Resolution 2983-15 1 RESOLUTION NO. 2983-15
2 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
3 SOUTH TAHOE PUBLIC UTILITY DISTRICT
ADOPTING A STATEMENT OF INVESTMENT POLICY AND
4 SUPERSEDING RESOLUTION NO. 2954-14
5
6 BE IT RESOLVED, by the Board of Directors of the South Tahoe Public Utility District,
7 County of EI Dorado, State of California, as follows:
$ WHEREAS, the South Tahoe Public Utility District enters into various investments
9 from time to time on behalf of the District as permitted by the California Government
10 Code and the District's Investment Policy; and,
11 WHEREAS, the South Tahoe Public Utility District staff wish to update the
�2 Statement of Investment Policy to enhance the South Tahoe Public Utility District's
13 opportunities for prudent and systematic investments, to delegate the Chief Financial
14 Officer as the investment officer of the District, and to update cerfain language
15 °ccording to the California Government Code; and,
16 NOW, THEREFORE BE IT RESOLVED, by the Board of Directors of the South Tahoe
�7 Public Utility District that;
�$ The attached Statement of Investment Policy is hereby adopted and becomes a
�9 part of this Resolution by reference herein.
20 WE, THE UNDERSIGNED, do hereby certify that the above and foregoing
2� Resolution was duly and regularly adopted and passed by the Board of Directors of the
22 South Tahoe Public Utility District at a regular meeting duly held on the 2nd day of
23 July, 2015, by the following vote:
24 AYES: Cefalu, Jones, Vogelgesang, Sheehan, Wallace
NOES: None
25 ABSENT: None
26
Randy Vogelgesang, Board President
27 South Tahoe Public Utility District
28 ATTEST:
29 ,
30 `��/�
Melonie Guttry, Clerk of the Board