba
NOES: None
ABSENT: None
ZIIZ-C�4 6',n 4 -
David W. Callahan
Clerk & Ex- officio Secretary
SOUTH TAHOE PUBLIC UTILITY DISTRICT
Edward E. Hegar y
President of the Boar
SOUTH TAHOE PUBLIC UTILITY DISTRICT