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Resolution No. 395WHJM: JHH: lc 8/7/6 2 RESOLUTION NO. 3 9 5 A RESOLUTION FORMULATING PROPOSITION FOR SEWERS FOR THE SOUTH TAHOE PUBLIC UTILITY DISTRICT FOR SUBMISSION TO THE ELECTORS OF SAID DISTRICT SOUTH TAHOE PUBLIC UTILITY DISTRICT SEWER PROJECT RESOLVED, by the Board of Directors of the South Tahoe Public Utility District, E1 Dorado County, California, as follows: The hereinafter set out proposition is hereby formulated by said Board for submission to the electors of the South Tahoe Public Utility District, and it is hereby declared to be the intention of such Board to submit the following proposition by ordinance to the electors of said District for vote thereon: PROPOSITION: Shall the South Tahoe Public Utility District, E1 Dorado County, incur a bonded indebtedness of $920,000.00 lawful money of the United States, together with interest thereon at a rate not to exceed six per cent (6%) per annum for the acquisition, construction and completion of certain improvements and extensions of a certain public utility and utility works, to-wit: Expansion and improvement of the means for the collection, treatment and disposal of sanitary sewage of said District and acquisition of lands and easements necessary therefor? ATTEST: Pr$~sTdenb ~lerk and ex-officio Secre~gry The foregoing is a full, true and correct copy of a Resolution which was duly and regularly adopted at a meeting of the Board of Directors of the South Tahoe Public Utility District, E1 Dorado County, California, duly held on the ~ day of ~_ ~a~...~~'~ , 196 ~ , by the following vote of the members thereof: AYES, and in favor thereof, Directors: Clarke, Stewart, Souza, Wakeman NOES, Directors: None ABSENT, Directors: None 'Clerk and ex-officio secretary of the South Tahoe Public Utility District