Resolution No. 2090R
RESOLUTION NO. 2090
A RESOLUTION DIRECTING MAKING OF AMENDED ASSESS-
MENT RE CERTAIN ASSESSMENTS UNDER RESOLUTION OF
INTENTION NO. 497
PROJECT NO. 19_ 66-1
RESOLVED, by the Board of Directors of the South Tahoe
Public Utility District, E1 Dorado County, California, that
WHEREAS, an assessment and diagram was made and filed with
the Secretary of said District, all pursuant to Resolution of In-
tention No. 497 adopted by the Board of Directors of said Dis-
trict on March 19 , 19 6k and the provisions of the Municipal
Improvement Act of'1913, and said assessment was confirmed by
said Board on the 10th day of August , 1964, and recorded
in the office of the County Surveyor of said County on August 24 ,
19 64
WHEREAS, certain lots or parcels of land upon which there are
unpaid assessments against which bonds have been issued under the
Improvement Bond Act of 1915, have been divided so that they no
longer conform to the original parcel boundaries as shown on said
assessment;
NOW, THEREFORE, IT IS ORDERED, that:
1. The District Engineer shall cause to be prepared and
filed with the District Secretary a report and amended assessment and
diagram of the lots and parcels so divided, said parcels being
designated Assessment Nos. 514 and 635
2. That the unpaid installments of said original assessments
shall be segregated and apportioned in accordance with the benefits
to the several parts of the original lots or parcels, and the total
amount of the assessment of the several portions of the original
lots or parcels shall be equal to the unpaid assessments upon said
original lots or parcels of land.
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3. That Thursday, the 3rd day of November, 1977, at the
hour of 8:00 o'clock P.M., at the regular meeting place of said
Board, District Office, Treatment Plant, Johnson Road near junction
with Black Bart Street, Tahoe valley, California, be, and the same
is hereby, fixed as the time and place for hearing said amended
assessment before said Board.
4. That the Secretary of said District shall advertise the
time and place of such hearing before the Board of Directors by
publishing a notice of said amended assessment twice in the Tahoe
Daily Tribune, a newspaper of general circulation published and
circulated in the District, the first publication being not less
than fifteen (15) days before said hearing.
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President th
South Tahoe Public Utili y District
ATTE
Clerk and ex- officio Secretary
I hereby certify that the foregoing is a full, true and
correct copy of a resolution duly and regularly adopted by the
Hoard of Directors of the `south Tahoe Public Utility District,
E1 Dorado County, California, at a meeting thereof duly held on
the 6th day of October, 1977, by the following vote:
sAYE� and in favor f the�of, Directors:
r HegaTvy, 1Cashuba, Fe.sler, Cocking, F eldc4mp
NOffS, Directors: None
ABSM Directors: None
ClIerk and ex- officio Secretary of the
4—v- -h Tahoe Public Utility District
SOUTH TAHOE PUBLIC UTILITY DISTRICT
ASSESSMENT DISTRICT 1971 -1
(Fallen Leaf Lake Area)
FIRST SALE
$150,000 IMPROVEMENT BONDS, SERIES -1A
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Bond Numbers
Principal
Maturity Date
(Inclusive)
Denomination
Amount
(July 2)
1 -
2
$5,000.00
$10,000.00
1979
3 -
4
5,000.00
10,000.00
1980
5 -
6
5,000.00
10,000.00
1981
7 -
8
5,000.00
10,000.00
1982
9 -
10
5
10,000.00
1983
11 -
12
5,000.00
10,000.00
1984
13 -
14
5,000.00
10,000.00
1985
15 -
16
5,000.00
10,000.00
1986
17 -
18
5,000.00
10,000.00
1987
19 -
20
5,000.00
10,000.00
1988
21 -
22
5,000.00
10,000.00
1989
23 -
24
5,000.00
10,000.00
1990
25 -
26
5,000.00
10,000.00
1991
27 -
28
5,000.00
10,000.00
1992
29 -
30
5,000.00
10,000.00
1993
EXHIBIT B
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%W BOND FORM The bonds shall be substantially in the following
form:
UNITED STATES OF AMERICA
STATE OF CALIFORNIA
COUNTY OF EL DORADO
IMPROVEMENT BOND
SOUTH TAHOE PUBLIC UTILITY DISTRICT
ASSESSMENT DISTRICT 1971 -1
SERIES 1971 -1A
BOND NO.
Under and by virtue of the Improvement Bond Act of 1915,
Division 10 of the Streets and Highways Code, the South Tahoe
Public Utility District, in the County of El Dorado, State of
California, will on the second day of July, 19, out of the
redemption fund for the payment of the bonds is_sued upon the
unpaid portion of the assessments made for the acquisition, work
and improvements more fully described in the proceedings taken pur-
suant to Resolution of Intention No. 1676, adopted by the Board of
Directors of said District on the 6th day of April, 1972, pay to
bearer (or, if this bond is registered as herein provided, to the
registered owner hereof) the sum of
Dollars ($
),
with interest thereon from the 2nd day of September, 1977, at the
rate of percent ( %) per annum, all as is hereinafter
specified, and at Bank of America National Trust and Savings
Association, the Paying Agent of the District's Treasurer, at its
principal office in San Francisco, California.
This bond is one of several annual series of bonds of like
date, tenor and effect, but differing in maturities *(,amounts and
interest rates), issued by said District under said law for the
purpose of providing means for paying for the acquisition, work
and improvements described in said proceedings, and is secured by
the moneys in said redemption fund and by the unpaid portion of the
assessments made for the payment of said acquisition, work and
improvements, and, including principal and interest, is payable
exclusively out of said fund.
The interest is payable semiannually, to wit: on the second
days of January and July in each year hereafter, upon presentation
of the proper coupons therefor; provided, that the first of said cou-
pons is for the interest to the second day of January, 1979, and
thereafter the interest coupons are for the semiannual interest.
This bond will continue to bear interest after maturity at the
rate above stated; provided, it is presented at maturity and payment
thereof is refused upon the sole ground that there is not sufficient
money in said redemption fund with which to pay same; if it is not
presented at maturity, interest thereon will run until maturity.
This bond may be registered as to principal and interest or as
to principal alone; if registered, it may be deregistered, reregistered
or the ownership thereof transferred, upon written request of the
owner and presentation of the bond to the Paying Agent and payment of
any charges therefor, including any cost of reprinting the coupons, all
as set forth in the resolution providing for the issuance hereof.
*revise as necessary
EXHIBIT C
This bond may be redeemed and paid in advance of maturity
k w upon the second day of January or July in any year by giving the
notice provided in said law and by paying principal and accrued in-
terest together with a premium equal to 5 per centum of the principal.
IN WITNESS WHEREOF, said South Tahoe Public Utility District
has caused this bond to be signed by the Treasurer of El Dorado County
and ex officio Treasurer of said District, and by its Clerk and ex
officio Secretary, and has caused its Clerk and ex officio Secretary
to affix hereto its official seal, all on the 2nd day of September,
1977.
Clerk and Ex Officio Secretary of
South Tahoe Public Utility District
(SEAL)
Treasurer of E1 Dorado County and
Ex Officio Treasurer of South
Tahoe Public Utility District
INTEREST COUPON FORM The coupons to be attached to said bonds
shall be substantially in the following form:
The SOUTH TAHOE PUBLIC UTILITY DISTRICT, E1 Dorado
County, California, will, on the due date hereof,
unless the bond specified herein is redeemed prior
thereto, pay to bearer the sum hereon at Bank of
America National Trust and Savings Association, the
Paying Agent of the District's Treasurer, at its
principal office in San Francisco, California, as
interest on its IMPROVEMENT BOND designated
ASSESSMENT DISTRICT 1971 -1, SERIES 1971 -1A, dated
September 2, 1977.
Treasurer of E1 Dorado County and
Ex Officio Treasurer of South Tahoe
Public Utility District
Due 2, 19
Coupon No.
No.
REGISTRATION FORM The form of endorsement for registration
on said bonds shall be substantially as follows:
This bond is registered in the name of the registered owner last
entered below, and both the principal of and interest on this bond are
payable only to such owner, unless registered as to principal alone,
in which event only the principal is so payable; provided that this
bond may be registered to bearer and thereby discharged from registra-
tion and the negotiability hereof restored.
NOTE: There must be no writing below except by the Paying Agent.
Date of Type of Name and Address Signature of
Registry Registration* of Registered Owner Paying Agent
Principal only
and Interest
Principal only
and Interest
Principal only
and Interest
Principal only
and Interest
*If registration is as to principal only, strike the words "and Interest"
if as to principal and interest, strike the word "only ".
EXHIBIT C
(ii)
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s 1,
I hereby certify that the foregoing is a full, true and
correct copy of Resolution No. 2088 duly and regularly adopted by the
Board of Directors of the South Tahoe Public Utility District, E1 Dorado
County, California, at a meeting thereof held on the 1 day of
September 1977, by the following vote:
AYES, and in favor thereof, Directors: Hegarty, Fesler, Kashuba,
and Cocking
NOES, Directors: None
ABSENT, Directors: Fieldcamp
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Clerk and ex officio Secretary
South Tahoe Public Utility District
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