Resolution No. 1023WJML:RJH:gbb 1/31/68 8c
RESOLUTION NO. 1 0 2 3
A RESOLUTION AMENDING RESOLUTION NO. 997, A
RESOLUTION DETERMINING UNPAID ASSESSMENTS
AND PROVIDING FOR ISSUANCE OF BONDS
ASSESSMENT DISTRICT 1967-2
RESOLVED, by the Board of Directors of the South Tahoe
Public Utility District, E1 Dorado County, California, that
WHEREAS, this Board did on December 7, 1967, pass and adopt
its Resolution No. 997, A Resolution Determining Unpaid Assess-
ments and Providing for Issuance of Bonds, section 4 of which re-
lates in part to the proportional payment of unpaid assessments
in each year preceding the date of maturity for bonds issued;
WHEREAS, this Board did on November 16, 1967, pass and adop
its Resolution No. 952, A Resolution Classifying Assessments;
NOW, THEREFORE~ IT IS HEREBY ORDERED that section 4 of said
Resolution No. 997 be changed to conform to the provisions of sai~
Resolution No. 952 by amending said section 4 to read as follows:
"4° Said bonds shall be issued in series, and the un-
paid assessments as shown on said list filed with the County
Treasurer of E1 Dorado County, as ex-officio Treasurer of said
District, and determined by this Board, together with the in-
terest 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 years of maturities therefor as set forth in Resolution No.
952, and an annual proportion of each assessment less than
$1,000 shall be payable in each year preceding the date of ma-
turity for each of the several bonds issued and numbered 1
through 312, and an annual proportion of each assessment o'f..:~
$1,000 or over shall be payable in each year preceding the date
of maturity for each of the several bonds issued and numbered
i through ?13, which annual proportions for each year shall
total the amount of the several bonds issued which mature in the
succeeding year, and such proportion of each assessment coming
due in ~uy year, together with the annual interest thereon,
shall in turn be payable in installments as the general taxes
of said County on real property are payable~ ~nd shall become
delinquent at the s~me time and in the s~ne proportionate
amounts and bear the same proportionate penalties for delin~~
quencyo
President
South Tahoe Public Utility District
Clerk ~nd Ex-officio Secretary
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
day of February , 1968, by the following vote:
1Sth
AYES, and in favor thereof, Directors:
NOES, Directors: None
Wakeman
Kortes
Fesler
Hegarty
Ream
ABSENT,
Directors:
None
Clerk and Ex.officio Secretary
South Tahoe Public Utility District
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