Resolution No. 1996 a, a"
n.6
RESOLUTION NO. /
A RESOLUTION RATIFYING DESIGNATION OF PERSONS TO BE
APPOINTED AS DIRECTORS OF TAHOE- SIERRA WATER CO.
AND AUTHORIZING EXECUTION OF DOCUMENTS TO ACCOMPLISH
DISSOLUTION AND WINDING UP OF SAID COMPANY
RESOLVED, by the Board of Directors of the South Tahoe Public
Utility District, El Dorado County, California, that
WHEREAS, upon transfer of stock to this District under and
pursuant to the Agreement for Sale and Purchase of the Stock of
Tahoe Sierra Water Company, Inc., dated September 18, 1975, it
will be necessary for certain documents to be executed on behalf
of this District to accomplish the dissolution and winding up of
said water company; and
WHEREAS, the present Board of Directors of said water company
has this date appointed certain Directors of said company heretofore
designated by the General Manager of this District as the persons
whom the District desired to serve as Directors of said company
upon completion of said transfer of stock, which appointments will
be effective upon the date of said transfer of stock;
NOW, THEREFORE, 'IT IS HEREBY ORDERED as follows:
1. That said designation by the General Manager of this
District be, and the same is hereby, ratified.
2. That the President and /or Clerk and ex- officio Secretary
be, and they are hereby, authorized and directed to execute on
k w behalf of the District any and all documents necessary or.desirable
to accomplish the dissolution and winding up of said water company,
including the following: Written Election and Consent of Share-
holders to Wind Up the Affairs of and Voluntarily Dissolve Tahoe -
Sierra Water Co.; Agreement for Transfer of Assets to Shareholders;
Certificates of Acceptance of Bill of Sale and Grant Deed trans -
fering and conveying to District all assets of said water company;
and such assumption of tax liability as may be required by the
California Franchise Tax Board.
President
South Tahoe Public Utility District
ATTEST:
411
Clerk and ex- officio Secretary
* * * *
I hereby certify that the foregoing is a full, true and
correct copy of Resolution No. 1996 duly and regularly adopted
by the Board of Directors of the South Tahoe Public Utility Dis-
trict, El Dorado County, California, at a meeting thereof duly
held on the 30th day of October, 1975, by the following vote:
AYES, and in favor thereof, Directors: Kortes, Hegarty, Fesler,
and Wakeman
NOES, Directors: None
ABSENT, Directors: None
Clerk and ex- officio Secretary
South Tahoe Public Utility District
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