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Resolution No. 389WHJM :JHH :mis 7-27-62 12c R~SOLUTION NO. ~ ~ CANVASSING RETURNS AND DECLARING THE RESULT OF THE SPECIAL BOND ELECTION HELD IN SOUTH TAHOE PUBLIC UTILITY DISTRICT ON TUESDAY, JULY 31, 1962, FOR THE PURPOSE OF SUBMITTING TO THE ELECTORS OF SAID DIS- TRICT, A PROPOSITION OF INCURRING A BONDED INDEBTEDNESS RESOLVED, by the Board of Directors of South Tahoe Public Utility District, E1 Dorado County, California, that WHEREAS, pursuant to proceedings taken by the Board of Directors of the South Tahoe Public Utility District, an election was held on Tuesday, July 31, 1962, for the purpose of submitting 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 completion of certain im- provements 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 Dis- trict 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 thereof, and having completed the canvass of the returns; NOW, THEREFORE, IT IS RESOLVED, DETERMINED and DECLARED as~ follows: 1. The election was duly and regularly noticed, called, held and conducted, and the votes cast thereat received and can- vassed, and the returns thereof made in 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 indebtedness 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 im- provements 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? 3o 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 and the polling place therein was located at the American Legion Hall, U. S. Highway 50, in the District. There were ,/F. 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 /! votes for and .~g'~" votes against the proposition° The total number of votes cast in Precinct "A" was ® ballots unused. ballots were cancelled and /~/~.. The number of votes cast at said precinct i~ favor of the proposition was Z~ 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: Against $. Less than two-thirds of the votes cast at said election were in £avor of the proposition and incurring a bonded indebted- ness in the amount and for the purposes set forth in the proposi- tion submittedj said proposition has r~et been accepted and approv- ed by the electors of said District and bonds will not be issued to defray the costs of the improvements authorized by the proposi- 2 tion and to the amount stated therein. President, Sout]~Tahoe~Public Utility District ATTEST: Clerk an~ Ex-Officio seSretary~- South Tahoe Public' Utility DiStrict 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 6 day of Augus~ , 1962, by the following the vote: AYF~, and in favor thereof, Directors: CLARKE , SOUZA~ FESLER AND STEWART NOES, Directors: ABSENT, Directors: WAKEMAN Clerk and Ex-0ffici~ Secretary South Tahoe Public Utility DS, Strict 3