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3269-24 Terminating Water License Agreements2 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 RESOLUTION NO. 3269-24 A RESOLUTION BY THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT TERMINATING WATER LINE LICENSE AGREEMENTS EFFECTIVE UPON SALE OF THE PROPERTY TO THE STATE OF CALIFORNIA WHEREAS, the South Tahoe Public Utility District ("District") entered into a water line license agreement with Knox Van Dyke Johnson et al. ("Licensor") recorded in the official records of El Dorado County at Book 2119 at Page 605 which grants the District permission for the construction, re -construction, repair, maintenance, and operation of a water line across the subject property; and, WHEREAS, the South Tahoe Public Utility District ("District") entered into a water line license agreement with Carrows Restaurants, Inc., the sublessee of Motel 6 for a portion of Licensor's property, recorded in the official records of El Dorado County at Book 2116 at Page 328 which grants the District permission for the construction, re -construction, repair, maintenance, and operation of a water line across the subject property; and WHEREAS, the South Tahoe Public Utility District desires to relinquish their rights under the water line license agreements and terminate any further interest in the Licensor's property upon completion of a pending sale of the properties to the State of California. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the South Tahoe Public Utility District as follows: Section 1. The District hereby voluntarily releases, relinquishes and terminates all right title and interest in the Knox Van Dyke Johnson Water Line License Agreement recorded in the official records of El Dorado County at Book 2119 at Page 605 upon condition that the property is sold to the State of California and to be effective as of the date of the close of escrow completing the sale to the State of California. Section 2. The District hereby voluntarily releases, relinquishes and terminates all right title and interest in the Water Line License Agreement between the District and Carrows Restaurants, Inc. recorded in the official records of El Dorado County at Book 2116 at Page 328 upon condition that the property is sold to the State of California and to be effective as of the date of the close of escrow completing the sale to the State of California. Section 3. The District Clerk of the Board is hereby authorized to record or have 1 2 3 4 5 6 7 8 9 10 11 12 13 II 14 I I 15 ji 16 1 17 18 19 20 21 22 23 24 25 26 27 28 recorded this Resolution No. 3269-24 in the official records of the County of El Dorado County, CA. WE, THE UNDERSIGNED, do hereby certify that the above and foregoing Resolution No. 3269-24 was duly and regularly adopted and passed by the Board of Directors of the South Tahoe Public Utility District at a Regular meeting held on the 7th day of March, 2024, by the following vote: AYES: Haven, Romsos, Peterson, Sheehan, Exline NOES: None ABSENT: None David Peterson, Board President South Tahoe Public Utility District ATTEST: Melonie Guttry, Executive Se ces Manager/ C;erk of the Board South Tahoe Public Utility District Resolution No. 3269-24 Page 2 March 7, 2024