Resolution No. 104~ :SSO:sb 7/1'~/5~ 8c
RESOLUTION NO. /~ ~
A RESOLUTION ORDERING CHANGE OF B01'~DING COMPANY
FOR DIRECTORS' OFFICIAL BO~YDS
BE IT RESOLVED by the Board of Directors of the South Tahoe
Public Utility District, E1 Dorado County, California, th@t:
1. All future official bonds for directors in the form
and amount required by the Public Utility District Act be taken
out by the District with Queens Insurance Company of America and
that the Fidelity and Deposit Company of Maryland be no longer
used as corporate surety on Directors' official bonds.
2. All existing official bonds now written by the Fidelity
and Deposit Company of Maryland be cancelled and taken out with
Queens insurance Company of America, provided, that in no case
shall cancellation become effective until the new bonds have been
duly executed, approved and recorded as required by the provisions
of the Public Utility District Act.
I hereby certify that the foregoing resolution was passed
by the Board of Directors of the South Tahoe Public Utility Dis-
trict at a meeting thereof held on the JJ day of~~_~,
Y
1957, by the following vote:
AYES, and in favor thereof~ Directors:~~
NOES, Directors: None
ABSENT, Directors: None
APP ROVED: