Resolution No. 2148l w
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r RESOLUTION NO. 2148
W 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 TAHOE REGIONAL PLANNING
AGENCY AS A SECURITY DEPOSIT FOR THE REPAIR OF
THE LUTHER PASS PIPELINE AND SURGE PIPELINE
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
TIME - CERTIFICATE in the amount of $10,000 in the name of the CALIFORNIA
TAHOE REGIONAL PLANNING AGENCY, as a Security Deposit for the REPAIR OF
THE LUTHER PASS PIPELINE AND SURGE PIPELINE PROJECT, as required by the
conditions numbers 27 and 78 of the permit issued by CALIFORNIA TAHOE
Aw REGIONAL PLANNING AGENCY for the REPAIR OF THE LUTHER PASS PIPELINE AND
SURGE PIPELINE PROJECT.
FIXED TIME CERTIFICATE to be purchased from the BANK OF
AMERICA, upon such terms and conditions as may be agreed upon with said
BANK, and any of two following named persons is authorized for and on be-
half of, and in the name of this ORGANIZATION, 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 ORGANIZATION, 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.
Lorrene L. Kashuba President
Raymond A. Fieldcamp 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 19th day of July 1979,
by the following votes:
AYES: DIRECTORS Rushuba, Corking, Fieldca-p, Jones
NOES: DIRECTORS None
ABSENT: DIRECTOR Olson
4 orre " ne --l L. as u a, President
ATTEST: South Tahoe Public Utility District
a y r m ose, er o oar
South ahoe Public Utility District
0
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, CALIFO AT A
MEETING THEREOF DULY HELD ON THE DAY OF _ _ j 1979, BY THE
FOLLOW ?lV ;
IL Aw
AYES 'D,IRECTORS COCKING, FIELDCAMP,JONES, KASHUBA
NOES; DIRECTORS; N ONE
ABSENT DIRECTORS W,N,OLSON
ULEk K A E�-UFF I C I O SECRETARY OF THE
OARD QF DIRECTORS OF THE
OUTH TAHOE PUBLIC UTILITY DISTRICT
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