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Resolution No. 1908 RESOLUTION NO. 1908 A RESOLUTION OF THE BOARD OF DIRECTORS OF SOUTH TAHOE PUBLIC UTILITY DISTRICT TO ESTABLISH IN ITS NAME WITH WELLS FARGO BANK A DEPOSIT ACCOUNT ENTITLED SOUTH TAHOE PUBLIC UTILITY DISTRICT WATER ENTERPRISE BE IT RESOLVED by the Board of Directors of the SOUTH TAHOE PUBLIC UTILITY DISTRICT, County of El Dorado, State of California, as follows: That, SOUTH TAHOE PUBLIC UTILITY DISTRICT establish in its name a deposit account entitled SOUTH TAHOE PUBLIC UTILITY DISTRICT IMPROVEMENT DISTRICT WATER ENTERPRISES with WELLS FARGO BAN-K upon such terms and conditions as may be agreed upon with said Bank and any of the following named persons, and that funds shall be withdrawn from said account on checks of this organization signed by any two (2) of the following named persons: Robert Wakeman President Robert W. Fesler Director Edward E. Hegarty Director Donald H. Kortes Director Gerald G. Ream Director and may be payable to bearer, or to the order of, or for the use and benefit of the signer or signers thereof, and the certification by the Secretary of this organization as to the signatures of said persons shall be binding upon this organization; each of said persons hereby is authorized for and on behalf of, and in the name of this organization to endorse and deliver to said Bank for any purpose and to any amount commercial paper of any kind, negotiable or non - negotiable, executed by others and owned, or held, or payable to this organization, and that all authorizations with respect to this account shall remain effective until Bank receives written notice of revocation at the office where this account is maintained. �r► -2- *1r RESOLUTION NO. 1908 PASSED AND ADOPTED at a regular meeting of the Board of Directors of SOUTH TAHOE PUBLIC UTILITY DISTRICT, on the 30th day of August, 1974, by the following vote: AYES: Directors: Wakeman, Hegarty, Kortes, and Ream NOES: None ABSENT: Fester ert akeman, President SOUTH TAHOE PUBLIC UTILITY DISTRICT ATTEST: David W. Callahan, Clerk and Ex- officio Secretary of the Board SOUTH TAHOE PUBLIC UTILITY DISTRICT ****** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** CERTIFICATE OF RESOLUTION STATE OF CALIFORNIA ) ss COUNTY OF EL DORADO ) I, David W. Callahan, Clerk of the SOUTH TAHOE PUBLIC UTILITY DISTRICT, County of El Dorado, State of California, and ex- officio Secretary of the Board of Directors thereof, do hereby certify that the attached RESOLUTION NO. 1908 is a true, full and correct copy thereof, and that said Resolution was duly adopted by the Board of Directors of SOUTH TAHOE PUBLIC UTILITY DISTRICT at a duly held regular meeting, the 30th of August, 1974, and that the original of said Resolution in on file in the office of said SOUTH TAHOE PUBLIC UTILITY DISTRICT. Said Resolution was passed by the following vote of the members of the Board of Directors thereof: AYES: Directors: Wakeman, Hegarty, Kortes, and Ream NOES: None ABSENT: Fesler O P . d e IP 1 David W. Callahan, Clerk and Ex- officio Secretary of the Board SOUTH TAHOE PUBLIC UTILITY DISTRICT RESOLUTION AUTHORIZING SIGNING AND ENDORSING CHECKS AND OTHER INSTRUMENTS RESOLVED, that WELLS FARGO BANK, N.A. be, and it is hereby selected as a Depositary of the funds of this rnization, and that Ass 't . Treasurer and TITLE TITLE of this Organization be and they are authorized to establish such account, and that checks or drafts withdrawing said funds may be signed by any Two (2) (INDICATE NUMBER REQUIRED) of the following: NAME TITLE PLEASE 1 Robert Wakeman President TYPE Donald H. Kortes 2. Director OR PRINT 3. Edward Hegarty Director NAMES 4. Gerald G. Ream Director AND TITLES 5 Robert W. Fesler Director FURTHER RESOLVED, that WELLS FARGO BANK, N.A. is authorized to honor and pay any and all checks and drafts of this Organization signed as provided herein, whether or not payable to the person or persons signing them; and that checks, drafts, bills of exchange, and other evidences of indebtedness may be endorsed for deposit to the account of this Organization by any of the foregoing or by any other employee or agent of this Organization, and may be endorsed in writing or by stamp and with or without the designation of the person so endorsing. FURTHER RESOLVED, that the authority hereby conferred shall remain in force until written notice of the revocation thereof by the Board of this Organization shall have been received by said depositary at the office at which the account is kept ;and that the certification of the secretary or an assistant secretary as to the continuing authority of this resolution and the persons authorized to sign and their signatures, shall be binding upon this Organization. I HEREBY certify that the foregoing is a true and correct copy of resolution adopted by the governing Board of this - + ization at a meeting of said Board regularly held on the 3 Ot` }} fla of August 19 74 tat said resolution is still in full force and effect. I FURTHER certify that the signatures appearing on the reverse side of this card are the signatures of the persons authorized to sign for and on behalf of this organization. WITNESS my hand and the seal of this organization this 5th day of September , 19 74 SEAL SECRETARY SOUTH TAHOE PUBLIC UTILITY DISTR -- NAME OF ORGANIZATION ICT (FOR LODGE OR ASSOCIATION WE CERTIFY TO THE CORRECTNESS OF THE FOREGOING INFORMATION RETIRING OFFICER • TITLE RETIRING OFFICER TITLE • r 1 SOUTH TAHOE PUBLIC UTILITY DISTRICT a (n) ® CORPORATION ❑ LODGE ASSOCIATION by its duly authorized officers, hereby establishes a 13 COMMERCIAL d SAVINGS account with WELLS FARGO BANK, N.A. ( "Bank ") and it is agreed that said account and all deposits an withdrawals made in connection therewith shall be subject to applicable state and federal banking laws and regulations, to Bank's By -Laws and all present and future amendments thereto, and to all regulations, rules and practices now or hereafter adopted by Bank with respect thereto. Bank is hereby authorized to: g i MAIL all statements, notices and vouchers to the address of the undersigned shown on Bank's records. ❑ HOLD said statements, notices and vouchers until called for by the undersigned; provided that if they are not called for within 60 days after the availability thereof Bank may, at its option, mall or deliver them to the address of the undersigned shown on Bank's records. Bank is hereby released from any claim, demand or liability arising out of the loss or non - receipt of any statement, notice or voucher mailed or delivered as herein authorized. Depositor agrees to examine carefully all statements, notices, or vouchers, and to notify Bank of any errors or irregularities promptly, and in any event within 14 days after said statements, notices, or vouchers have been made available to depositor. BY AND AUTHORIZED SIGNATURE AND TITLE AUTHORIZED SIGNATURE AND TITLE ADDRESS Box A U CITY South Lake Tahoe TELEPHONE 544 -6474 95705 ZIP CODE BI "SS Water Enterprise TAX I.D. NO. 94- 1337914 (SANK USE ONLY) . BANK REFERENCE ❑ MAST ERCHARGE MERCHANT ACCOUNT WITH US SINCE ❑TAX DEPOSITARY SERVICE OPENED BY DATE AMOUNT APPROVED BY DATE CLOSED AVERAGE BALANCE REASON SOUTH TAHOE PUBLIC UTILITY DISTRICT ACCT. WATER ENTERPRISE NO. (TITLE OF ACCOUNT) AUTHORIZED SIGNATURES TITLE ��Illa.-4 i'dr /iA4.-...gW Pre sident 1hb, .j.... .././ velle ,,` L: _ Director . . Director ...e,..,ager, ofiP 7 . Director -toc ,i-- Director ) i DA 3 (8 -73) 06245 • •