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Resolution No. 750WJML: RJH: gbb 10c RESOLUTION NO~ 750 A RESOLUTION MAKING CHANGES AND MODIFICATIONS AND ORDERING REDUCTION OF ASSESSMENTS ASSESSMENT DISTRICT NOo 1966-1 RESOLVED, by the Board of Directors of the South Tahoe Public Utility District, E1 Dorado County, California~ that WHEREAS, with respect to Assessment NOo 66-1-113, the front footage should be 147 feet rather than 133 feet, so that the charge in connection therewith should be increased by $112o00 and the as- sessment increased from $2,973°69 to $3,085°69; WHEREAS, with respect to Assessment No° 66-1-028, the lateral and the lateral charge, in the amount of $80o00, should be elimin- ated and the assessment reduced from $2,815o30 to $2,735o30~ WHEREAS, with respect to Assessment Noo 66-1-114, all charges except the right of service charge, and the lateral, should be elim- inated and the assessment reduced from $2,118o89 to $227°82; WHEREAS, the estimated cost of the project under Resolution of Intention No° 687, adopted by the Board of Directors of said Dis- trict on July 7, 1966~ was $328,683o95~ WHEREAS, by reason of the aforementioned changes and modifica- tions~ and following the opening of bids for the work and the bonds, said estimate may be reduced to $287,735o16~ NOW~ THEREFORE~ IT IS HEREBY ORDERED as foltows~ 1o The public interest, convenience and necessity require the following changes and modifications in the proceedings under Resolution of Intention Noo 687, adopted by this Board on July 7, 1966, to wit: a) Assessment No. 66-1-113 is hereby increased to $3,085°69, subject however to the reductions hereinafter ordered (the owner of the property affected by said change and modification having requested same in writing, no notice and hearing thereon is re- quired)~ b) Assessment No. 66-1-028 is hereby reduced to $2,735°30, subject however to the further reductions hereinafter ordered, and the lateral for said parcel shall be eliminated from the work; c) Assessment No. 66-1-114 is hereby reduced to $227°82, subject however to the further reductions hereinafter ordered, and the lateral for said parcel shall be eliminated from the work° 2o By reason of the proportion of the saving in bond discount attributable thereto, the total assessment for the Lakeland Village portion of the assessment in these proceedings is hereby reduced from $57,096°97 to $55,282°97 and each of the individual assessments under said portion of the assessment in these proceedings shall be reduced by its pro rata share of the difference between the original assess- ment and the new assessment for said portion of the assessment in these proceedings° 3o By reason of the proportion of the saving in bond discount attributable thereto, the total assessment for right of service for the Lakeshore Manor portion of the assessment in these proceedings is hereby reduced from $80,247o19 to $77~730o19 and each of the individ- ual assessments under said portion of the assessment in these proceed- ings shall be reduced by its pro rata share (based on their respective charges for right of service) of the difference between the original assessment and the new assessment for' said right of service for said portion of the assessment in these proceedings° -2- 4o By reason of the proportion of the saving in bond discount attributable thereto, and by reason of the estimated saving in con- struction costs~ and by reason of the changes and modifications here- inabove ordered in paragraph l~ the total assessment for the collec- tion system for the Lakeshore Manor portion of the assessment in these proceedings is hereby reduced from $191~339o79 to $154~722o00 and after and in addition to said changes and modifications and re- ductions hereinabove ordered in paragraphs 1 and 3~ each of the indi- vidual assessments under said portion of the assessment in these pro- ceedings which includes a unit charge shall be reduced by $362°07 (based on a reduction to $395°00 for each unit charge)° 5o The total assessment in these proceedings is hereby reduced from $328,683°95 to $287~735o16o 6o Ail of said changes and modifications and reductions of assessments shall be made by the filing of an amended Report and Assessment under Resolution of Intention No° 687~ adopted by this Board on July 7, 1966o · - PrSsident South Tahoe Public Utility District ATTEST~ Clerk and Ex-Officio Secretary -3- I hereby certify that the foregoing is a full, true and cor- rect 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 meeting thereof duly held on the 5th day of DECEMBER, 196~,,, , by the following vote°~ AYES~ and in favor thereof, Directors~ Wakeman, Kortes, Fesler~QE~l~, Hegarty NOES, Directors: None ABSENT~ Directors~ ~ MELIKEAN ~ Clerk and Ex-Officio Secretary South Tahoe Public Utility District