Resolution 2175
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RESOLUTION NO. 2175
A RESOLUTION AMENDING RESOLUTION OF INTENTION
TO MAKE ACQUISITIONS AND IMPROVEMENTS
FALLEN LEAF LAKE
FOREST SERVICE PERMITTEES -
ASSESSMENT DISTRICT 1979-1
RESOLVED, by the Board of Director's of the South Tahoe Public Utility
District, El Dorado County, California, that
WHEREAS, this Council, on August 16, 1979, adopted Resolution No. 2156,
A Resolution of Intention to Make Acquisitions and Improvements;
WHEREAS, the rights of service and use described in paragraph 2 of
Exhibit "A" to said Resolution of Intention do not need to be acquired for the
properties within the assessment district for the reason that the sewage
treatment and disposal capacity required for said properties will be charged
against capacity rights heretofore acquired by the United States Department of
Agriculture, Forest Service;
WHEREAS, it appears possible that the maximum interest rate for bonds
issued under and pursuant to the Improvement Bond Act of 1915 will be
increased by the California State Legislature prior to sale of the bonds
proposed to be issued in these proceedings;
NOW, THEREFORE, IT IS HEREBY ORDERED that the description of
acquisitions and improvements in said Resolution No. 2156, as set forth in
Exhibit "A" thereto be and the same is hereby amended by deletion of said
paragraph 2 from said Exhibit "A" attached to said Resolution No. 2156, and
that paragraph No. 13 of said Resolution No. 2156 be amended to read as
follows:
7'S
13. Notice is hereby given that serial bonds to
represent unpaid assessments, and bear interest at the
rate of not to exceed eight percent (8%) per annum, or
such higher rate of interest as may be authorized by
applicable law at the time of sale of such bonds, will be
issued hereunder in the manner provided by the
Improvement Bond Act of 1915, Division 10 of the Streets -
and Highways Code, the last installment of which bonds
shall mature not to exceed nineteen (19) years from the
second day of July next succeeding ten (10) months from
their date.
s/ WALTER NEAL OLSON
President
South Tahoe Public Utility District
ATTEST:
S/ MARY D. AMBROSE
Clerk and ex officio Secretary
I hereby certify that the foregoing is a full, true and correct copy of
Resolution No. 2175 duly and regularly adopted by the Board of Directors of
the South Tahoe TTic Utility District, E1 Dorado County, California, at a
meeting thereof duly held on the 21 day of FEBRUARY 1980, by the
following vote:
AYES, and in favor thereof, Directors: KASHUBA, MADDEN, WYNN,
JONES, OLSON
NOES, Directors: NONE
ABSENT, Directors: NONE
s/ MARY D. AMBROSE
Clerk and ex officio Secretary
South Tahoe Public Utility District
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