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HomeMy WebLinkAbout1985-07-25 - Resolution No. 85-2410 RESOLUTION NO. 85- 24 RESOLUTION OF THE BOARD OF DIRECTORS OF THE YORBA LINDA COUNTY WATER DISTRICT AUTHORIZING AN INVESTMENT ACCOUNT OPENED WITH POMONA FIRST FEDERAL RESOLVED that this organization approve an account with Pomona First Federal subject to applicable rules, regulations and by-laws; that all items drawn on the account shall he 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 Pomona First Federal receives a certified copy of a resolution of the organization to the contrary; that all previous authori- zations heretofore given with respect to said account are revoked; that the revocation of this or of previous authori- zations 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 25th day of July, 1985 by the following called vote: Ayes: Directors Paul R. Armstrong, Whit Cromwell, Howard W. Lindow, William R. Mills, Jr., M. Roy Knauft, Jr. Noes: None Absent: None Abstain: None President V ATTEST: a~ /C etaY',/ I