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HomeMy WebLinkAbout1984-12-27 - Resolution No. 84-304- W RESOLUTION NO. 84-s"0 RESOLUTION OF THE BOARD OF DIRECTORS OF THE YORBA LINDA COUNTY WATER DISTRICT AUTHORIZING AN INVESTMENT ACCOUNT OPENED WITH WESTERN EMPIRE. SAVINGS F, LOAN ASSOCIATION RESOLVED that this organization open an account with WESTERN EMPIRE SAVINGS & LOAN ASSOCIATION subject to applicable rules, regulations and by-laws; that all items drawn on the account shall be signed with the District name followed by the Board authorized signature. That all activity in the account, as evidenced by statements received by this organziation prior to the adoption of this resolution, is hereby ratified and approved. That this authorization shall remain effective until Western Empire Savings & Loan Association receives a certified copy of a resolution of the organization to the contrary; that all previous authorizations heretofore given with respect to said account are revoked; that the revocation of this or of previous authorizations with respect to said account shall not affect the validity of any item signed or endorsed by any person or persons at the time authorized to act; and that this organization guarantees pay- ment of any overdraft created in this account. Passed and adopted this 27th day of December 1984 by the following called vote: Ayes: Directors Paul Armstrong, Whit Cromwell, Howard Lindow M. Roy Knauft Noes: None Absent: None Abstain: None ATTEST: President Secretary