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Resolution No. 870RESOLUTION NO. 8 ? 0 A RESOLUTION OF THE BOARD OF DIRECTORS OF SOUTH TAHOE PUBLIC UTILITY DISTRICT TO ESTABLISH IN ITS NAME WITH CROCKER-CITZENS BANK A DEPOSIT ACCOUNT ENTITLED SOUTH TAHOE PUBLIC UTILITY DISTRICT IMPROVEMENT DISTRICT U-I BE IS RESOLVED by the Board of Directors of the SOUTH TAHOE PUBLIC UTILITY DISTRICT, Coun'ty of E1 Dorado, State of California, as follows: That, SOUTH TAHOE PUBLIC UTILITY DISTRICT establish in its name a deposi't account entitled SOUTH TAHOE PUBLIC UTILITY DISTRICT IMPROVEMENT DISTRICT U - I wi'th Crocker - Citzens Bank 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and conditions as may be agreed upon with said Bank and any of the following named persons, and that funds shall be withdrawn from said account on checks of this organization signed by any two (2) of ;the following named persons: Robert W. Fesler Robert Wakeman Edward E. Hegarty George Melikean, Donald H. Kor'tes Sr. Chairman Director D [re ct or Dire ctor D ire ct or 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 cert[fica'tion 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. -2- RESOLUTION NO. 870 PASSED AND ADOPTED at a regular meeting of the Board of Directors of SOUTH TAHOE PUBLIC UTILITY DISTRICT on the 20th of July 1967, by the following vote: AYES: Directors Fesler, lNakeman, Kortes, Hegarty & Melikean NOES: None ABSENT: None Robert IN. Fesler, President SOUTH TAHOE PUBLIC UTILITY DIS TRI C T ATTY': ~ //~h~ ~ DAVID W. CALLAHAN, Clerk of Board & ex- Officio Se cre'tary 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 DIST.RICT, County of E1 Dorado, State of California, and ex-officio Secretary of the Board of Directors thereof, do hereby certify that the attached RESOLUTION NO._82fl__ 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 2Oth of luly 1967, and 'that the original of said Resolution is 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 Fesler, INakeman, NOES: None. ABSENT: None (SEAL) Kortes, Hegarty & Melikean DAVID IN. CALLAHAN, Clerk of Board and Ex-Offico Secretary SOUTH TAHOE PUBLIC UTILITY DISTRICT.