Resolution 2528
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RESOLUTION NO. 2528
A RESOLUTION OF THE BOARD OF DIRECTORS
SOUTH TAHOE PUBLIC UTILITY DISTRICT
ORDERING CHANGES AND MODIFICATIONS
WITH RESPECT TO FALLLEN LEAF LAKE
ASSESSMENT DISTRICT 1990-1
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BE IT RESOLVED, by the Board of Directors (the "Board")
of the South Tahoe Public utility District
(the "District"),
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County of El Dorado, State of California, as follows:
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WHEREAS, on April 19, 1990, this Board adopted
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Resolution No. 2517, A Resolution of Intention to Make
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Acquisitions and Improvements;
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WHEREAS, the changes and modifications hereinafter
ordered will not increase the total amount of the assessment or
12 the amount of any individual assessment nor eliminate or add any
13 acquisitions or work which will substantially and adversely
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alter or affect the benefits to be derived from the work and
15 acquisitions;
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WHEREAS, the public interest, convenience and necessity
17 require the changes and modifications hereinafter ordered;
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WHEREAS, the District Engineer has filed with the Clerk
19 of the Board proposed revisions to the Engineer's Report as
20 preliminarily approved by this Board, to wit: revisions in the
2] estimate of costs as set forth in Exhibit "A" attached hereto
22 and made a part hereof;
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NOW, THEREFORE, BE IT RESOLVED by the Board of
24 Directors of the South Tahoe Public Utility District that:
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RESOLUTION NO. 2528
Page - 2
Changes and modifications be made in estimate of costs
as set forth in "Exhibit A" attached hereto and made a part
hereof.
PASSED AND ADOPTED by the Board of Directors of the
South Tahoe Public utility District at a duly held regular
meeting on the 7th day of June, 1990 by the following vote:
AYES:
Directors Mason, Walker, Sinclair, Pierini
NOES:
Director Onysko
ABSTAIN:
None
ABSENT:
None
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ROBERT MASON, C~IRMAN OF BOARD
SOUTH TAHOE PUBLIC UTILITY DISTRICT
ATTEST: Pcd a :::Jf~
PAT A. MAMATH, CLERK OF BOARD
SOUTH. TAHOE PUBLIC UTILITY DISTRICT
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SOUTH TAHOE PUBLIC UTILITY DISTRICT
FALLEN LEAF LAKE ASSESSMENT DISTRICT 1990-1
ENGINEER'S COST ESTIMATE
l. CONSTRUCTION COST
a. All Public Improvements $ $ 923,000
2. ACQUISITIONS
a. Completed Improvements $
b. Lands. Easements, Rights-of-Way $
c. Rights of Service and Use $
d. Outstanding Assessments $
3. INCIDENTALS ,
a. Consl1-ucllon and. Acqulslllon:
( 1) EngineeI1ng $f\f\,f\qR
(2) ~~~H~K~ EIR $?1.nnn
(3) Construction Surveying $
(4) Inspecllon Fees $qn.nnn
b. Costs of Issuance:
(1) Assessment Engineering $ 9.000
~ (2) Bond Administration and
Hegistrallon $ 10.000
'.;;:: (3) Bond Prlnl1ng $
(4) Legal Publications, Auditor
Hecord. Hecordlngs, MnlliI1gs $ 12,000
(5) Bond Reserve Fund $114.000
(6) Bond Discount $20,000
(7) Legal Fees (Bond Counsel) $20,000
(8) Lc1.(al Fees (OLher) $ li,.Jl.CLL-
(U) Cupllllllzcd. Bund. lulcrcsL 1\\ 11\ 3 7 7 . 6 9 8
4. CONTINGENCIES $ 36,000
TOTAL PROJECT COST $ 1,336,698
Estimated Improvement Fund Earnings ($ 19,000
EsLimated Contributions ($
TOTAL TO ASSESSMENT $ 1,317,698
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EXHIBIT "A"
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