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Resolution No. 1525 WJML:RJH:gb' 10/28/70 8c RESOLUTION NO. 1525 A RESOLUTION DETERMINING THAT THE SOUTH TAHOE PUBLIC UTILITY DISTRICT SHALL CONTRIBUTE $6370 AND ORDERING REDUCTION OF ASSESSMENTS ASSESSMENT DISTRICT 1970 -1 RESOLVED, by the Board of Directors of the South Tahoe Public Utility District, El Dorado County, California, that WHEREAS, the estimated cost of the project under Resolution of Intention No. 1500, adopted by the Board of Directors of said Dis- trict on September 17, 1970, was $218,295.43; WHEREAS, following the opening of bids for the construction of the improvements shown on the plans for "Group C ", the estimated cost therefor must be increased, and the estimated incidental costs for the project may be reduced; WHEREAS, said increase and said decrease will result in a re- duction in the total estimated cost of the project to $216,435.39 of which $162,084.57 will be attributable to "Group A" assessment parcels, $7,080.82 will be attributable to "Group B" assessment parcels, and $47,270.00 will be attributable to "Group C" assess- ment parcels; WHEREAS, in the opinion of this Board the public interest, convenience and necessity require that this Utility District con- tribute the sum of $6370 to the cost of the improvements shown on the plans for "Group C" parcels; NOW, THEREFORE, IT IS HEREBY DETERMINED AND ORDERED as follows: 1. That South Tahoe Public Utility District shall contribute the sum of $6370 to the cost of the improvements shown on the plans for "Group C" parcels, leaving the portion of the total es- timated cost of the project attributable to "Group C" assessment parcels at $40,900.00 (the amount originally assessed to "Group C" assessment parcels). 2. That the total assessment is hereby reduced to $210,0 that each of the individual assessments in Group A (assessment Nos. 1 through 12, 14 through 44, 46 through 65, 75 through 79 and 83 through 84, all inclusive) shall be reduced by its pro rata share of the difference between $170,224.57 (the amount originally assessed to "Group A" assessment parcels) and $162,084.57; and that each of the individual assessments in Group B (assessment Nos. 13, 45, 67 through 74, and 80 through 81, all inclusive) shall be reduced by its pro rata share of the difference between $7,470.82 (the amount originally assessed to "Group B" assessment parcels) and $7,080.82. 3. That the estimate of the itemized and total costs and ex- penses of the project and the assessment, contained in the written report of the District Engineer, on file with the Clerk of this District, be, and are hereby, changed to conform to the foregoing. President South Tahoe Public Utility District ATTEST: Clerk and Ex officio Secretary * * * * * -2- I hereby certify that the foregoing is a full, true and correct copy of Resolution No. 1525 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 19th 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 62-17 Clerk and Ex officio Secretary - South Tahoe Public Utility District