Resolution 2419
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RESOLUTION NO. 2419
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A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLI
UTILITY DISTRICT AUTHORIZING TAX EXCHANGE RESULTING
FROM ANNEXATION BY THE LAKE VALLEY FIRE PROTECTION
DISTRICT
4 BE IT RESOLVED, by the BOARD OF DIRECTORS of the South
5 Tahoe Public Utility District, County of El Dorado, State of
6 California, as follows:
7 WHEREAS, the Lake Valley Fire Protection District has
8 proposed to annex the Echo Summit area, thus requiring the El
9 Dorado County Auditor and Assessor to propose a change in the
10 allocation of tax revenues, and
11 WHEREAS, the Auditor has recommended a reallocation
12 of tax revenues to accom~te the proposed Annexation. Said
13 recommended allocation would reduce the allocation to the South
14 Tahoe Public Utility District from 14.471% ($1,308/1986-87
15 allocation) to 10.324% ($933/1986-87 proposed allocation) a
16 reduction of $375 annually, and
17 WHEREAS, said proposed allocation would affect the
18 District's current tax base by only 0.0002%.
19 NOW THEREFORE BE IT RESOLVED, that the Board of
20 Directors does hereby authorize the tax exchange as proposed by
21 Auditor-Controller, Larry D. Klaus, by memorandum dated
October 16, 1986, and
BE IT FURTHER RESOLVED, that the Clerk of the Board is
directed to transmit this Resolution to the Local Agency Form-
ation Commission.
PASSED AND ADOPTED at a duly held regular meeting of
the Board of Directors of the South Tahoe Public Utility District
on the 20th day of November, 1986, by the following vote:
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Resolution No. 2419
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AYES: Directors Wynn, Mason, Madden, Jones, Olson
NOES: None
ABSENT: None
OF BOARD
UTILITY DISTRICT
10 ATTEST:
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PAT A. MAMA;H:(C~ERK OF BOARD
12 SOUTH TAHOE PUBLIC UTILITY DISTRICT
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