HomeMy Public PortalAboutResolution - 11-21- 20110713 - Open Hawthorns Bank Accou Cover Sheet For Scanning By ECS
Originating Department General Manager
Laserfiche Template Board Of Directors
Template Fields
Document Date: 7/13/2011
Document Type: Resolution
Preserve Name:
Keywords(No More Than
4): Open Hawthorns Bank Account
Project Name:
Project Number:
Vendor Or Other Party:
Name (First):
Name (Last):
Address:
APN Number:
Document No. 11-21
Additional Field:
Additional Field:
Additional Field:
Additional Field:
RESOLUTION NO. 11-21
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
MIDPENINSULA REGIONAL OPEN SPACE DISTRICT
AUTHORIZING THE OPENING OF A HAWTHORNS (WOODS
TRUST) FUND BANK ACCOUNT AT TORREY PINES BANK AND
ESTABLISHING FINANCIAL INSTRUMENT SIGNATORIES
The Board of Directors of the Midpeninsula,Regional Open Space District does resolve
as follows:
WHEREAS,the Midpeninsula,Regional Open Space District's Statement of Investment
Policy, dated January 12, 2011 (R-I I-11), establishes policy and procedures for District's
investments and delegates certain responsibilities for such investments to the District Controller;
and,
WHEREAS, Section 2.40 of the Rules of Procedure(required by Public Resources
Code, Division 5, Chapter 3, Article 3, Section 5536) of the Board of Directors of the
Midpeninsula,Regional Open Space District authorizes signatories to make disbursements on
behalf of the District.
NOW,THEREFORE, the Board of Directors of the Mid peninsula.Regional Open Space
District does hereby resolve as follows:
I The District Controller is authorized to open a bank account at Torrey Pines Bank for the
Hawthorns (Woods Trust) Fund. The General Manager is further authorized to sign any
applications or other related documents as necessary or appropriate for this purpose.
2. Per Section 2.40 of the Rules of Procedures: The signatories shall be the present holders
of said offices are as follows, and Torrey Pines Bank is authorized to make disbursements
on behalf of the District based on any one signature for amounts under$5,000.00 and any
two signatures for amounts of$5,000.00 and over, as set forth below:
Title Name
General Manager Stephen E. Abbors
Administration Services Manager Kate Drayson
Planning Manager Ana Ruiz
Real Property Manager Michael Williams
Operations Manager David Sanguinetti
Public Affairs Manager Rudy Jurgensen
i
i
4
RESOLUTION No. 11-21
PASSED AND ADOPTED b the Board of Directors of the Mid peninsula Y p Regional Open Space
District on July 13, 2011 at a Special and Regular Meeting thereof,by the following vote:
I
AYES: HARRIS,KISHIMOTO,HANKO,CYR,SIEMENS,RIFFLE,AND HASSETT
I
i
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
ATTEST:
APPROVED:
LQ_
Secretary resident
Board of Directors Board of Directors
I
I
I, the District Clerk of the Midpeninsula Regional Open Space District, hereby certify that
the above is a true and correct copy of a resolution duly P Y adopted b the Board of Directors of
the
Midperunsula Regional Open Space Distract by the above vote at a meeting thereof duly
held and called on the above day.
District Clerk
�f
I