HomeMy WebLinkAbout1988-03-24 - Resolution No. 88-140
RESOLUTION NO. 88-14
RESOLUTION OF THE BOARD OF DIRECTORS
OF THE YORBA LINDA WATER DISTRICT
IMPLEMENTING A $10.00 PER RETURNED CHECK CHARGE
WHEREAS, the business of the District requires collection of a large
volume of checks daily; and,
WHEREAS, certain checks are regularly returned by the bank as
uncollectable; and,
WHEREAS, the District incurs expense with the processing of each
returned check,
NOW, THEREFORE, be it resolved by the Board of Directors ot- the Yorba
Linda Water District that a $10.00 charge will be applied to a customer's
account for each returned item.
PASSED AND ADOPTED this 24th day of March, 1988 by the following called
vote:
Ayes: 4 Whit Cromwell, Sterling Fox, Arthur C. Korn, Roy Knauft
Noes: 0
Absent: 1 Paul Armstrong
Abstain: 0
laj
President
Yorba Linda Water District
Attest:
Secretary
Yorba Linda Water Distri