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HomeMy WebLinkAbout1985-06-27 - Resolution No. 85-130 0 RESOLUTION NO. 8513 RESOLUTION OF THE BOAD OF DIRECTORS OF THE YORBA LINDA COUNTY WATER DISTRICT AUTHORIZING AN INVESTMENT ACCOUNT OPENED WITH IMPERIAL SAVINGS ASSOCIATION RESOLVED that this organization Association subject to by-laws; that all items with the District name signature. open an account with Imperial Savings applicable rules, regulations and drawn on the account shall be signed followed by the Board authorized That all activity in the account, as evidenced by statements received by this organization prior to the adoption of this resolution, is hereby ratified and approved. That this authorization shall remain effective until Imperial Savings 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 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 payment of any over- draft created in this account. Passed and adopted this 27th day of June, 1985 by the following called vote: Ayes: Directors Paul Armstrong, Whit Cromwell, Howard Lindow, M. Roy Knauft, Jr. Noes : None Absent: Director William R. Mills, Jr. Abstain: None President ATTEST: Secret)K