AP 05-05-11 Public MeetingSOUTH TAHOE PUBLIC UTILITY DISTRICT
NOTICE OF PUBLIC MEETING
Thursday, May 5, 2011
6:00 P.M.
District Board Room
1275 Meadow Crest Drive, South Lake Tahoe, California
Richard Solbrig, General Manager Paul Sciuto, Assistant General Manager
Dale Rise, President
Chris Cefalu, Director
BOARD MEMBERS Mary Lou Mosbacher, Vice President
James R. Jones, Director Eric W. Schafer, Director
This meeting is being held to gather public input. While a quorum of the South Tahoe Public Utility District
Board of Directors will attend, there will be no action taking place on their behalf. The final budget will be
considered for adoption at the Regular Board Meeting on Thursday, May 19, at 2:00 p.m.
AGENDA
1. CALL PUBLIC MEETING TO ORDER
2. 2011/12 PROPOSED BUDGET, TEN -YEAR FINANCIAL PLAN, AND SERVICE RATES
3. COMMENTS
4. ADJOURNMENT
Public participation is encouraged. The meeting location is accessible to people with disabilities. Every
reasonable effort will be made to accommodate participation of the disabled in all of the District's public
meetings. If particular accommodations for the disabled are needed (i.e., hearing aids or other disability -
related aids), please contact the Clerk of the Board at (530) 544 -6474, extension 6203, at least 24 hours in
advance of the meeting.
South Tahoe Public Utility District • 1275 Meadow Crest Drive, South Lake Tahoe, CA 96150
Phone 530.544.6474 • Facsimile 530.541.0614 • www.stpud.us
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Public Meeting
South Tahoe
Public Utility District
Proposed Budget
Date: May 5, 2011
Time: 6:00 p.m.
Location: Board Room
1275 Meadow Crest Drive
Please join us for our public meeting and presentation
of the District's Water and Sewer Enterprise Budgets
for the Fiscal Year Ending June 30, 2012.
Presented at the meeting will be the District's 2012
revenue projections and proposed operating and
capital expenditures. The proposed water budget does
not include a rate increase for water services. The
proposed sewer budget includes an overall increase to
service charge revenue of 3 %.
The proposed budgets will be available for review
beginning April 20 at the Customer Service office, 1275
Meadow Crest Drive, from 8:00 a.m. - 5:00 p.m.,
Monday through Friday.
NOTICE OF AVAILABILITY
SOUTH TAHOE PUBLIC UTILITY DISTRICT
RECYCLED WATER FACILITIES MASTER PLAN
DRAFT SUPPLEMENTAL
ENVIRONMENTAL IMPACT
REPORT
This notice is to inform you that a 45 -day public comment period for the Recycled Water
Facilities Master Plan Draft Supplemental EIR commenced on March 28, 2011 and
concludes on May 12, 2011. Comments are solicited and will be incorporated into the
Final Supplemental EIR. Comments received after May 12, 2011 may not be included in
the final document. Public comments may be submitted in writing and mailed , or emailed
to
Mail:
Email:
South Tahoe Public Utility District
1275 Meadow Crest Drive
South Lake Tahoe, CA 96150
ibergsohn@stpud.dst.ca.us
British bookmaker William Hill PLC has purchase)
holds many locations throughout Northern Nevadt
GAMBUNG 1
Sale of spa
reflects cap
JOHN SEELMEYER,
NORTHERN NEVADA BUSINESS WEEKLY
RENO/TAHOE — Growing complexity
in the sports book sector — and especially
the demand for substantial fresh investments
in technology — played a role in driving the
sale of the Cal Neva Sportsbook Division and
American Wagering Inc., the Las Vegas -based
parent of the Leroy's group of sports books.
The two companies said last week they've
agreed to be acquired by William Hill PLC, a
British bookmaker.
The Reno -based Cal Neva operations,
which are owned by Sierra Development Co.
will be acquired for $21 million in cash,
along with another $1.5 million to be paid if
the 31- location company hits financial tar-
gets in the next year. MontBleu at Stateline is
among regional casinos operating a Cal Neva
sports book.
American Wagering, which operates 72
locations under the Leroy's brand, will be
acquired for $9.4 million. William Hill PLC
also will extinguish $4 million in American
Wagering debt and will inject $4.5 million
into the company through a convertible loan.
Assuming that the Cal Neva meets per-
formance benchmarks, the acquisition values
the company at slightly more than two times
its 2010 revenues of $10.7 million.
The privately held Cal Neva sports book
"has a long track record of profitable opera-
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