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Resolution No. 1529 WJML :RJH:gb 11/27/70 7c 7k ---) RESOLUTION NO. 1529 A RESOLUTION AUTHORIZING PAYMENT OF $40,000 TO FRONTIER CONTRACTORS, INC., IN SETTLEMENT OF ALL CLAIMS UPON EXECUTION OF PROPER RELEASES BY CONTRACTOR ASSESSMENT DISTRICT 1967 -4D ASSESSMENT DISTRICT 1967 -4E RESOLVED, by the Board of Directors of the South Tahoe Public Utility District, El Dorado County, California, that WHEREAS, the said Board did, on the 16th day of May, 1968, adopt its Resolutions of Intention Nos. 1066, 1071, 1076 and 1081, to order the construction of sanitary sewerage systems, including collection sewers, laterals, rodholes and all appurtenances; all as more particularly described and set forth in said Resolutions of In WHEREAS, said Board did, on June 19, 1968, enact its Ordi- nance No. 168, awarding the contract for said construction to Frontier Contractors, Inc. WHEREAS, disputes have arisen between this District and said contractor with respect to claims for compensation made by said contractor, which claims involve portions of said construction within Assessment Districts 1967 -4D and 1967 -4E and are in excess of $21,500 with respect to construction within Assessment District 1967 -4D and in excess of $18,500 with respect to construction within Assessment District 1967 -4E; * two , . WHEREAS, said Board desires to settle said claims on the basis hereinafter provided and said contractor has expressed its willingness to so settle said claims; NOW, THEREFORE, IT IS ORDERED that upon execution by said contractor of a proper release of all of said claims(to -be pre- pared and approved by District's General Counsel), payment of $40,000 shall be, and is hereby authorized to be, made to said %bow contractor in full and final settlement of all claims under or in connection with said contract awarded by Ordinance No. 168; and said payment shall be made from the construction funds for said Assessment Districts 1967 -4D and 1967 -4E in the amounts of $21,500 and $18,500, respectively. President ATTEST: South Tahoe Public Utility District Ni,,,. Clerk an. o c o ecre ary * * * * * 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, California, at a meeting thereof duly held on the 24th day of November , 1970, by the following vote: AYES, and in favor thereof, Directors: Wakeman Kortes Fesler ,,. Hegarty Ream NOES, Directors: None ABSENT, Directors: None (Y` Clerk and Ex officio Secretary South Tahoe Public Utility District -2-