Resolution #21-13: Authority to Spend Funds and Sign Checks

Date of Adoption: February 4, 2021

WHEREAS, the Vernon Township Municipal Utilities Authority is in need of a formal policy regarding the signing of checks;

WHEREAS, the Vernon Township Municipal Utilities Authority has considered this issue in an effort to have the most efficient operations;

NOW, THEREFORE BE IT RESOLVED that all checks of the Vernon Township Municipal Utilities Authority shall require two signatures. One of the signatures must always be the Vernon Township Municipal Utilities Authority CFO. The other signature can be the Chair, Chair Person or the Vice Chair Person.

NOW, THEREFORE BE IT FURTHER RESOLVED that the Secretary of the Board shall keep this resolution with the adopted Rules and Regulations as an official record of the Vernon Township Municipal Utilities Authority.