Resolution No. 648WJML: JHH: do 2/7/66 8c
RESOLUTION NO.
648
RESOLUTION AMENDING RESOLUTION NO. 641,
ARESOLUTION PROVIDING FOR THE ISSUANCE OF
SEWER REVENUE BONDS, FIXING THE FORM OF BONDS
AND PROVIDING COVENANTS FOR THEIR PROTECTION,
SOUTH TAHOE PUBLIC UTILITY DISTRICT,
$1,400,000 SEWER REVENUE BONDS OF 1966"
RESOLVED, by the Board of Directors of the South Tahoe Public
Utility District, E1 Dorado County, California, that Resolution
No. 641 entitled "A Resolution Providing for the Issuance of Sewer
Revenue Bonds, Fixing the Form of Bonds and Providing Covenants
for their Protection, South Tahoe Public Utility District,
$1,400,000 Sewer Revenue Bonds of 1966", duly adopted on December
17, 1965, be, and the same is hereby, amended as follows:
1. Section 3 (h) be amended to read:
"(h) Enterprise means the sewage treatment plant and
facilities, trunk sewers, pumping station and disposal
facilities of the entire district, together with all
additions and improvements to said system hereafter
made."
2. Section 3 be amended by the addition thereto of a sub-
paragraph (v) to read:
"(v) Net Surplus for the Prior Service Collection
Period means the amount of money remaining in the Revenue
Fund on the first day of each calendar month after
transfers or disbursements therefrom required to be
made to the Bond Fund and after deducting therefrom a
sum equal to the reasonable expense of operation and
maintenance of the Enterprise for the preceding
calendar month."
follows:
Amend the first sentence of Section 50 to read as
"50. Notice of MeetinE: Notice specifying the
purpose, place, date and hour of such meeting shall
be given by mail fourteen (14) days prior thereto and
in addition shall be published at least'once fourteen
(14) days prior thereto in a financial paper published
in San Francisco or New York."
ATTEST:
Clerk and ex-officiO Secretary
of the South Tahoe Public
Utility District
President
I hereby certify that the foregoing is a full, true
and correct copy of a resolution duly and regularly adopted by
the Board of Directors of the South Tahoe Public Utility District,
E1 Dorado County, California, at a special meeting thereof held
on the 8th day of February , 1966, by the following vote
of the members of the Board:
AYES, ~nd in favor thereof, Directors:
Wakem an, Kortes, Fesler and Stewart
NOES, Directors:
ABSENT, Directors: Bickle
clerk and ex-officio Sec~e~f~-~y of the
South Tahoe Public Utility District