Resolution No. 421WHJM:JHH:rd 2/28/63 8c
RESOLUTION NO. 421
A RESOLUTION DIRECTING ISSUANCE
OF DUPLICATE BOND
SANITARY SEWERAGE PROJECT NO. 1960-4
RESOLVED, by the Board of Directors of South Tahoe Public
Utility District, E1 Dorado County, California, that;
WHEREAS, it appears by an affidavit on file with this
Board from Grande & Co., Inc., Seattle, Washington, that
Dr. Fred A. Mussachio is the owner of Bond No. 1420, South
Tahoe Public Utility District Bonds Series "G", dated July 2,
1961, in the principal amount of $1,000, with Coupon Nos. 1
through 30, inclusive, each in the amount of $26.25 attached
thereto, each coupon payable on January 2 and July 2, in each
of the years 1962 through 1976, inclusive, and said bond to
mature on July 2, 1976;said coupons being of the total face
value of Seven Hundred Eighty-Seven Dollars and Fifty Cents
($787.50) has been lost;
WHEREAS, said bond or coupons have not been presented to
or paid by the Treasurer of E1 Dorado County and ex-officio
Treasurer of the South Tahoe Public Utility District;
~fHEREAS, the said Dr. Mussachio, through Grande & Co.,
Inc., has made application to the South Tahoe Public Utility
District for the issuance of duplicate of said lost bond and
coupons;
WHEREAS, said Dr. Mussachio has tendered to this Board
a surety bond of Fidelity and Deposit Company of Maryland, a
corporation organized and existing under and by virtue of the
laws of the State of Maryland, in the amount of One Thou~and,
Seven Hundred and Eighty-Seven Dollars and Fifty Cents
($1,787.50), conditioned to indemnify said South Tahoe Public
Utility District, State of California, a public corporation,
and Albert Frey, as Treasurer of the County of E1 Dorado, and
ex-officio Treasurer of the South Tahoe Public Utility District,
State of California, and/or their successors and assigns,
against loss or damage that may be incurred by said South Tahoe
Public Utility District, State of California, a public corpora-
tion, or by said officers or any of them on account of said bond
and coupons so lost or by reason of the execution and issuance
of said duplicate bond and coupons;
NOW, THEREFORE, IT IS ORDERED that said surety bond shall
be, and the same is hereby, approved, and accepted, and the
President and Secretary of this Board be and they are hereby
directed to attach thereto a certified copy of this resolution
and to file said bond and resolution in the office of the
Treasurer of the County of E1 Dorado; and
BE IT FURTHER RESOLVED AND ORDERED that the Secretary of
said District cause to be prepared a duplicate of said lost
bond and coupons upon which bond and each coupon, respectively,
shall appear the following words: "Issued as a DUPLICATE in
place of original of same number, date and denomination claimed
to have been lost or destroyed. Only one to be paid".
BE IT FURTHER RESOLVED that the Clerk and Ex-officio
Secretary of the South Tahoe Public Utility District, State of
California, be, and he is hereby, authorized and directed to sign
said bond and coupons and to deliver said bond and coupons to
s. aid Dr. Fred A. Mussachio;
BE IT FURTHER RESOLVED that the County Treasurer of
E1 Dorado County be, and he is hereby, ordered to pay said
bond and coupons upon presentation by said Dr. Fred A. Mussachio;
and
BE IT FURTHER RESOLVED that the Clerk and ex-officio
Secretary of this District be, and he is hereby, ordered and
directed to forward a certified copy of this Resolution to
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 ~ 196 ~_~ by the
following vote of the members thereof:
AYES, and in favor thereof, Directors:
Clarke, Fesler, Stewart, Wakeman, Kortes
NOES, Directors: None
ABSENT, Directors: None
CIerk arid ex-0f~[~o Secreta~l~ of the
South Tahoe Publi Utility trict