Resolution 2309JHHW:KIJ:jn 10/24/83 0801K
jla 11/03/83
RESOLUTION NO. 2 3 0 9
A RESOLUTION DETERMINING THAT THE PUBLIC INTEREST
AND NECESSITY DEMAND THE ACQUISITION OF CERTAIN
PUBLIC UTILITY WATER WORKS
ANGORA WATER COMPANY
RESOLVED, by the Board of Directors of the South Tahoe Public Utility
District that this Board hereby determines that the public interest and necessity
of the District require the acquisition of all of the stock and existing assets of
the Angora Water Company, a privately owned public utility subject to the
jurisdiction of the Public Utilities Commission of the State of California.
BE IT FURTHER RESOLVED, that the President of the Board of Directors of the
District is hereby authorized to execute a joint application of the Angora Water
Company, the Owners thereof and the District to said Public Utilities Commission
for an Order Authorizing Owners to Sell and Transfer all of the Corporation's
Capital Stock to the District and Authorizing the District to dissolve Angora Water
Company and to Distribute all of its Corporate Assets to the District, all
substantially in form this day presented to this Board, and the Clerk and ex-
officio Secretary of this Board is authorized to countersign said joint application
on behalf of the District and affix the corporate seal of the District thereto.
BE IT FURTHER RESOLVED, that the President, Clerk, General Manager, and
their respective assistants and other proper officers and employees of the
District, together with general counsel and special counsel of the District, are
hereby authorized and directed to execute and deliver any and all papers and
instruments and to do and cause to be done any and all acts and things necessary or
proper for carrying out the transaction contemplated by this Resolution.
PASSED AND ADOPTED at a duly held meeting of the Board of Directors of the
South Tahoe Public Utility District on Nov. 3 1983, by the following vote:
AYES:Directors Jones, Olson, Madden and Wynn
NOES:None
ABSENT: Director Lowe
Pr dent of the d of Directors of
uth Tahoe Pu c Utility District
ArkCe-4 South Tahoe ublic Utility
Distr ct and Ex-Officio Secretary of
the Board of Directors thereof
I hereby certify that the foregoing is a full, true and correct copy of
Resolution No. 2309 duly and regularly adopted by the Board of Directors of the
South Tahoe Public Utility District, E1 Dorado County, California.
Ae an x-Officio Secretary of the
Board of irectors of the South Tahoe
Public Utility District
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