Ordinance No. 61 - Retired 1
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~:RLY AND WEIDMAN
I~-LAc E:RVI LLE, CALIF.
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ORDINANCE NO. 61
AN ORDINANCE STATING THE PURPOSE FOR
WHICH .T~S ARE NECESSARY AND FIXING
THE AM0~T OF MONEY NECESSARY TO BE
RAISED BY, TAXATION - 1960-61 FISCAL
YEAR BY SOUTH TAHOE PUBLIC UTILITY.
DI STRI CT
BE IT ENACTED by the Board of Directors of the SOUTH TAHOE
PUBLIC uTILiTY DISTRICT, County of E1 Dorado, State of california,
as follows:
1. It is hereby determined that the revenues of SOUTH TAHOE
PUBLIC UTILITY DISTRICT during the fiscal year 1960-61 are inade-
quate to'Pay'the Principal or interest on the bonded debt of said
District as it becomes due during said fiscal year, and that the
interest and sinking fund payments for said fiscal~ year cannot be
met out of surplus earnings for said year for the public utility or
public utility work for which said bonds were issued, and that said
payments cannot be met out of the monies of the general fund of
said District, appropriated or transferred to the sinking fund of
the public utilities for which said bonds were issued, and there-
fore taxes shall be levied for such purposes to pay the annual in-
terest on said bonds, to pay such part of the principal as will fall
due in the fiscal year 1960-61 and to provide for sinking fund
payments of the next succeeding fiscal year.
2. The amount of money necessary to be raised by taxation
during the fiscal year 1960-61 for the payment of said annual
interest on said bonds for said fiscal year and for the payment
of such part of the principal as will fall due during said fiscal
~ear, and to provide for the sinking fund payments of the next
succeeding fiscal year is ONE HUNDRED FORTY-NINE THOUSAND, FOUR
HIR~DRED FI~ DOLL~S ($149,415.00), and the rate of taxation for
said purpos~ based on the number of Cents upon each ONE HUNDRED
DOLLARS ($100.00) value of property assessed by t'he E1 Dorado Count
%sSessor and returned to the Board Df Supervisors of said County by
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~RLY AND WEIDHAN
the Auditor of said County is hereby fixed by the Board of Direc-
tors of said District at $0.64 and therefore levied at $0.64 per
said ONE HUNDRED DOLLARS ~$100.00) assessed value of said property
within said Ois riC ,
3. I~ is further determined that funds for maintenance and
operation of SOUTH TAHOE PUBLIC UTILITY DISTRICT during the fiscal
year 1960-61 are needed to Carry out the object~ and purposes of
said District, which said funds cannot be provided out of revenues
of said 'District during said fiscal year.
4' The amount of money necessary to be raised for taxation
during the fiscal year 1960-61 for the maintenance and operation of
SOUTH TAHOE PUBLIC UTILITY DI~RICT needed to carry out the objects
and~purposes of'Said Dis~rtct,'whtch said funds cannot be provided
out of revenues of said District during said fiscal year is NINETY-
FIVE TH0~D DOLLARS ($95,000.00), and the rate of taxation for
said purposes based on'the number of cents upon each 0NE HUNDRED
DOLLARS ($100.00) value of property assessed by the E1 Dorado
County ASsessor and returned to the Board of Supervisors of said
County by the Auditor of said County is hereby fixed by the Board
of Directors of SOUTH TAHOE PUBLIC UTILITY DISTRICT at $0.40 and
therefore levied 'at'$0440 per said oKE'HUNDRED' DOLLARS ($100.00)
assessed value of said property within said DistriCt.
5. This ordinance shall take effect thirty (30) days after
its passage. At least one (1) week before the expiration of said
thirty (30) days, copies of~said ordinance shall be posted by the
Clerk of the SOUTH TAHOE PUBLIC UTILITY DISTRICT at three (3)
Public places~in'the said DiStrict, and at least one (1) week be-
fore the expiration of said thirty (30) days this Ordinance shall
be published in the LAKE TAHOE NE~S, a newspaper of general circu-
lation, printed and pUbliShed in ~he said District, one (1) time.
6. A certified copy of this Ordinance shall be transmitted
to the County Auditor of the County of E1 Dorado, State of
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ERLY AND WEIDHAN
California, and the County Treasurer of said County upon its
ad option o
PAS~ED AND ADOPTED this 18th day of August, 1960, by the
following Vote:
AYES:
Now. s:
Directors GOERINGER, PANKOST, SOUZA, WAKEMAN and WALL
Directors None
ABSE~NT: Directors None.
'No-~man L. Go6ringer, ~sldmut of
the Board of Directors b6f South
Tahoe Public Utility District.
~ 'F; Pan]los-t,- Clerk of""the
SOuth Tahoe Public Utility
District and Ex-Officio Secretary
of the Board of Directors thereof.
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'ERLY AND W£1DMAN
I~'I..AI~ E RVI LLE, {~ALI F,
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CERTIFICATE OF POSTING
STATE OF CALIFORNIA)
( SS.
COUNTY 0FEL DORADO)
I, the undersigned, do hereby certify that I am the Clerk
of SOUTH TAHOE PUBLIC UTILITY DISTRICT, County of E1 Dorado, State
of California, and Ex-Officio Secretary of the Board of Directors
thereof.
On the~ day of August, 1960, I posted the ordinance to
which this certificate is attached, by posting a full, true and
correct copy thereof in each of the three following public places:
One (1) copy at Stateltne, California Post Office; one (1) copy
at Bijou, California Post Office and one (1) copy at Tahoe Valley,
California Post Office.
IN WITNESS WHEREOF I Hereunto subscribe my name and affix
the seal of SOUTH TAHOE PUBLIC UTILI~ DISTRICT this day of
August, 1960.
Earle F.-'Pa~oSt,"Clerk of
South Tahoe Public Utility Distric~
and Ex-Officio Secretary of the
Board of Directors thereof.
( SEAL )
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'~ERLY AND WEIDMAN
ONI~ HA
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CERTIFICATION OF ORDINANCE
STATE OF CALIFORNIA)
( SS.
c0 mTY OF EL D%ADO)
I, EARLE F. PANK0ST, Clerk of the SOUTH TAHOE PUBLIC
UTILITY DISTRICT, County of E1 Dorado, State of California, and
EX-officio Secretary of the Board of Directors thereof, do hereby
certify that the attached Ordinance No. 61, An Ordinance Stating
the Purpose for Which Taxes are Necessary and Fixing the Amount of
Money Necessary to be Raised by Taxation - 1960-61 Fiscal Year by
South Tahoe Public Utility District, is a true, full and correct
copy thereof and that said Ordinance was duly adopted by the Board
of Directors of SOUTH TAHOE PUBLIC UTILITY DISTRICT at a regular
meeting held on August 18, 1960' and the' original Of said ordinance
is on file in the office of said SOUTH TAHOE PUBLIC IYi'ILITY DISTRIC
IN WITNESS WHEREOF I hereunto subscribe my name and affix
;he seal of SOUTH TAHOE puBLIC ' UTILITY DISTRIC~ this ~5-~ day of
~oard of Directors thereof,
( SEAL )