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Resolution No. 397WHJM: JHH :rd 9/19/b2 12c RESOLUTION NO. 397 A RESOLUTION CANVASSING RETURNS AND DECLARING THE RESULT OF THE SPECIAL BOND ELECTION HELD IN SOUTH TAHOE PUBLIC UTILITY DISTRICT ON TUESDAY, SEPTEMBER 18, 1962, FOR THE PURPOSE OF SUBMITTING TO THE ELECTORS OF SAID DISTRICT A PROPOSITION OF INCURRING A BONDED INDEBTEDI~ESS RESOLVED, by the Board of Directors of South Tahoe Public Utility District, E1 Dorado County, California, that ~fHEREAS, pursuant to proceedings taken by the Board of Directors of the South Tahoe Public Utility District, an election was held on Tuesday, September 18, 1962, for the purpose of sub- mitting to the electors the proposition of incurring a bonded indebtedness in the amount of Nine Hundred and Twenty Thousand Dollars ($920,000) for the acquisition, construction and com- pletion of certain improvements and extensions of a certain public utility and utility works, to wit: Expansion and improve- ment of the means for the collection, treatment and disposal of sanitary sewage of said District and the acquisition of lands and easements therefor. WHEREAS, said election was noticed, called, held and con- ducted all in the time, form and manner required by law, and the resolutions, orders and proceedings taken by the District; and WHEREAS, the Board of Directors met at its usual place of meeting at the time provided by law to canvass the returns of the election and to determine and declare the result there- of, and having completed the canvass of the returns; NOW, THEREFORE, IT IS RESOLVED, DETERMINED AND DECLARED, as follows: !. The election was duly and regularly noticed, called, held and conducted, and the votes cast thereat received and canvassed, and the returns thereof made in the time, form and manner as required by law. 2. The proposition voted upon at the election was as follows: PROPOSITION: Shall the South Tahoe Public Utility District, E1 Dorado County, incur a bonded indebted- ness of $920,000 lawful money of the United States, together with interest thereon at a rate not to exceed six per cent (6%) per annum, for the acquisition, construction and completion of certain improvements and extensions of a certain public utility and utility works, to wit: Expansion and improvement of the means for the collection, treatment and disposal of sanitary sewage of said District and the acquisition of lands and easements therefor? 3. There was one election precinct established in the District by the Board of Directors for the purpose of holding the election, which precinct was designated Consolidated Precinct "A" and the polling place therein was located at the American Legion Hall, U. S. Highway 50, in the District. 4. There were absentee ballots applied for and absentee ballots voted in connection with said election. 5. The Board canvassed said absentee ballots and counted the same personally, whereupon it was found that the result of the ballots cast by said absentee voters was and ~ votes against the proposition. 7 votes for 6. The total number of votes cast in Precinct "A" was ballots were cancelled and ...... 7 Yi~7 ballots unused. The number of votes cast at said precinct in favor of the proposition was ,~'Oo~' and the number of votes cast against the proposition was 7. The total number of votes cast, including absentee ballots, for and against said proposition was as follows: For Against ~-,/~-~ 8. Less than two thirds of the votes cast at said election were in favor of the proposition and incurring a bonded 2 indebtedness in the amount and for the purposes set forth in the proposition submitted; said proposition has not been accepted and approved by the electors of said District and bonds will not be issued to defray the costs of the improvements authorized by the proposition and to the amount stated therein.  P es ent, South Tanoe 'Public · Utility District ATTEST: South Tahoe Public Utility D~trict I hereby certify that the foregoing resolution was duly passed and adopted at an adjourned regular meeting of the Board of Directors of the South Tahoe Public Utility District held on the 2~ day of ~. , 1962, by the following vote: AYES, and infav~ thereof, Directors: ~~_~ ABSENT, Directors: Ex-off:ciD Secreta~ South Tahoe Public 'Utility District 3