Ordinance No. 144ORDINANCE NO. 1 4 4
AN ORDINANCE AMENDING ORDINANCES NUMBERED 2 AND 88
WITH RESPECT TO DEPOSIT OF FUNDS OF~THE SOUTH TAHOE
PUBLIC UTILITY DISTRICT AND THE BOND OF THE,ASSISTANT
TREASURER, AND PROVIDING FOR PAYING AGENCY AGREEMENTS
BE IT ENACTED by the Board of Directors of SOUTH TAHOE PUBLIC
UTILITY DISTRICT, E1 Dorad° County, California, as follows:
lo That all funds to pay principal and interest of any bonds
of the District, except Revenue Bonds, shall be deposited with the
Treasurer of E1 Dorado County, as ex-officio Treasurer of the Dis-
trict. Bonds may be paid from said funds by said Treasurer through,
and may be registered by, any paying and regSstration agent or agents
acting for the County of E1 Dorado pursuant to a paying agency agree-
ment entered into by said County, provided that the Board of Direc-
tors of District approve and ratify such agreement with respect to
applicability thereof to District's bonds.
2o That all income and receipts of the District, including
proceeds of taxes levied by the District, excluding however said
funds to be deposited with the Treasurer of E1 Dorado County as above
provided~ shall be received by the Assistant Treasurer of the Dis-
trict, who shall keep same in appropriate funds as provided by law
or as heretofore or hereafter established by the District. Said in-
come and receipts shall be deposited in state or national banks sit-
uate within the boundaries of the South Tahoe Public Utility District°
3o That the Assistant Treasurer and Clerk of the SOuth Tahoe
Public UtilitY District shall be included under the District's ex-
isting Public Employees Blanke't Coverage Endorsement, insuring all
employees bY'Faithful Performance Blanket Position Coverage, and any
renewal or replacement thereof, in the indemnity amount of $10,000o00.
4o This ordinance amends only those provisions of Ordinances
numbered 2 and 88 which are inconsistent herewith, and in all other
respects Ordinances numbered 2 and 88 are hereby ratified, confirmed
and shall remain in full force and effect.
5. Certified copies of this ordinance shall be forwarded by
the Clerk of the District to the County Treasurer and County Audi-
tor of E1 Dorado County°
PASSED and ADOPTED this 18th day of MAY , 1967,
by the following vote:
AYES~ Directors: Fesler, Wakeman, kortes, Hegarty, Melikean
NOES~ Directors: None
ABSENT E Directors: None
ATTEST
Clerk and ']Ex-Officio Secretary
South Tahoe Publ'ic Utility
District
resid~nt,-Boar~
South Tahoe Public Utility
District
-2-
CERTIFICATE OF POSTING
STATE OF CALIFORNIA )
ss
COUNTY OF EL 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.
0n the~~~/ ~
~ day of ~ , 1967, I posted the
Ordinance to which this certificate is attached, by posting a
full, true and correct copy thereof in each of the three follow-
ing public places:
1. South Lake Tahoe Post Office .... Bijou Station, California
2. South Lake Tahoe Post Office .... Tahoe Valley Station, California
3. South Lake Tahoe Post Office .... Stateline Station,C&ifornia
IN WITNESS WHEREOF I hereunto subscribe my name and
/
affix the seal of SOUTH TAHOE PUBLIC UTILITY DISTRICT thi~~
day of~7~/
, 1967.
· DAvI~~ ~ CALLAHAN, Cler'k of the
South Tahoe Public Utility Dis-
trict and Ex-Officio Secretary of
the Board of Directors thereof
(SEAL)