Ordinance No. 169 - RetiredT~J~d&L: JS; ph
6-18-68 15C
AT ~$EST~-~
Clerk'~d ex-offi'diO Secretary
ORDINANCE NO. 1 6 9
AN ORDINANCE AWARDING SALE OF BONDS
ASSESSMENT DISTRICT 1967-3B
BE IT ENACTED by the Board of Directors of the South Tahoe
Public Utility District~ E1 Dorado County~ California~ that
1. Pursuant to Resolution of Intention No. 974 adopted by
this Board on November 16, 1967 and its Resolution calling for bids
on sale of bonds~ notice of said sale has been duly given~ and this
is the time and place fixed therein for receiving bids for the pur-
chase of said bonds, and said bids have been received and publicly
opened~ examined and declared by this Board°
2o All written bids received for the purchase of said bonds~
excepting the bid herein stated~ be~ and they are hereby~ rejected
and said bonds~ and they are hereby~ ordered sold to
F~st Califo~ta Co SanFrancisco~Oa~ the highest responsible bidder
therefor, said sale to be subject to all of the terms and conditions
set forth in the Notice of Sale and in said accepted bid.
3~ That the treasurer be~ and he is hereby~ directed to have
the bonds printed and that the same be signed~ sealed and delivered
to said bidder on receipt of the amount therefor as above stated~
and upon the performance of the conditions contained in said written
offer.
4~ That the interest rate of said bonds be~ and the same is
hereby~ fixed at the rate stated in said bid.
/ ~
Presi~nt of the' SOuth TahOe Publid"
Utility District
I hereby certify that the foregoing is a full~ true and
correct copy of an Ordinance adopted by the Board of Directors
of the South Tahoe Pub]~ic Utility District, E1 Dorado County~
California~ at a meeting thereof duly held on the 20th day of
June, 1968, by the following vote:
AYES, and in favor thereof~ Directors:
FESLER, WAKEA4AN,, KORTES, HEGARTY, REAM
NOES, Di~ectors~ None
ABSENT, Di~ectors~ None
'CI~'rk and ex-effic'io Secret&'~y