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Spring Valley CID approves resolution to open district account at Zions Bank
Summary
The board approved Resolution 2025-R5 authorizing the opening of a district account at Zions Bank and appointing account signatories; the motion passed by voice vote at the Sept. 24 meeting.
The Spring Valley Community Infrastructure District No. 1 approved Resolution 2025-R5 on Sept. 24 to open a bank account in the district's name at Zions Bank and to appoint signatories.
A board member introduced the motion, "Madam chair, I make a motion to approve action item 2025-R5 resolution of the Spring Valley Community Infrastructure District number 1," and the Chair seconded. The resolution directs staff to open a district account at Zions Bank and to name authorized signatories; the board approved the resolution by voice vote.
No public comment or additional discussion on choice of bank or signatories was recorded during the meeting. The Chair confirmed the motion passed and the board moved to subsequent items.
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