Resolution No. 68KWH~:EAW :S :amf 7-11-56 7C
RESOLUTION N0o ~8
DETERMINING UNPAID ASSESSMENTS AND PROVIDING
FOR ISSUANCE OF BONDS
SANITARY SEWERAGE PROJECT NO. 52-1
RESOLVED, by the Board of Directors of the South Tahoe
Public Utility District, E1 Dorado County, California, that
WHEREAS, said Board did on September 3, 1955 pass and adopt
its Supplemental Resolution of Intention No. 47 relating to the
construction of public improvements in said District under and pur-
suant to the provisions of the Municipal Improvement Act of 1913,
and amendments thereto, and did therein provide that serial bonds
would be issued thereunder pursuant to the provisions of the Re-
funding Assessment Bond Act of 1935 as modified in the Municipal
Improvement Act of 1913, reference to said Supplemental Resolution
of Intention hereby being expressly made for further particulars;
WHEREAS, notice of the recordation of the assessment and of
the time within which assessments may be paid in cash, has been
duly published and mailed in the manner provided by law, and the
time so provided for receiving the payment of assessments in cash
has expired, and on June 25, 1956, the Clerk has filed with the
County Treasurer and ex-officio Treasurer of the District a list
of all assessments which now remain unpaid; and
WHEREAS, the Board has duly considered said list and has
determined that the same is an accurate statement thereof;
NOW, THEREFORE, IT IS HEREBY ORDERED, as follows:
1. That the assessments in said unpaid list which now remain
unpaid, and the aggregate thereof, are as shown on Exhibit "A"
hereto attached and by reference made a part hereof.
2. That for a particular description of the lots bearing
the respective assessment numbers set forth in said unpaid list
and upon which assessments remain unpaid, severally and respective]
reference is hereby made to the assessment and to the diagram re-
corded in the offices of the District Engineer of said District
and the County Surveyor of E1 Dorado County after confirmation
by said Board, the several lots represented by said assessment
numbers being so numbered and designated upon said diagram and
assessment as so confirmed and recorded, severally and respectivel
B. The unpaid list is in the amount of $64,313.20 and bonds
shall be issued upon the security of said unpaid assessments in
the amount of $64,313.10 in accordance with the provisions of the
Refunding Assessment Bond Act of 1935 as modified in the Municipal
Improvement Act of 1913 and under and pursuant to the provisions
of said Supplemental Resolution of Intention and the proceedings
thereunder duly had and taken; that said bonds shall be seventy-
five (75) in number, shall be dated August 2, 1956, and bear in-
terest from their date at the rate of not to exceed six per cent
(6%) per annum, and the denomination of said bonds with their
respective numbers and dates of maturity are as shown on Exhibit
"B" hereto attached and made a part hereof by reference.
4o Said bonds shall be issued in series, and the unpaid
assessments as shown on said list filed with the County Treasurer
and-ex-officio Treasurer of the District and determined by said
Board, together with the interest thereon, shall remain and con-
stitute a trust fund for the redemption and payment of said bonds
and of the interest which may be due thereon, which unpaid assess-
ments shall be taxable in annual series corresponding in number
to the number of series of bonds issued, and an even annual pro-
portion of each assessment shall be payable in each year preced-
ing the date of the maturity for each of the several bonds issued1
and such proportion of each assessment coming due in any year,
together with the annual interest thereon, shall in turn be pay-
able in installments as the general taxes of said County on real
property are payable, and shall become delinquent at the same
time and in the same proportionate amounts and bear the same
proportionate penalties for delinquency.
-2-
5o Said bonds shall be signed by the President and Treasurer
of E1 Dorado County as ex-officio Treasurer of the District or
bear their engraved, printed or lithographed signatures, and at-
tested by the Clerk of said District who shall affix thereto the
official seal of said District. The interest coupons affixed there
to shall be signed by said Treasurer or bear his engraved, printed
or lithographed signature; and such signing and sealing of said
bonds by said officers and signing of said coupons by said Treasure
shall constitute and be a sufficient and binding execution of each
and every one of said bonds and all of the coupons thereof re-
spectively. Said bonds shall be substantially in the form set
forth in the Refunding Assessment Bond Act of 1935 as modified in
the Municipal Improvement Act of 1913. Said President, Treasurer
and Clerk of said District are hereby authorized and directed to
sign and attest respectively.
6. The interest coupons attached to each of said bonds and
evidencing the interest to accrue thereon shall be numbered con-
secutively and be substantially in the following form, to-wit:
Coupon No.
South Tahoe Public Utility District
EL DORADO COUNTY, CALIFORNIA
Will pay to bearer hereof on the 2nd day
of , 19 at the office of
the Treasurer of the'-~nty of E1 Dorado,
the sum of Dollars
($ ......... ) said sum being the
semi'annual interest due on
Improvement Bond No°
of Series No.
Treasurer of E1 Dorado County and
ex-officio Treasurer of South Tahoe
Public Utility District
7. That the Clerk shall forward to the County Treasurer and
County~ Auditor a certified copy of this res~olution.
President
-3-
I hereby certify that the foregoing resolution was duly
passed and adopted by the Board of Directors of the South Tahoe
Public Utility District at a meeting thereof held on the 1Bth
day of July, 1956, by the following vote:
AYES, and in favor thereof, Directors:
Young, Bernhardt, Goeringer
NOES, Directors: None
ABSENT, Directors: None
Cl~k'~and ex -of f lc'lo/S e c reg%~ry
EXHIBIT
LIST OF UNPAID
SOUTH TAHOE PUBLIC
ASSESSMENTS
UTILITY DISTRICT
Ass
No.
1
3
4
5
6
7
lO
17
2O
21
22
23
24
25
26
27
3o
32
34
35
36
37
39
44
45
46
48
49
50
52
55
58
60
61
62
64
65
66
70
71
72
73
76
78
79
80
81
86
87
88
89
90
91
92
93
94
95
't
Assessors
Number
27:01-6
27:09-2
27:02-1
27:02-2
27:02-3
27:02-4
27:04-5
27:051-3
27:062-7
27:062-8
27:062-9
27:052-3
27: 052-2
27:052-1
27:063-1
27:063-1
27:063-I1
27:063-3
27:063-5
27:063-6
27:063-8
27:063-9
27:064-3
27 064-7
27:064-15
27:064-14
27: 09-7
27:09-8
27:09-5
27:35-12
27: 35-6
27:35-1
27:lOl-17
27:053-5
27:053-4
27:053-3
27:053-I
27:071-1
27:071-2
27:07I-4
27:07I-5
27:072-3
27:072-4
27: 072- 20
27:072-9
27: 081-1
29:151-1
29:151-2
29:16I-1
29:161-18
29:161-3
29:161-20
29:161-21
29:161-5
29:162-6
29:162-1
29:162-2
29: 17-I
Amount of
Assessment
$1,407.00
3,587.50
I75.00
175.00
175.00
840.00
1,918.00
448.00
350.00
350.00
350.00
1,o5o.00
350.00
1,050.00
35o.00
1,75o.0o
560.00
700.00
980.00
420.00
700.00
350.00
700.00
350.00
35o.oo
1,O15.00
630.00
630.00
987.00
1,400.00
7o0.00
1,225.00
336.00
637.00
700.00
700.o0
188ooo
1,050.00
700.00
350.00
700.00
350.00
1,050.00
35o.oo
7oo.oo
882.00
1,100.00
1,400.00
350.00
70o.00
700.00
350.00
350.00
35o.oo
1,120.00
350.00
399°00
700.00
Total Assessed Valuation
of Land and Impvts
$13,300.00
8o,oo0.oo
1,700.00
3,750.00
1,800.O0
7,680.00
24,600,00
8,900.00
750.00
3,300.00
1,240o00
31,750.00
9:~00~00
13,700.00
26,000~00
4,95o.0o
12,150.00
11,100.00
7,250.00
5,800.00
3,900.00
8,450.00
5,200.00
1,400.00
2,650.00
!,500.00
9,300.00
7,300.00
2,500.00
1,800.00
2,000.00
3,000.00
8,740.00
10,200.00
13,150.00
3,600.00
22,500.00
5,450.00
6,230.00
11,400.00
3,930.00
17,600.00
1,75o.oo
6,750.00
1!,3oo.00
3,14o.oo
6,400.00
2,250.00
2,50o~oc
15,1oo.o0
1,25o.o0
2,6o0.o0
1,850.oo
8,950.00
6,000.00
1,250.00
9,700.00
List of Unpd Assessments
So. Tahoe P.U.D. cont.
Page 2
Ass't Assessors Amount of Total Assessed Valuation
No. Number Assessment of Land and Impvts
$ 700.00
532.00
7o7.o0
3,5oo.0o
1,4o0.o0
35o.oo
350.00
700.00
700.00
1,120.00
280.00
1,050.00
157.50
32.20
189.00
175.00
175.00
350.00
378.00
378.00
378.00
1,379.o0
1,050.00
700.O0
875.00
791.00
686.00
1,330.00
616.00
700.00
$64,313.20
96 29:17-2
100 29:332-1
101 29:331-1
102 29:26-3
103 29:20-7
105 29:20-5
107 29:20-3
108 29:20-2
113 29:19-5
114 29:19-14
115 29:26-3
116 29:19-2
119 29: 066-2
120 29:066-4
126 29: 067-4
I27 29:06I-4
128 29: 061-5
131 29:061-9
133 29:062-14
134 29:062-8
136 29:062-13
137 29:063-2
139 29:065-5
140 29:083-13
141 29:083-14
143 29:083-5
144 29:083-7
145 27:09-6
146 27:04-7
147 27:062-12
$ 9,050.00
6,800.00
3,85o.0o
12,400.00
14,000.00
3,250.00
5,250.00
4,650.00
10,000.00
15,000.00
8,950.00
2,800.00
1,500.00
1,250.00
1,950.00
320.00
4,300.00
650.00
500.00
1,900.00
12,400.00
6,650.00
1,800.00
6,950.00
~5oo.00
I 900.00
2,000.00
3,510.00
2,400.00
$669,290.00
KWH&W:W:S 7/11/56
Series
A
EXHIBIT "B"
Bond No.
Denomination
1
2
3
4
5
$1,000.00
1,000.00
1,000.00
1,000.00
287.54
6
7
8
9
lO
1,ooo.oo
1,ooo.oo
1,ooo.oo
1,ooo.oo
287.54
11
12
13
14
15
1,000.00
1,000.00
1,000.00
1,000.00
287.54
16
17
18
19
2O
1,000.00
1,000.00
1,000.00
1,000.00
287.
21
22
23
24.
1,000.00
1,000.00
1,000.00
1,000.00
287.54
26
27
28
29
30
1,000.00
1,000.00
1,000.00
1,000.00
287.54
31
32
33
34
35
1,000.00
1,000.00
1,000.00
1,000.00
287.54
36
37
38
39
40
1,000.00
1,000.00
1,000.00
1,000.00
287.54
41
43
45
1,000.00
1,000.00
1,000.00
1,000.00
287.54
46
47
48
49
50
1,000.00
1,000.00
1,000.00
1,000.00
287.54
Date of Maturit~
July 2, 1957
July 2, 1957
July 2, 1957
July 2, 1957
July 2, 1957
July 2, 1958
July 2, 1958
July 2, 1958
July 2, 1958
July 2, 1958
July 2, 1959
July 2, 1959
July 2, 1959
July 2, 1959
July 2, 1959
July 2, 1960
July 2, 1960
July 2, 1960
July 2, 1960
July 2, 1960
July 2, 1961
July 2, 1961
July 2, 1961
July 2, 1961
July 2, 1961
July 2, 1962
July 2, 1962
July 2, 1962
July 2, 1962
July 2, 1962
July 2, 1963
July 2, 1963
July 2, 1963
July 2, 1963
July 2, 1963
July 2, 1964
July 2, 1964
July 2, 1964
July 2, 1964
July 2, 1964
July 2, 1965
July 2, 1965
July 2~ 1965
July 2, 1965
July 2, 1965
July 2, 1966
July 2, 1966
July 2, 1966
July 2, 1966
July 2, 1966
Series
A
Bond No.
51
53
54
55
56
57
58
59
6o
61
63
64
65
66
67
68
69
7o
71
73
74
75
Denomination
$1,000.00
1,000.00
1,000.00
1,O00.00
287.54
1,000.00
1,000.00
1,000.00
1,O00.00
287.54
1,000.00
1,000.00
1,000o00
1,000.00
287.54
1,000.00
1,000.00
1,000.00
1,000.00
287.54
1,000.O0
1,000.00
1,000.00
1,000.O0
287.54
Date of Maturity
July 2, 1967
July 2, 1967
July 2, 1967
July 2, 1967
July 2, 1967
July 2, 1968
July 2, 1968
July 2, 1968
July 2, 1968
July 2, 1968
July 2, 1969
July 2, 1969
July 2, 1969
July 2, 1969
July 2, 1969
July 2, 1970
July 2, 1970
July 2, 1970
July 2, 1970
July 2, 1970
July 2, 1971
July 2, 1971
July 2, 1971
July 2, 1971
July 2, 1971