Resolution Number CVWD 00-3-7-1RESOLUTION NO. CVWD 00-3-7-1
' DEPOSIT AND INVESTMENT OF AGENCY FUNDS
AND AUTHORIZING SIGNATURES
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO
VALLEY WATER DISTRICT, DELEGATING TO THE DISTRICT TREASURER
AUTHORITY TO DEPOSIT AGENCY FUNDS AND TO INVEST AND
REINVEST AGENCY FUNDS, AUTHORIZING SIGNATURES
WHEREAS,Section 31303 of the California Water Code authorizes the
Capistrano Valley Water District to invest and reinvest available funds; and,
WHEREAS, prudent supervision of District fiscal affairs requires the deposit of
and/or the investment or reinvestment of all District monies in state or national banks or state
or federal savings and loan associations, and that the District Treasurer is hereby authorized
to establish such accounts.
NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the
Capistrano Valley Water District does hereby delegate the authority on the above -referenced
items to the District Treasurer.
BE IT FURTHER RESOLVED, that the following District Officers are hereby
authorized to draw checks on said deposit account of the Capistrano Valley Water District, and
that such authorizations are duly certified by the Clerk of the Board and on file at depositories.
Depositories are hereby authorized to honor and pay any and all checks so signed:
Wyatt Hart, Chairman, or
David M. Swerdlin, Vice Chairman, and,
George Scarborough, General Manager, or
Cynthia L. Russell, District Treasurer
BE IT FURTHER RESOLVED, that the signature of the Chairman or Vice
Chairman may be facsimiles.
PASSED, APPROVED, AND ADOPTED this 7th day of March, 2000
ATTEST:
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, CHERYL JOHNSON, Clerk of the Board of the Capistrano Valley Water
District, DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No.
CVWD nn-�;-7-1 adopted by the Capistrano Valley Water District Board of
Directors at a regular meeting thereof held on the 7th day of March
2000, by the following vote:
AYES: Directors Bathgate, Greiner, Swerdlin, Campbell
and Chairman Hart
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
CCRERYL JOHNSON, CLERK OF THE BOARD
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STATE OF CALIFORNIA )
' COUNTY OF ORANGE ) ss AFFIDAVIT OF POSTING
CITY OF SAN JUAN CAPISTRANO )
I, CHERYL JOHNSON, declare as follows:
That I am the duly appointed and qualified Clerk of the Capistrano Valley Water
District;
That in compliance with State laws of the State of California and in further
compliance with District Resolution No. 99-1-5-1, on the 9th day of
March , 2000, 1 caused to be posted:
RESOLUTION NO. CVWD 00-3-7-1 , being
DEPOSIT AND INVESTMENT OF AGENCY FUNDS
AND AUTHORIZING SIGNATURES
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO
VALLEY WATER DISTRICT, DELEGATING TO THE DISTRICT TREASURER
AUTHORITY TO DEPOSIT AGENCY FUNDS AND TO INVEST AND
REINVEST AGENCY FUNDS, AUTHORIZING SIGNATURES
' in three (3) public places in the City of San Juan Capistrano, to wit: City Hall; Community
Center Reception area, Orange County Public Library.
CHERYL JOH O ,
CLERK OF THE BOARD
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