Resolution 2820-06
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RESOLUTION NO. 2820-06
A RESOLUTION OF THE BOARD OF DIRECTORS OF
THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
AUTHORIZING DESIGNATED PERSONNEL TO DETERMINE
IF PROJECT CONTRACTORS ARE IN SUBSTANTIAL COMPLIANCE
WITH THE FIRST 50% OF PROJECT, AND AT THEIR DISCRETION,
REDUCE THE RETENTION TO 5% OF THE TOTAL PROJECT
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8 BE IT RESOLVED, by the Board of Directors of the South Tahoe Public Utility
9 District, County of EI Dorado, State of California, as follows:
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General Manager, Assistant General Manager/Engineer, and Engineering
Department Manager are hereby authorized to ascertain on behalf of the District, the
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substantial completion of the first 50% of a construction project, and at their discretion,
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reduce retention from 10% to 5% of the total project value in accordance with the
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project specifications.
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WE, THE UNDERSIGNED, do hereby certify that the above and foregoing
17 Resolution was duly adopted and passed by the Board of Directors of the South Tahoe
18 Public Utility District at a regularly scheduled meeting held on the 16th day of
19 November, 2006, by the following vote:
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AYES: Directors \vallace, Jones, Schafer, Farrell, Mosbacher
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28 ATTEST:
NOES: None
ABSENT: None