HomeMy WebLinkAbout3316-25 Authorizing Certain Staff to Conduct Local Agency Investment Fund TransactionsRESOLUTION NO. 3316-25
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2 A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
3 AUTHORZING CERTAIN STAFF TO CONDUCT
4 LOCAL AGENCY INVESTMENT FUND TRANSACTIONS
5 WHEREAS, the Board of Directors needs the District's financial staff to conduct
6 business on behalf of the South Tahoe Public Utility District (District); and
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WHEREAS, The Local Agency Investment Fund is established in the State Treasury
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9 under Government Code section 16429.1 et. seq. for the deposit of money of a local
10 agency for purposes of investment by the State Treasurer; and
11 WHEREAS, the Board of Directors of the District hereby finds that the deposit and
12 withdrawal of money in the Local Agency Investment Fund in accordance with
13 Government Code section 16429.1 et. seq. for the purpose of investment as provided
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there in is in the best interests of the District.
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16 NOW THEREFORE, BE IT RESOLVED, that the Board of Directors hereby authorize the
17 deposit and withdrawal of District monies in the Local Agency Investment Fund in the
18 State Treasury in accordance with Government Code section 16429.1 et. seq. for the
19 purpose of investment as provided therein.
20 BE IT FURTHER RESOLVED, as follows:
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Section 1. The following District officers holding the title(s) specified herein below or their
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23 successors in office are each hereby authorized to order the deposit or withdrawal of
24 monies in the local Agency Investment Fund and may execute and deliver any and all
25 documents necessary or advisable in order to effectuate the purposes of the Resolution
26 and the transactions contemplated hereby:
27 Andrea Salazar Chief Financial Officer
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Greg Dupree Accounting Manager
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30 Erika Franco Accounting Supervisor P C
1 Section 2. This Resolution shall remain in full force and effect until rescinded by the Board
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of Directors by a Resolution and a copy of the Resolution rescinding this Resolution is filed
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with the State Treasurer's Office.
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5 WE, THE UNDERSIGNED, do hereby certify that the above and foregoing Resolution
6 no. 3316-25 was duly and regularly adopted and passed by the Board of Directors of the
7 South Tahoe Public Utility District at a regular meeting held on the 17th day of July 2025, by
8 the following vote:
9 AYES: Haven, Romsos, Hende0son, Sheehan, Exline
10 NOES:
11 ABSENT:
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Shane Romsos, Board President
15 South Tahoe Public Utility District
16 ATTEST:
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18 z�C�
19 Melonie Guttry, Clerk of the Board
20 South Tahoe Public Utility District
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Resolution No. 3316-25
30 July 17, 2025