Resolution No. 1449 . „
RESOLUTION NO. 1 4 4 9
441., A RESOLUTION ORDERING REDUCTION OF CONTRIBUTION
FROM FUNDS OF IMPROVEMENT DISTRICT NO. U -1
ASSESSMENT DISTRICT NO. 1968 -1
RESOLVED, by the Board of Directors of the South Tahoe Public Utility
District, El Dorado County, California, that
WHEREAS, the improvements to be constructed pursuant to Resolution
of Intention No. 1274, adopted by this Board on May 22, 1969, as subsequently
amended, included a trunk sewer main and it was ordered, by Resolution No.
1275 adopted on May 22, 1969, that a contribution to Assessment District No.
1968 -1 in the amount of the cost of said trunk sewer, estimated at $91,000.00,
be made from the proceeds of bonds for Improvement District No. U -1;
WHEREAS, following completion of said improvements it appears that
the total construction costs of said improvements were less than estimated and
that the portion of such reduced costs properly attributable to said trunk sewer
main is $22,500.00;
NOW THEREFORE, IT IS ORDERED that:
1. The amount of the contribution ordered by said Resolution No. 1275
be, and the same is hereby, reduced to $68,500.00 and the difference between
said reduced amount and the originally estimated amount, to wit: $22,500.00,
shall be transferred from the construction fund for Assessment District 1968 -1 to
the construction fund for Improvement District No. U-1.
2. The estimate of cost for Assessment District No. 1968 -1 be, and
the same is hereby, revised to reflect said reduction, the total cost to be assessed,
the total assessment and the individual assessments to remain the same.
3. The Clerk of this District shall make said revisions in the estimate
of costs on the face of the copy thereof on file in his office, and the District
Engineer shall make said revisions on the face of the copy thereof on file in
his office.
Robert W. Fesler, President
South Tahoe Public Utility District
ATTEST:
David W. Callahan, Clerk and Ex- Officio
Secretary, South Tahoe Public Utility District
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1 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 duly
held on the 21st day of May, 1970, by the following vote:
AYES: and in favor thereof, Directors: Wakeman
Kortes
Fesler
Hegarty
Ream
NOES: Directors: None
ABSENT: Directors: None
David W. Callahan, Clerk and Ex -O io
Secretary, South Tahoe Public Utility District
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