Resolution No. 2126/"0092A 15 a
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RESOLUTION NO.2126
JHHW :RJH :jr 09/14/78
A RESOLUTION ORDERING CANCELLATION OF
ASSESSMENT NO. 45 TRANSFER OF FUNDS
TO THE BOND REDEMPTION FUND
ASSESSMENT DISTRICT 1970 -1
RESOLVED, by the Board of Directors of the South Tahoe Public
Utility District, E1 Dorado County, California, that
WHEREAS, in the proceedings conducted by this Board pursuant
to Resolution of Intention No. 1500, adopted by this Board on
February 15, 1970, Assessment No. 45 was confirmed and levied upon
Assessor's Parcel No. 26- 072 -04 and set forth on the List of Unpaid
Assessments certified by the Clerk of this District on January 19,
1971, and filed with the Treasurer of the County of El Dorado and
the ex officio Treasurer of South Tahoe Public Utility District on
January 21, 1971;
WHEREAS, said assessment was not paid in whole or in part
within the 30 -day statutory period during which cash payments on
assessments could be made, and bonds have been sold and delivered to
represent the unpaid assessments, including said Assessment No. 45;
WHEREAS, the only benefit for which said assessment was levied
was a right -of- service in this District's sewage treatment and
disposal facilities; and
WHEREAS, the City of South Lake Tahoe has acquired said
Assessor's Parcel No. 26- 072 -04 and improved same for use as a City
Street, by reason of which there is no longer any possibility that
said parcel will be benefited by said right of service;
NOTE], THEREFORE, IT IS HEREBY ORDERED as
follows:
1. That said Assessment No. 45 be, and
the same is hereby cancelled.
A IA 6,
2. That there shall forthwith be transferred
from the General Fund of this District to the Bond
Redemption Fund for said bonds heretofore sold and
delivered the sum of $427.33, which sum represents
$119.65 (.to pay the amount now due and delinquent
on the unpaid assessment installments for said
-S, Assessment No. 45) plus $307.68 to prepay the re-
,%W maining assessment in the manner provided in the
Improvement Bond Act of 1915.
3. The Clerk of this District shall forward
certified copies of this resolution to the Treasurer
and County Auditor of El Dorado County.
�,ren, President
South Tahoe Public Utility District
ATTEST:
C er ex- Officio Secretary
South Tahoe Public Utility District
* * * * * * * * **
I hereby certify tht the foregoing is a full,
true and correct copy of RESOLUTION NO.2126 duly
and regularly adopted by the Board of Directors of
SOUTH TAHOE PUBLIC UTILITY DISTRICT, E1 Dorado County,
California, at a meeting thereof duly held on the 21st
day of September 1978, for the following vote;
AYES: Directors Olson, Cocking, Fieldcamp,
Jones and Kashuba
Noes: None
Absent: None
/lY
Clerk a d ex- Officio Secretary
South Tahoe Public Utility District
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