3263-23 Authorizing Staff to Conduct Local Agency Investment Fund Transactions1
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RESOLUTION NO. 3263-23
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
AUTHORIZING CERTAIN STAFF TO CONDUCT
LOCAL AGENCY INVESTMENT FUND TRANSACTIONS
WHEREAS, the Board of Directors needs the District's financial staff to conduct
business on behalf of the South Tahoe Public Utility District (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 of the District 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, that the Board of Directors hereby authorized
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.
BE IT FURTHER RESOLVED, as follows:
Section 1. The following District officers holding the title(s) specified herein 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
Andrea Salazar Chief Financial Officer
Greg Dupree Accounting Manager
Erika Franco Accounting Supervisor
Kim Garon Accounting Technician II
1 WE, THE UNDERSIGNED, do hereby certify that the above and foregoing
2 Resolution No. 3263-23 was duly adopted and passed by the Board of Directors of the
3 South Tahoe Public Utility District at a regularly scheduled meeting held on the 21 st day
of December 2023, by the following vote:
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AYES: Haven, Romsos, Peterson, Sheehan, Exline
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7 NOES:
8 ABSENT:
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-14 i ATTEST:
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17 1 Mieionie Guttry, Cler of the Board
18 J South Tahoe Public Utility District
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26 Resolution No. 3263-23
Page 2
27 December 21, 2023
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David Peterson, Board President
South Tahoe Public Utility District