Resolution No. 590W JI~L: RHH: pk 10-27-65 8c
RESOLUTION NO. 590
A RESOLUTION CALLING FOR SEALED PROPOSALS
FOR SALE 0F BONDS
FIRST DIVISION SEWER REVENUE BONDS OF 1965
RESOLVED~ by the Board of Directors of the South Tahoe Public
Utility District, E1 Dorado County, California, as follows:
1. The Secretary is hereby directed to call for sealed pro-
posals or bids for the sale of $700,000 First Division Sewer
Revenue Bonds of 1965, authorized to be issued at an election
called and held on September 21 , 1965, in said District and pro-
vided to be issued pursuant to Resolution NOo 588 adopted by said
Board on October 7, 1965.
2. Notice thereof shall be given, in form to be prepared
by Wilson, Jones, Morton & L~nch, by the Secretary causing copies
thereof to be mailed to the various banks and bond houses inte-
rested in the purchase of such bonds, said mailing to be at least
ten (10) days before the date fixed for receiving bids.
3. The Board will furnish the legal opinion of the law firm
of Wilson, Jones, Morton & L~nch, San Mateo, California, unquali-
fiedly approving the legality of the proceedings and the issuance
of the bonds.
I hereby certify that the foregoing resolution was duly and
regularly adopted and passed by the Board of Directors of the
South Tahoe Public Utility District, E1 Dorado County, California,
at a meeting thereof held on the 7th day of October, 1965, by the
following vote of the members thereof:
~YES, and. in favor thereof, Directors: W&keman~ Kortes,
Fesler and Stewart
NOES, Directors:
ABSENT, Directors:
None
Clark
A PPRO FED:
(Ac g) .... " ~ Board.
of the South Tahoe Public
Utility District