3241-23 Authorizing Staff to Conduct Local Agency Investment 1 RESOLUTION NO. 3241-23
2 A RESOLUTION OF;THE BOARD OF DIRECTORS
3 OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
4 AUTHORZING CERTAIN STAFF TO CONDUCT
5 LOCAL AGENCY INVESTMENT FUND TRANSACTIONS
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7 WHEREAS, the Board of Directors needs the District's financial staff to conduct
8 business on behalf of the South Tahoe Public Utility District (District); and
9 WHEREAS, The Local Agency Investment Fund is established in the State Treasury
10 under Government Code section 16429.1 et. seq. for the deposit of money of a local
11 agency for purposes of investment by the State Treasurer; and
12 WHEREAS, the Board of Directors of the District hereby finds that the deposit and
13 withdrawal of money in the Local Agency Investment Fund in accordance with
14 Government Code section 16429.1 et. seq. for the purpose of investment as provided
15 there in is in the best interests of the District.
16 NOW THEREFORE, BE IT RESOLVED, that the Board of Directors hereby authorized
17 the deposit and withdrawal of District monies in the Local Agency Investment Fund in
18 the State Treasury in accordance with Government Code section 16429.1 et. seq. for
19 the purpose of investment as provided therein.
20 BE IT FURTHER RESOLVED, as follows:
21 Section 1. The following District officers holding the title(s) specified herein below or
22 their successors in office are each hereby authorized to order the deposit or withdrawal
23 of monies in the local Agency Investment Fund and may execute and deliver any and
24 all documents necessary or advisable in order to effectuate the purposes of the
25 Resolution and the transactions contemplated hereby:
26 Paul Hughes Chief Financial Officer
27 Greg Dupree Accounting Manager
28 Erika Franco Accounting Supervisor
29 Kim Garon Accounting Technician II
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1 Section 2. This Resolution shall remain in full force and effect until rescinded by the
2 Board of Directors by a Resolution and a copy of the Resolution rescinding this
3 Resolution is filed with the State Treasurer's Office.
4 WE, THE UNDERSIGNED, do hereby certify that the above and foregoing
5 Resolution no. 3241-23 was duly and regularly adopted and passed by the Board of
6 Directors of the South Tahoe Public Utility District at a regular meeting held on the 161"
7 day of February 2023, by the following vote:
8 AYES: Haven, Romsos, Peterson, Sheehan, Exline
9 NOES: None
10 ABSENT: None
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13 vid Peterson, Board President
14 South Tahoe Public Utility District
15_ l`ATTEST:
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16 _
='�8 Meioriie Guttry, Jerk of the Board
_So"uht Tahoe Public Utility District
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Resolution No.3241-23
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February 16,2023
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