Resolution No. 2149r
RESOLUTION NO.--
A RESOLUTION OF THE BOARD OF DIRECTORS OF
THE SOUTH TAHOE PUBLIC UTILITY DISTRICT TO
PURCHASE A FIXED TIME CERTIFICATE IN THE
AMOUNT OF $10,000 TO BE PURCHASED IN THE
NAME OF THE CALIFORNIA MICE REGICNAL PLANNING
AGENCY AS A SECURITY DEPOSIT FOR THE WATER
SYSTEM DISTMIBUTTCN IMPROVEMENTS
BE IT RESOLVED by the Board of Directors of the SOUTH TAHOE
PUBLIC UTILITY DISTRICT, County of E1 Dorado, State of California, as
follows:
That, SOUTH TAHOE PUBLIC UTILITY DISTRICT purchase a FIXED `i'IPE
CERTIFICATE in the amount of $10,000 in the name of the CALIFORNIA
TAHOE REGIONAL PLANNING AGENCY, as a Security Deposit for the WATER
SYSTEM DISTRIBUTI(IN IMPROVEN=S, as required by the conditions numbers
27 and 78 of the permit issued by CALIFOR\TIA TAHCE REGICNAL PIRgNI24G
AGENCY for the WATER SYSTEM. DISTRIBUrT.CN IMPROVEMENTS.
FIXED TIME CERTIFICATE to be purchased from the BANK OF AMERICA,
upon sud1 terms and conditions as may be agreed upon with said BANK, and
any of the two following named persons is authorized for and on behalf of,
and in the name of this ORGANIZATICN, to endorse and deliver to said BANK,
for any purpose and to any amount commerical paper of any kind, negotiable
or non - negotiable, executed by others and owned, or held, or payable to
this ORGANIZATICN, and that all authorizations with respect to this account
shall remain effective until BANK receives written notice of revocation at
the office where this is maintained.
Iorrene L. Kashuba President
Raymond A. Fieldcanp Director
F.J. Cocking Director
James R. Jones Director
Walter "Neal" Olson Director
PASSED AND ADOPTED AT a regular meeting of the Board of Directors of
SOUTH TAHOE PUBLIC UTILITY DISTRICT, on the 19 day of "U1 1979,
by the following votes:
AYES: DIRECTORS :Kashuba, Cocking, Fieldcamp, Jones.
NOES: DIRECTORS:None
ABSENT: DIRECTOR: Olson
r_enaslfaba,
South Tahoe Public Utility District
ATTEST:
Mary D. rO , CleY cOy' Boat
South Tahoe Public Utility District
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I HEREBY CERTIFY THAT THE FOREGOING IS A FULL, TRUE
AND CORRECT COPY OF A RESOLUTION DULY AND REGULARLY
ADOPTED BY THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC
UTILITY DISTRICT, EL DORADO COUNTY, CALIFORNIA, AT A
MEETING THEREOF DULY HELD ON THE
DAY OF , 1979, BY THE
FOLLOWIN VOTE;
AYES DIRECTORS COCKING ,FIELDCAMP,,JONES,KASHUBA
NOES DIRECTORS; NONE
ABSENT: DIRECTORS; DIRECTOR W.N,OLSON
UER-K AN EXYUFFICIO SECRETARY OF THE
BOARD DIRECTORS OF THE
SOUTH HOE PUBLIC UTILITY DISTRICT
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