Reso 1644 06/2023RESOLUTION NO. 1644
BANK RESOLUTION BY VALLECITOS WATER DISTRICT BOARD OF DIRECTORS
AUTHORIZING PERSONS TO DIRECT U.S. BANK NATIONAL ASSOCIATION
TRUST AND CUSTODY SERVICES AND REPEAL AND REPLACE RESOLUTION
NO. 1600
RESOLVED, that any one ("Senior Officer") of the following, acting alone, is
authorized, in the name and on behalf of Vallecitos Water District (Client) from time to
time, by telephonic, electronic, oral or written means, to (a) execute on behalf of Client
and deliver to Investment Services the foregoing Agreement, and (b) to delegate one or
more agents or employees of Client ("Authorized Representative") the authority, acting
alone or in combination, to take any or all of the following actions:
(i) to enter into, execute, or modify upon such terms as such Authorized
Representatives shall approve any oral or written agreement with Investment
Services relating to any securities or safekeeping transactions or issue,
(ii) to confirm any securities or safekeeping transaction or issue,
(iii) to accept or direct the transfer to Client or to any third party or accept or dispose
of any funds payable to Client pursuant to a securities or safekeeping
transaction or issue ("Payment Instructor"), and
(iv) to verify any payment instruction.
AUTHORIZED PERSONS: The names and genuine signatures, manual or facsimile,
of the authorized persons, are as follows:
NAME: GLENN PRUIM
TITLE: GENERAL MANAGER
SIGNATURE:
NAME: DOUGLAS WESTLEY OWEN
TITLE: CHIEF FINANCIAL OFFICER
SIGNATURE:
Resolution No. 1644 Paae 2
BE IT FURTHER RESOLVED, that the authority given under this Resolution shall
be retroactive and any and all acts so authorized that are performed prior to the formal
adoption hereof are hereby approved and ratified. In the event two or more resolutions
of Client are concurrently in effect, the provisions of each shall be cumulative, unless the
most recent shall specifically provide otherwise. The authority given hereby shall remain
in full force and effect, and Investment Services is authorized and requested to rely and
act thereon, until Union Bank Investment Services receives a certified copy of a further
resolution of Client amending, rescinding or revoking this Resolution.
PASSED, APPROVED AND ADOPTED by the Board of Directors of the Vallecitos
Water District at a regular meeting held on the 7th day of June, 2023 by the following roll
call vote:
AYES: BOYD-HODGSON, ELITHARP, GROSET, HERNANDEZ, PENNOCK
NOES:
ABSTAIN:
ABSENT:
Jim Her andez, President
Board o irectors
Vallecitos Water District
ATTEST:
Glenn Pruim, Secretary
Board of Directors
Vallecitos Water District