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Resolution No. 3149-20 Sewer Enterprise Fund1 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. 3149-20 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT ADOPTING THE AMENDED BUDGET FOR THE SEWER ENTERPRISE FUND FOR FISCAL YEAR 2020/21, AND SUPERSEDING RESOLUTION NO. 3141-20 IN ITS ENTIRETY WHEREAS, on April 16, 2020, the Board of Directors of the South Tahoe Public Utility District held a public meeting and directed District staff to develop the proposed budget for Fiscal Year 2020/21 with a proposed sewer service charge rate increase of 0% to fund the 2020/21 Sewer Capital Improvement Plan and operating budget of the Sewer Enterprise Fund; and WHEREAS, on May 21, 2020, the Board of Directors of the South Tahoe Public Utility District approved Resolution No. 3141-20 adopting the Fiscal Year 2020/21 Sewer Enterprise Fund budget; and WHEREAS, subsequent to the adoption of Resolution No. 3141-20, the District desired to amend the budget to incorporate budget reductions to partially, or completely offset the current and potential future financial impacts of COVID 19. NOW, THEREFORE BE IT RESOLVED, by the Board of Directors of the South Tahoe Public Utility District that: The attached amended budget in the amount of $30,103,365 is adopted for the Fiscal Year beginning July 1, 2020, and ending June 30, 2021. 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 20'" day of August 2020, by the following vote: AYES: CEFALU, WALLACE, VOGELGESANG, SHEEHAN, EXLINE 11 NOES: NONE II ABSENT: NONE ATTEST: M W. ��' Melonie Guttry, berk of th Board Randy Vogelgesang, Board President South Tahoe Public Utility District