Title
Resolution - Approval of Revisions to the Capitalization Policy - J Davis
Other Info
Submitted By: Susanne Greenseth
Department: Chief Financial Officer
Financial Impact and Cost/Benefit Considerations:
Discussion
Pursuant to the Board’s Policy on Policies, the Board routinely reviews all policies as part of its policy management. The Board may now consider review of Capitalization Policy. The Policy was last reviewed in July, 2016.
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS that pursuant to its regular review of Board policies, the Board has reviewed and adopts the Capitalization Policy presented to and discussed by the Board this day, with any amendments, as were discussed and approved by the Board; and
BE IT FURTHER RESOLVED that the Chief Executive Officer, or designees, are hereby authorized to take all such action necessary to implement this resolution.