Resolution No. 96me AW:S:mh 2/21/57 7
RESOLUTION NO. [~
A RESOLUTION AMENDING RESOLUTION NO. 68
DETERMINING UNPAID ASSESSMENTS AND PRO-
VIDING 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, on July 13, 1956, this Board adopted its Resolution
No. 68 Determining Unpaid Assessments and Providing for Issuance
of Bonds pursuant to Supplemental Resolution of Intention No. 47
adopted by this Board on September 3, 1955;
WHEREAS, the total amount of bonds authorized to be issued
pursuant thereto was $64,313.10;
NOW, THEREFORE, IT IS HEREBY ORDERED, as follows:
1. Section 3-A is hereby added to said Resolution to read
as follows:
"3-A. The amended unpaid list is in the amount of
$67~537.02, and additional bonds shall be issued upon the security
of said unpaid assessments in the amount oi' $3,223.92 in accord-
ance 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 Resolu-
tion of Intention and the proceedings thereunder duly had and
taken; that said bonds shall be fourteen (14) in number, shall
be dated August 2, 1956 and mature in equal annual amounts on the
2nd day of July, 1958 through 1971, and bear interest from Februar
2, 1957 at the rate of 4-3/4% on bonds maturing in the years 1958
to 1967, inclusive, and at the rate of 4-1/2% per annum on bonds
maturing in the years 1968 to 1971, inclusive, the first coupon of
which will be for interest from February 2, 1957 to January 2, .
1958."
2. The additional amounts of assessments are added to and
are included in the revised list of unpaid assessments, marked
Exhibit "A" and attached hereto and made a part hereof by refereno
nominations as follows:
Series Bond No.
A 12
18
24
3o
36
48
6o
66
72
78
84
90
Said additional bonds are to be numbered and in the de-
Denomination
$ 230.28
23o.28
230.28
230.28
23o. 28
230.28
230.28
230.28
230.28
230.28
230.28
230.28
230.28
23o.28
Date of Maturity
july 2, 1958
July 2, 1959
July 2, 1960
July 2, 1961
July 2, 1962
July 2, 1963
July 2, 1964
July 2, 1965
July 2, 1966
July 2, 1967
July 2, 1968
July 2, 1969
July 2, 1970
July 2, 1971
President of South Tahoe Public
Utility District
~TTEST:
Clerk an'd ex-officio Se'cretary
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 1st day of March,
1957 by the following vote:
AYES, and in favor thereof, Directors:
NOES, Direc$ors:
ABSENT~ Directors:
,( /
Clerk and ex-officio Secretary
EXHIBIT "A"
3~0.oo
350.00
35O.O0
73~,00
~,00
9~3.75