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HomeMy WebLinkAbout1987-11-12 - Resolution No. 87-330 0 RESOLUTION NO. 87-33 RESOLUTION OF THE BOARD OF DIRECTORS OF THE YORBA LINDA WATER DISTRICT DESIGNATING PERSONNEL AUTHORIZED TO SIGN CHECKS DRAWN ON THE DISTRICT REGULAR ACCOUNT WHEREAS, the District's routine checking account requires two signatures - one staff member and co-signed by one member of the Board of Directors; and, WHEREAS, the District desires two members of the staff be authorized to sign regular District checks; and, WHEREAS, the transition of the District Assistant General Manager to Director necessitates the authorization of another staff member; and, WHEREAS, financial institutions require that those persons authorized to sign District checks be designated by a resolution of the Board of Directors, NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Yorba Linda Water District that the District establish in it's name one or more deposit accounts with Bank of Yorba Linda upon such terms and conditions as may be agreed upon with said bank, and that the President of the Board of Directors and Secretary of the District be and they are hereby authorized to establish such an account. BE IT FURTHER RESOLVED that William J. Robertson, Assistant General Manager, or Cheryl E. Gunderson, Business Manager, and Whit Cromwell, Director, or Paul R. Armstrong, Director, or Arthur C. Korn, or M. Roy Knauft, Jr., Director, Sterling L. Fox, Director of the District be, and they are hereby authorized to draw checks on said regular checking accounts of the District, signed as provided herein with signatures duly certified to said bank by the Secretary of the District, and said bank is hereby authorized to honor and pay any and all checks so signed, including those drawn to the individual order of any officer or other person authorized to sign the same. 0 PASSED AND ADOPTED this 12th day of November, 1987 by the following called vote: AYES: 5 P. Armstrong, W. Cromwell, S. Fox, R. Knauft, A. Korn NOES: 0 ABSENT: 0 ABSTAIN: 0 ATTEST: President Yorba Linda Water District