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Resolution No. 1965 r WJML: KJmh 5.15 -75 -15 C RESOLUTION NO. inc A RESOLUTION DETERMINING EXISTING WATER UTILITY CAN BE OBTAINED AT A LOWER COST THAN SIMILAR WORKS CAN BE ORIGINALLY ACQUIRED, CONSTRUCTED AND COMPLETED TAHOE SIERRA WATER COMPANY PROJECT RESOLVED, by the Board of Directors of the South Tahoe Public Utility District, El Dorado County, California, that WHEREAS, said Board has solicited and considered offers for the sale to the District of existing utilities or utility works, or por- tions thereof, of the same character as the utility and utility works described in the plans and estimates for similar works to those pro- posed to be acquired by the District; NOW, THEREFORE, IT IS FOUND, DETERMINED and ORDERED that said existing utilities and utility works proposed to be acquired (being the water system of the Tahoe Sierra Water Company, Inc.) can be ob- tained at a lower cost than similar works can be originally acquired, constructed and completed by this District. ATTEST: 7t President, South Tahoe Public Utility District Clerk and Ex- officio Secretary * * * * * * I hereby certify that the foregoing is a full, true and correct copy of Resolution No. 194S duly and regularly adopted by the Board of Directors of the South Tahoe Public Utility District, El Dorado k iiir County, California, at a meeting thereof duly held on the 18th day of September, 1975, by the following vote: AYES, and in favor thereof, Directors: Kortes Fesler Hegarty Wakeman NOES, Directors: None ABSENT, Directors: None 4Z74 f/ Clerk and Ex- officio Secretary South Tahoe Public Utility District