HomeMy WebLinkAbout1985-07-11 - Resolution No. 85-149 0
RESOLUTION NO. 85- 14
RESOLUTION OF THE BOARD OF DIRECTORS OF THE YORBA LINDA
COUNTY WATER DISTRICT AUTHORIZING AN INVESTMENT ACCOUNT
OPENED WITH BANK OF AMERICA
RESOLVED that this organization approve an account with Bank of America
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 organization prior to the adoption of this
resolution, is hereby ratified and approved.
That this authorization shall remain effective until Bank of
America 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 payment of any overdraft created in this
account.
Passed and adopted this 11th day of July, 1985 by the following called vote:
Ayes: Whit Cromwell, Howard W. Lindow, M. Roy Knauft, Jr.,
William R. Mills, Jr.
Noes: None
Absent: Paul R. Armstrong
Abstain: None
President v
ATTEST:
Secretary /