Ordinance No. 165 - RetiredWJML: JS :amf 3-1~-68 15C
ORDINANCE NO% 6 S
AN ORDINANCE AWARDING SALE OF BONDS
ASSESSMENT DISTRICT 1967-1
SECOND SALE - $563,121.40
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. ?96 adopted by
this Board on March 20, 1967, as subsequently amended, 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 purchase of said bonds, and said bids
have been received and publicly opened, examined and declared by
this Board.
2. 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
First California Company
· 300 Montqo~ery St; San Francisco, as the highest responsible bidder
California
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.
President of th% South Tahoe Public Utility District
AT~F~T:
Clerk-and ex-officio Secreta~ ....
I hereby certify that the foregoing is a full, true and
correct copy of an Ordinsnce adopted by the Board of Directors
of the South Tahoe Public Utility District, E1 Dorado County,
California, at a meeting thereof duly held on the 21st day of
March~ 1968, by the following vote:
AYES, and in favor thereof, Directors:
Fesler, Wakeman, Kortes, Ream and Hegarty
NOES, Directors: None
Dire ctors:
~BSENT,
None
Clerk~and ex-officio Se~-ret~ar~