3262-23 Authorizing Staff to Conduct Financial Transactions1
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RESOLUTION NO.3262-23
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
AUTHORIZING CERTAIN STAFF TO CONDUCT
FINANCIAL TRANSACTIONS,
SUPERSEDING RESOLUTION NO.3240-23
WHEREAS, the Board of Directors needs the District's financial staff to conduct
business on behalf of the South Tahoe Public Utility District; and
WHEREAS, the Board of Directors of the South Tahoe Public Utility District (District)
authorizes Andrea Salazar, Chief Financial Officer, and Greg Dupree, Accounting
Manager, to perform the following transactions:
1. Transfer funds between authorized bank accounts and investment pools.
2. Purchase or redeem investment instruments, as provided by the District's
Investment Policy.
3. Execute ACH/wire fund transfers between authorized District bank
accounts.
4. Establish wire fund transfers or approve electronic fund transfers to pay
District obligations.
WHEREAS, the Board of Directors of the South Tahoe Public Utility District
authorizes Erika Franco, Accounting Supervisor, and Kim Garon, Accounting Technician,
to perform the following financial transactions under the direction of, or in the absence
of, either Andrea Salazar, Chief Financial Officer, or Greg Dupree, Accounting
Manager.
1. Transfer funds between authorized bank accounts and investment pools.
2. Execute ACH/wire fund transfers between authorized District bank
accounts.
3. Execute pre -established ACH/wire fund transfers to pay District
obligations.
NOW, THEREFORE, BE IT RESOLVED, that this authorization will remain in full force
until the Board gives written notice to the contrary.
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WE, THE UNDERSIGNED, do hereby certify that the above and foregoing
Resolution No. 3262-23 was duly adopted and passed by the Board of Directors of the
South Tahoe Public Utility District at a regularly scheduled meeting held on the 21 st day
of December 2023, by the following vote:
AYES: Haven, Romsos, Peterson, Sheehan, Exline
NOES:
ABSENT:
ATTEST:
Melonie Guttry, CI rk of the Board
South Tahoe Public Utility District
Resolution No. 3262-23
Page 2
December 21, 2023
David Peterson, Board President
South Tahoe Public Utility District