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Resolution 2790-04 Superseded -. '-' ..., 1 2 3 4 5 6 7 8 9 10 11 RESOLUTION NO. 2790-04 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT AUTHORIZING CERTAIN STAFF TO CONDUCT FINANCIAL TRANSACTIONS, SUPERSEDING RESOLUTION NO. 2739-02 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 Rhonda McFarlane, Chief Financial Officer, and Deborah Henderson, Accounting Manager, 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. Execute wire fund transfers between authorized District bank accounts. 12 13 14 3. 15 4. Establish wire fund transfers or approve electronic fund transfers to pay 16 District obligations. 17 WHEREAS, the Board of Directors of the South Tahoe Public Utility District 18 authorizes Theresa Sherman, Accounting Technician, to perform the following financial 19 transactions under the direction of or in the absence of either Rhonda McFarlane, Chief Financial Officer, and Deborah Henderson, Accounting Manager. 1 . Transfer funds between authorized bank accounts and investment pools. 2. Execute wire fund transfers between authorized District bank account. 3. Execute pre-established wire fund transfers to pay District obligations. NOW, THEREFORE, BE IT RESOLVED, that this authorization will remain in full 20 21 22 23 24 force until the Board gives written notice to the contrary. 25 We, the undersigned, do hereby certify that the above and foregoing resolution 26 was duly and regularly adopted and passed by the Board of Directors of the South 27 Tahoe Public Utility District at a regular meeting duly held on the 17th day of June, 28 2004, by the following vote: 29 //11111111111//11 30 IIIIIIIIIIIIIIII -1- 1 \., 2 3 4 5 6 7 \.., 8 9 10 11 12" 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 '- Resolution No. 2790-04 June 17, 2004 Page 2 AYES: Directors Wallace, Schafer, Jones, Comte, Mosbacher NOES: None ABSENT: None ATTEST: '~P(!$,I<5~ ~ Kathy Shar erk of the B rd and Ex-officio Secretary to the Board of Directors -2-