HomeMy WebLinkAbout3317-25 Authorizing Certain Staff to Conduct Financial Transactions Superseding 3262-231 RESOLUTION NO. 3317-25
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3 A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
4 AUTHORIZING CERTAIN STAFF TO CONDUCT
5 FINANCIAL TRANSACTIONS,
SUPERSEDING RESOLUTION NO. 3262-23
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7 WHEREAS, the Board of Directors needs the District's financial staff to conduct
8 business on behalf of the South Tahoe Public Utility District; and
9 WHEREAS, the Board of Directors of the South Tahoe Public Utility District (District)
10 authorizes Andrea Salazar, Chief Financial Officer, and Greg Dupree, Accounting
11 Manager, following transactions:
12 1. Transfer funds between authorized bank accounts and investment pools.
13 2. Purchase or redeem investment instruments, as provided by the District's
14 Investment Policy.
15 3. Execute ACH/wire fund transfers between authorized District bank
accounts.
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4. Establish wire fund transfers or approve electronic fund transfers to pay
17 District obligations.
18 WHEREAS, the Board of Directors of the South Tahoe Public Utility District authorizes
19 Erika Franco, Accounting Supervisor, to perform the following financial transactions
20 under the direction of or in the absence of either Andrea Salazar, Chief Financial Officer,
21 or Greg Dupree, Accounting Manager.
22 1. Transfer funds between authorized bank accounts and investment pools.
23 2. Execute ACH/wire fund transfers between authorized District bank
24 accounts.
25 3. Execute pre -established ACH/wire fund transfers to pay District obligations.
NOW, THEREFORE, BE IT RESOLVED, that this authorization will remain in full force
26 until the Board gives written notice to the contrary.
27 WE, THE UNDERSIGNED, do hereby certify that the above and foregoing Resolution
28 No. 3317-25 was duly adopted and passed by the Board of Directors of the South Tahoe
29 Public Utility District at a regularly scheduled meeting held on the 17th day of July, 2025
30 by the following vote:
1 AYES: Haven, Romsos, Henderson, Sheehan, Exline
2 NOES;
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ABSENT:
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Shane Romsos, Board President
7 South Tahoe Public Utility District
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ATTEST:
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Melon,e Guttry, &rk of t Board
13 South Tahoe Public Utility District
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Resolution No. 3317-25
30 July 17, 2025