Resolution No. 3050-17 Debt Management Plan1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
RESOLUTION NO. 3050-17
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
ADOPTING A DEBT MANAGEMENT POLICY
WHEREAS, the South Tahoe Public Utility District is an issuer of public debt; and
WHEREAS, California Senate Bill 1029, adopted in September 2016, requires
public debt issuers who issue debt after January 1, 2017 to have an adopted debt
policy; and
WHEREAS, the South Tahoe Public Utility District may issue debt after
January 1, 2017.
NOW, THEREFORE BE IT RESOLVED, by the Board of Directors of the South
Tahoe Public Utility District that:
The Debt Management Policy, as provided in Exhibit A, is approved effective
February 2, 2017.
WE THE UNDERSIGNED, do hereby certify that the above and foregoing
resolution was duly and regularly adopted and passed by the Board of Directors of the
South Tahoe Public Utility District at a regular meeting duly held on the 2nd day of
February, 2017, by the following vote:
AYES:
NOES:
ABSENT:
CEFALU, JONES, VOGELGESANG, SHEEHAN, WALLACE
NONE
ATTEST:
Melonie Guttry, Clerk of thetoard
South Tahoe Public Utility District
Randy Vogelgesang, Board President
South Tahoe Public Utility District