Ordinance No. 320 - RetiredORDINANCE NO. 3 2 0
AN ORDINANCE OF THE SOUTH TAHOE PUBLIC UTILITY
DISTRICT FOR IMPROVEMENT DISTRICT NO. U-1 OF THE
SOUTH TAHOE PUBLIC UTILITY DISTRICT ESTIMATING
THE MINIMUM AMOUNT OF MONEY TO BE RAISED BY
TAXATION FOR SAID DISTRICT AND FIXING OF RATES
OF TAXES 1980-1981 FISCAL YEAR
BE IT ENACTED by the Board of Directors of the South Tahoe
Public Utility District, County of E1 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 %~ill 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 purposes to pay the annual
principal and interest on said bonds, to pay such part of the
principal and interest as will fall due in the fiscal year
1980-1981 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 1980-1981 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-Eight Thousand Dollars ($248,000.00). 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-1
at the rate of $0.355 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 E1 Dorado County, the Board
of Supervisors, E1 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-1 of the South Tahoe Public Utility District
at the rate of $0.355 per One Hundred Dollars ($100.00) of assessed
value of said property within said Improvement District. All of
the property wihtin said District is benefited by said bonded debt.
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 in said District, and at least one (1) week before
the expiration of said thirty (30) day 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.
PASSED AND ADOPTED at a duly held meeting of the Board of
Directors of theSouth Tahoe Public Utility District on Septem-
ber 4, 1980, by the following votes:
AYES: DIRECTORS OLSON, KASHUBA, WYNN, MADDEN AND JONES
NOES: NONE
ABSENT: NONE
~-'~W'~'~'~" 'Neai'~son, Ptesioent of the Board
SOUTH TAHOE PUBLIC UTILITY DISTRICT
ATTEST:
Mary ~/ ~bros , ~ - ficio
Secrefary of the Board
SOUTH TAHOE PUBLIC UTILITY DISTRICT
STATE OF CALIFORNIA
COUNTY OF EL DORADO
AFFIDAVIT OF~
ORDINanCE N~u
)
)ss
)
CHESTER A. HORNING, 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.3 2 0 in form attached
hereto and by reference made a part hereof, in three public
places in the District, as follows:
1. City Of South~',L~ke Tahoe
Administration Bldg.
South Lake Tahoe, Ca.
2. Bijou Post office Station
South Lake Tahoe, California
3. Tahoe Valley Post office Station
South Lake Tahoe, California
That said posting was completed on the 5th
day of S~pt~mh~r
, 1980
C~ester A. H~rning ~
Subscribed and sworn to before me this
5th day of September _, 1980.
/~o~c~-pffb~c~n and for the County of
E1 ~loradoySt~te of California.
My Commission Expires 11/19/~2.
AFFIDAVIT OF PUBLICATION
Affid~Lof Publication of
$£P 1 il 980
FOR
TO
BE ~!
STATE OF CALIFORNIA
County of El Dorado
I am a citizen of the United States and a resident of
the County foresaid: I am over the age of eighteen
years, and not a part to or interested in the above-
entitled matter. I am the principal clerk of the printer
of The Tahoe Daily Tribune - Tahoe Sierra Tribune a
newspaper of general circulation, printed and
published daily in the City of South Lake Tahoe,
County of El Dorado, and which newspaper has been
adjudged a newspaper of general circulation by the
Superior Court of the County of El Dorado, State of
California, under the date of March 6, 1970 Case
Number 18569, that the notice of which the annexed
is a printed copy (set in type not smaller than
nonpareil), has been published in each regular and
entire issue of said newspaper and not in any
supplement thereof on the following dates, to wit:
sept 1~
all in the year 19 80
I certify (or declare) under penalty of perjury that
the foregoing is true and correct.
Dated at South Lake Tahoe
_.,dateofs,~tet~,~ 19 80
pay
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