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05-04-87 AdjournedMINUTES ADJOURNED REGULAR MEETING OF THE BOARD OF DIRECTORS SOUTH TAHOE PUBLIC UTILITY DISTRICT MAY 4, 1987 The Board of Directors of the South Tahoe Public utility District met in an Adjourned Regular Board Meeting, May 4, 1987, 4:15 P.M. 1900 Lake Tahoe Boulevard, City Council Chambers. BOARD OF DIRECTORS: Directors Wynn, Mason, Olson, Madden, Jones ROLL CALL STAFF: Cofer, Baer, Mamath, Cartwright, Tiran, Plasterer, Schnakenberg, B. Eppler, Taylor, Swain, G. Eppler, Attorney Weidman GUESTS: Jim Dipeso-Tahoe Daily Tribune, Bob Dodge & Oz Butterfield-Lahontan ITEMS FOR BOARD ACTION Presented by Attorney Weidman. He explained the District's present insurance situation and stated the only option left open to the Board was to renew the present policy held by the District. He further ex- plained he would draft a Resolution for future Board approval which addressed the payment of deductibles for any action brought against members for prior claims. Moved Olson/Second Jones/Passe~ Unan- ~mousl~ to authorize purchase in the amount of $23,452/annual rate from international Surplus Lines Insurance Company (Policy expires 5/5/88, 12:00 PM) . PUBLIC OFFICIALS ERRORS AND OMISSIONS INSURANCE COVERAGE ATTEST: SOUTH TAHOE PUBLIC UTILITY DISTRICT ADJOURNMENT 4:19 P.M.