HomeMy WebLinkAboutResolution 1988 - 0013RESOLUTION NO.88-13
AUTHORIZING THE ESTABLISHMENT OF MISCELLANEOUS
BANKING ACCOUNTS
A JOINT RESOLUTION OF THE BOARDS OF DIRECTORS
OF COUNTY SANITATION DISTRICTS NOS.1,2,3,
5,6,7,11,13 AND 14 OF ORANGE COUNTY,
CALIFORNIA,AUTHORIZING THE ESTABLISHMENT OF
MISCELLANEOUS BANKING ACCOUNTS;ESTABLISHING
POLICIES GOVERNING THE TRANSACTIONS RELATED
THERETO;AND DESIGNATING EMPLOYEES TO ACT ON
THE DISTRICTS’BEHALF FOR SAID ACCOUNTS
***.************
WHEREAS,most financial transactions of the Districts involving a transfer
of funds are processed by the Districts through accounts and funds on deposit
with the Orange County Treasurer,who,by State Law and -District agreement,is
the ex—officio treasurer of the County Sanitation Districts;and,
WHEREAS,there.are three (3)categories of transactions handled by the
Districts which require daily accounting and fund transfers,to wit:(1)Petty
Cash;(2)Self-Funded Workers’Compensation;and.(3)Self-Funded Employee
Health Insurance;and,
WHEREAS,in order to properly manage these daily transactions,the
Districts need depository accounts with banks and/or savings and loan
associations.
NOW,THEREFORE,the Boards of Directors of County Sanitation Districts
Nos.1,2,3,5,6,7,11,13 and 14 of Orange County,California,
DO HEREBY RESOLVE,DETERMINE AND ORDER:
Section 1 That the Districts’General Manager is authorized to designate,
by written directive,certain employees,or contract agents acting as District
administrators for workers’compensation or health expense claims,who are
empowered to act on the Districts’behalf relating to making deposits,issuing
—1—
checks,ordering transfer of funds and signing bank documents related solely to
those transactions.The designated employees or agents shall be listed by name
in the General Manager’s written directive and may be changed from time to time
at his discretion.The employees shall be the incumbents of the following job
classifications:
-General Manager
—Director of Finance
—Chief Administrative Assistant
—Accounting Supervisor
—Principal Administrative Assistant (Finance)
—Senior Accounting Technician
—Such other similar positions as designated by
the General Manager
—Such agents who act as administrators for the
Districts pursuant to written agreement
approved by the General Counsel
Section 2 That the General Manager or designated employees are
authorized to establish in the name of the Districts one or more deposit
accounts with those depositories set forth in Section 3 below,upon such terms
and conditions as may be agreed upon with said depositories.Said accounts
shall be for the purpose of handling the transfer of funds related to:
(A)Districts’Petty Cash Fund
(B)Districts’Self-Funded Workers’Compensation
Insurance Fund
(C)Districts’Self—Funded Employee Health
Insurance Fund
—2—
Section 3 That the following depositories are approved for the deposit of
Districts’funds:
—All state and national banks
—Savings associations or federal associations
or credit unions in Orange County that
meet the requirements of California -
Government Code Sections 53630 through 53684
inclusive
Section 4 That the General Manager or designated employees,but not
Districts’contract agents,are authorized to execute Telephone Transfer Service
Agreements or Authorizations,Funds Transfer Agreements and Funds Transfer on
Oral Instruction Agreements with any authorized depository;and,
Section 5 That all withdrawal of monies by and on behalf of the Districts
from the authorized accounts shall be signed by any one person designated by the
General Manager in the Bank—Depositor Agreements unless said agreements
specifically provide for two authorized signatures;and,
Section 6 That the authority delegated hereby to the Districts’General
Manager is made to J.Wayne Sylvester,whose sign~’~ire app~ar~s after his name:
J.Wayne Sylvester
PASSED AND ADOPTED at a regular meeting held February 10,1988.
—3—
•~~•••0 ~
STATE OF CALIFORNIA)
)SS.
COUNTY OF ORANGE )
I,RITA J.BROWN,Secretary of the Boards of Directors of County
Sanitation Districts Nos.1,2,3,5,6,7,11,13 and 14 of Orange County,
California,do hereby certify that the foregoing Resolution No.88-13 was
passed and adopted at a regular meeting of said Boards on the 10th day of
February,1988,by the following vote,to wit:
AYES:Margaret M.Arnold,Ben Bay,Roland E.Bigonger,A.B.“Buck”
Catlin,John C.Cox,Jr.,Noman E.Culver,Richard B.Edgar,
Don R.Griffin,Dan Griset,Robert Hanson,Evelyn Hart,Ronald
B.Hoesterey,Ursula E.Kennedy,William D.Mahoney,Philip
Maurer,Tom Mays,Darryl G.Miller,J.Todd Murphy,James Neal,
Arthur G.Newton,Bob Perry,Richard 1.Polls,Don R.Roth,Sal
Sapien,J.R.“Bob”Siefen,Wayne Silzel,Don E.Smith,Roger
R.Stanton,Charles E.Sylvia,James A.Wahner,Grace Winchell,
Edna Wilson
NOES:None
ABSENT:Gene A.Leyton,Sally Anne Miller,Carrey J.Nelson,John H.
Sutton
IN WITNESS WHEREOF,I have hereunto set my hand and affixed the official
seal of County Sanitation District No.1 on behalf of itself and Districts
Nos.2,3,5,6,7,11,13 and 14 of Orange County,California,this 10th day
of February,1988.
Rita J.Brown,Secretary
Boards of Directors,County
Sanitation Districts Nos.1,2,3,5,
6,7,11,13 and 14 of:Orange County,
California