Ordinance No. 330 - Retired
ORDINANCE 330
AN ORDINANCE OF THE SOUTH TAHOE PUBLIC UTILITY
DISTRICT FOR IMPROVEMENT DISTRICT NO. U-l OF THE
SOUTH TAHOE PUBLIC UTILITY DISTRICT ESTI~~TING
THE MINIMUM AMOUNT OF MONEY TO BE RAISED BY
TAXATION FOR SAID DISTRICT AND FIXING OF RATES
OF TAXES 1981-1982 FISCAL yEAR......
BE IT ENACTED by the Board of Directors of the South Tahoe
Public Utility District, County of El Dorado, State of California,
as follows:
(1) It is hereby determined that revenues of Improvement
District No. U-l, South Tahoe Public Utility District during the
fiscal year 1980-1981 are inadequate to pay the principal and
interest on the bonded debt of said Improvement District incurred
in the years 1967-1968 during said fiscal year and principal and
interest that will become due before the proceeds of the next
general tax levy will be available cannot be met out of revenues
for said year for said Improvement District, and, therefore, taxes
shall be caused to be levied for such pruposes to pay the annual
principal and interest as will fall due in the fiscal year
1981-1982 and to pay the principal and interest that will become
due before the proceeds of the next tax levy will be available.
(2) The estimated minimum amount of money required to be
raised by taxation during the fiscal year 1981-1982 for the pay-
ment of said annual interest on said bonded debt incurred during
the years 1967-1968 and for payment of such part of the principal
and interest as will fall due during said fiscal year and to pay
the principal and interest that will become due before the proceeds
of the next general tax levy will be available is Two Hundred
Forty Seven Thousand Dollars ($247,000.00). There is no amount
of money required by said Improvement District to be raised by
taxation during the fiscal year for all other purposes of said
District.
(3) The rate of taxation is hereby fixed by the Board of
Directors of said District for said Improvement District No. U-l
at the rate of $0.3214 per one hundred dollars ($100.00) of
assessed value of said property within said Improvement District.
It is, therefore, directed that at the time and in the manner re-
quired by law for levying taxes for El Dorado County, the Board
of Supervisors, El Dorado County shall levy, in addition to any
other taxes it levies, a tax upon all of the property in Improve-
ment District No. U-l of the South Tahoe Public utility District
at the rate of #0.3214 per one hundred dollars ($100.00) of assessed
value of said property within said Improvement District. All of
the property within said District is benefited by said bonded debt.
1-
(4) This ORDINANCE shall take effect thirty (30) days after
its passage. At least one (1) week before the expiration of said
thirty (30) day period, copies of said ORDINANCE shall be posted by
the CLERK of the South Tahoe Public utility District at three (3)
public places within said District, and at least one (1) week before
the expiration of said thirty (30) days period, this ORDINANCE shall
be published in the Tahoe Daily Tribune, a newspaper of general
circulation, printed and published in said District one (1) time.
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33d
ORD. NO. 330
Page -2-
PASSED AND ADOPTED at a duly held meeting of the Board of Directors
of the South Tahoe Public utility District on the 6th day of
August 1981, by the following vote:
AYES:
DIRECTORS OLSON, KASHUBA, JONES, WYNN,
NOES:
NONE
ABSENT:
MADDEN
. rt
ALTER "NEAL" OLSON, PRESIDENT
SOUTH TAHOE PUBLIC UTILITY DISTRICT
ATTEST:
~---,
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// //1 '/
~'_ -L--- / /'_
Mary D. brose, Clerk
officio ~ecretary
South Tahoe Public Utility District
'/
f~ L.(J-L--{/
of Board and ex-
********
AFFIDAVIT OF POSTING
ORDINN~CE NO. 330
STATE OF CALIFORNIA )
) ss
COUNTY OF EL DORADO )
BOB E. EPPLER
, being first duly sworn,
deposes and says:
That for and on behalf of the Clerk and ex-
Officio Secretary of the SOUTH TAHOE PUBLIC UTILITY DISTRICT
affiant posted copies of ORDINANCE NO. 330 in form attached
hereto and by reference made a part hereof, in three public
places in the Districtt as follows:
1. city 6f South/,L~ke Tahoe
Administration Bldg.
South Lake Tahoe, Ca.
2. Bijou Post Office Station
South Lake Tahoet California
3. Tahoe Valley Post Office Station
South Lake Tahoe, California
That said posting was completed on the ~
day of
1/ U t;;
, 1981
~ . ~~
Ii,' ,-0'2
U c ~J._
BOB E. EPPLER /
Subscribed and sworn to before me this
7th
day of August
1981
t
Notary Public in and for the County of
El Dorado, State of California.
f-1y Commission Expires 11/19/82.