Resolution No. 3169-21 Henderson LAIF1
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RESOLUTION NO. 3169-21
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
AUTHORZING CERTAIN STAFF TO CONDUCT LOCAL AGENCY
INVESTMENT FUND TRANSACTIONS
WHEREAS, the Board of Directors needs the South Tahoe Public Utility District's
(District} financial staff to conduct business on behalf of the District; and
WHEREAS, The Local Agency Investment Fund is established in the State Treasury
under Government Code section 16429.1 et. seq. for the deposit of money of a local
agency for purposes of investment by the State Treasurer; and
WHEREAS, the Board of Directors hereby finds that the deposit and withdrawal of
money in the Local Agency Investment Fund in accordance with Government Code
section 16429 .1 et. seq. for the purpose of investment as provided therein is in the best
interests of the District.
NOW THEREFORE, BE IT RESOLVED, AS FOLLOWS:
1 . The Board of Directors hereby authorizes the deposit and withdrawal of District
monies in the Local Agency Investment Fund in the State Treasury in accordance with
Government Code section 16429.1 et. seq. for the purpose of investment as provided
therein.
2.The following District officers holding the title(s) specified below or their
successors in office are each hereby authorized to order the deposit or withdrawal of
monies in the local Agency Investment Fund and may execute and deliver any and all
documents necessary or advisable in order to effectuate the purposes of the Resolution
and the transactions contemplated hereby:
Paul Hughes Chief Financial Officer
Deborah Henderson
Gregory Dupree
Kim Garon
Accounting Manager
Accounting Supervisor
Accounting Technician II
1 3.This Resolution shall remain in full force and effect until rescinded by the Board of
2 Directors by a Resolution and a copy of the Resolution rescinding this Resolution is filed
3 with the State Treasurer's Office.
4 4.This Resolution shall take effect upon its adoption by the Board of Directors.
5 WE, THE UNDERSIGNED, do hereby certify that the above and foregoing
6 Resolution No. 3169-21 was duly and regularly adopted and passed by the Board of
7 Directors of the South Tahoe Public Utility District at a regular meeting held on the 15th
8 day of April, 2021, by the following vote:
9 AYES: Cefalu, Romsos, Peterson, Sheehan, Exline
10 NOES: None
11 ABSENT: None
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ATTEST:
Melonie Guttry, C�Board South Tahoe Public Utility District
Resolution No. 3169-21 Page2 April 15, 2021
Kell� S ehan, Board President Soutli Ta hoe Public Utility District