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Resolution No. 769WJML:RD:rd 1/31/67 10c RESOLUTION NO. 7 6 9 A RESOLUTION DETERMINING UNPAID ASSESSMENTS AND PROVIDING FOR ISSUANCE OF BONDS SOUTH TAHOE PUBLIC UTILITY DISTRICT ASSESSMENT DISTRICT NO. 1966-1 RESOLVED, by the Board of Directors of the South Tahoe Public Utility District, E1 Dorado County, California, that WHEREAS, said Board did on July y, 1966 pass and adopt its Resolution of Intention NOo 687 relating to the acquisition and construction of public improvements in said District under and pursuant to the provisions of the Municipal Improvement Act'of 1913, and amendments thereto, and did therein provide that serial bonds would be issued thereunder pursuant to the provisions of the Improve- ment Bond Act of 1915, reference to said Resolution of Intention hereby being expressly made for further particulars; WHEREAS, notice of the recordation of the assessment and of the time within which assessments may be paid in cash has been duly published and mailed in the manner provided by law, and the time so provided for receiving the payment of assessments in cash has expired, and the Clerk of said District has filed with the County Treasurer of E1 Dorado County and ex-officio Treasurer of said District a list of all assessments which now remain unpaid; and WHEREAS, the Board has duly considered said list and has deter- mined that the same is an accurate statement thereof; NOW, THEREFORE, IT IS HEREBY ORDERED, as follows: 1o That the assessments in said unpaid list which now remain unpaid, and the aggregate thereof, are as shown on Exhibit "A" hereto attached and by reference made a part hereof° 2o That for a particular description of the lots or parcels of land bearing the respective assessment numbers set forth in said unpaid list and upon which assessments remain unpaid, severally and respectively, reference is hereby made to the assessment and to the diagram recorded in the office of the District Engineer of South Tahoe Public Utility District and in the office of the County Surveyor of E1 Dorado County after confirmation by said Board, the several lots or parcels of land represented by said assessment numbers being so numbered and designated upon said diagram and assessment as so confirm- ed and recorded, severally and respectively. 3o The unpaid list is in the amount of $233,201.41 and bonds shall be issued upon the security of said unpaid assessments in said amount in accordance with the provisions of the Improvement Bond Act of 1915 (Division 10 of the Streets and Highways Code) and under and pursuant to the provisions of said Resolution of Intention and the proceedings thereunder duly had and taken~ that said bonds shall be two hundred thirty-four (234) in number, shall be dated February 15, 1967~ and bear interest from their date at the rate of not to exceed six per cent (6%) per annum, and the denomination of said bonds with their respective numbers and dates of maturity are as shown on Exhibit "B" hereto attached and made a part hereof by reference° 4o Said bonds shall be issued in series, and the .unpaid assess- ments as shown on said list filed with the County Treasurer of E1 Dorado County, ex-officio Treasurer of said District, and determined by said Board, together with the interest thereon, shall remain and constitute a trust fund for the redemption and payment of said bonds and of the interest~which may be due thereon, which unpaid assessments shall be taxable in annual series corresponding in number to the number of series of bonds issued, and an annual proportion of each assessment shall be payable in each year preceding the date of the maturity for 2 EXHIBIT "A" LIST OF UNPAID ASSESSMENTS SOUTH TAHOE PUBLIC UTILITY DISTRICT ASSESSMENT DISTRICT 1966-1 Assessment Number 66-1-001 66-1-002 66-1-003 66~1-004 66-1-006 66-1-007 66-1-009 66-1-010 66-1-011 66-1-013 66-1-014 66-1-016 66-1-017 66-1-018 66-1-019 66-1-020 66-1-021 66-1-022 66-1-024 66-1-025 66-1-026 66-1-027 66-1-028 66-1-030 66-1-031 66-1-032 66-1-033 66-1-034 66-1-035 66-1-036 66-1-037 66-1,038 66-1-039 66-1-040 66-1-042 66-1-043 66-1-045 66-1-046 66-1-047 66-1-048 66-1-049 66-1-051 66-1-053 66-1-054 66-1-058 66-1-059 66-1-o6o 66-1-061 '66-1-062 66-1-063 66-1-064 66-1-065 66-1-066 Assessor's Parcel No. 27-o3o-o3 27-030-02 29-111-Ol 29-111-o2 29-111-o4 29-111-o5 29-111-07 29-111-08 29-111-09 29-101-02 29-101-03 29-101-05 29-101-06 29-101-16 29-101-15 29-101-12 29-101-14 29-101-13 29-101-10 29-101-11 29-093-08 29-093-07 29-093-06 29-093-04 29-093-03 29-093-02 29-093-01 29-112-01 29-102-01 29-o92-Ol 29-113-01 29-113-02 29-113-09 29-113-04 29-113-06 29-113-08 29-113-11 29,103-01 29-103-02 29-103-03 29-103-04 29-103-06 29-103-o8 29-1o3-o9 29-103-14 29-103-13 29-091-13 29-091-08 29-091-10 29-091-04 29-091-15 29-091-~6 29-091-02 Amount of Assessment $27,522.00 27,760.97 1,915o52 2,611.81 1,934o26 2,283o81 2,676.96 2,232°94 1,7o3.o8 2,6o3.75 2,235.23 2,219.29 2,469.66 2,234.06 441o77 2,698.48 2,143o95 2,83O.47 1,888.62 1,986.19 1,902o00 2,141o19 2,336.27 5,368.65 2,248°98 2,034.59 2,700°07 15o13 26°70 746o13 2,730.85 3,869°30 1,586o08 2,786°42 2,302o16 1,149o16 1,871o12 2,427o15 2,100o41 3,434°52 1,887o69 2,031o43 1,614o89 1,721o46 3,931o89 1,974o14 2,138.94 2,214.41 1,919o38 2,553.29 2,516o95 1,516o08 1,731o20 The Clerk shall forward a certified copy of this resolution to each, the County Treasurer, County Auditor~ and Bank of America N.T. & S.A.~ corporate trust department, 300 Montgomery Street, San Francisco, California. ,' Presid'e~ of the South Tahoe Public Utility District ATTES~ Clerk and ex-o~ficio Secretary of the South Tahoe Public Utility District 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 meeting thereof duly held on the 2nd day of FEBRUARY ~ 1967~ by the following vote: AYES, and in favor thereof, Directors: WAKEMAN, HEGARTY, KORTES AND MELIKEAN NOES~ Directors: None ABSENT, Directors: ~ DIRECTOR FESLER the South Tahoe Public Utility District 4 each of the several bonds issued, and such proportion of each assess- ment coming due in any year, together with the annual interest there- on~ shall in turn be payable in installments as the general ta×es of said County on real property are payable, and shall become delinquent at the same time and in the same proportionate amounts and bear the same proportionate penalties for delinquency° 5. The bonds shall be executed on behalf of the District and under its official Seal by the Clerk and Treasurer of said District, and the interest coupons attached thereto shall be executed by said Treasurer° For such purpose, the Treasurer may use an engraved, printed or lithographed facsimile of his signature in lieu of signa- ture by hand° The Seal of the District may be affixed to the bonds by printed, lithographed or other reproduction thereof; and such signing and sealing of said bonds by said officers, and signing of said coupons by said Treasurer, shall constitute and be a sufficient and binding execution of each and every one of said bonds and coupons thereof respectively. Said bonds shall be substantially in the form set forth in the Improvement Bond Act of 1915o 6° The coupons attached to each of said bonds, and evidencing the interest to accrue thereon, shall be numbered consecutively and be substantially in the following form~ to wit: SOUTH TAHOE PUBLIC UTILITY DISTRICT, E1 Dorado County, California, will pay to bearer at Bank of America NoTo & S.Ao, Main Office, San Francisco, Califo, paying agent of its Treasurer, or at correspondent banks in New York, No Yo, or Chicago, Ill., or at the County.Treasurer's office in Placerville, Califo, the sum shown hereon being interest due on Improvement Bond dated February 15, 1967~of SERIES Ko On 2, Coupon No° BOND NO° County' Treasurer and ex.officio DistriCt Treasurer Assessment Number 66-1-o70 66-1-071 66-1-072 66-1-073 66-1-074 66~1-075 66-1-076 66-1-077 66-1-079 66-1-o81 66-1-082 66-1-085 66-1-086 66-1-088 66-1-089 66-1-09o 66-1-091 66-1-o92 66-1-093 66-1-o94 66~1-096 66-1-097 66-1-098 66-1-099 66-1-103 66-1-105 66-1-106 66-1-107 66-1~108 66-1-1o9 66-1-1lo 66-1-1ll 66-1-113 66-l-114 66-1-115 66-1-116 66-1-117 66-1-119 66-1-120 66-1-123 Assessor's Parcel No. 29-091-09 29-091-11 29-091-17 29-114-01 29-114-03 29-114-04 29-131-13 29-131-01 29-131-02 29-131-04 29-131-05 29-131-07 29-131-12 29-121-04 29-121-02 29-121-03 29-121-06 29-132-14 29-132-15 ~9-132-02 29-132-04 29-132-06 29-132-07 29-132-09 29-132-08 29-132-13 29-141-01 29-141-13 29-141-0B 29-141-06 29-141-08 29-141-12 29-141-27 29-141-26 29-I42-01 29-142-02 29-142-03 29-142-05 29-142-06 29-090-01 Amount of Assessment $ 2,185o4O 1,837o16 1,473.56 711o84 1,843.45 1,338.41 41.16 41o16 42o51 41 o16 47 °83 32° 87 1,014o 32 54 °78 41 o16 41 o16 1,373o26 2,616.94 1,831o76 2,284.68 1,881o86 2,556.73 1,987o59 1,825o04 1,649.26' 2,799°97 4,595.43 4,017o26 2,009°69 1,842o18 1,711o08 2,129o05 2,692.17 22O°67 2,255.35 1,655o88 2,105o65 1,655o88 2,854°25 .5,940°40 $233,201o41 ii Series K Bond Nos. ~ 9 lO - 19 35 - 49 50 - 64 65 - 79 80 - 94 95 - 109 llO - 124 125 - 139 140 - 154 155 - 174 175 - 194 195 - 214 215 - EXHIBIT "B" Annual Principal Amount $ 2o1.41 8,000.00 10,000.00 15,000.00 15,000o00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00 20,000°00 20,000°00 20,000.00 20,000.00 Date of Naturity ~uly 2, 1968 July 2, 1968 July 2, 1969 July 2, 1970 July 2, 1971 July 2, 1972 July 2, 1973 July 2, 1974 July 2, 1975 July 2, 1976 July 2, 1977 July 2, 1978 July 2, 1979 July 2, 1980 July 2, 1981 July 2, 1982