Reso 0061-05/1958 RESOLUTION NO. 61
RESOLUTION AUTHORIZING THE SAN MARCOS
COUNTY WATER DISTRICT TO BORROW THE SUM
$20,000 FROM THE FIRST NATIONAL BANK OF
VISTA
IT WAS RESOLVED that the San Marcos County Water District
borrow the sum of Twenty Thousand ($20,000) Dollars from the
First National Bank of Vista, upon such terms and conditions
as may be agreed upon between the President and the Treasurer,
provided, however, that the interest rate should not exceed
Five (5%) Percent per annum, the amount to be borrowed immediately,
the interest to be paid within the above limitation, and the terms
of repayment shall be such as agreed upon between the President and
the Treasurer, and said Bank, and the President and Secretary of
the District are authorized to execute any and a 11 documents and
do any and all acts required in securing said loan.
I, Anna D. Charlton, do hereby certify and state that
I am the duly appointed, acting and qualified Secretary of the
San Marcos County Water District and the Board of Directors
thereof, and that the foregoing Resolution No. 61 is a true
and correct copy of the Resolution adopted by the Board of
Directors of San Marcos County Water District at a special
meeting held May 27, 1958, at 7:30 P .M.
Secretary of the Board of
Directors and of San Marcos
County Water District
SEAL