Ordinance No. 280 - RetiredO D NANCE NO.
AN ORDINANCE OF THE SOUTH TAHOE PUBLIC UTILITY
DISTRICT STATING THE PURPOSE FOR WHICH TAXES ARE
NECESSARY, FIXING THE AMOUNT OF MONEY NECESSARY
TO BE RAISED BY TAXATION, FIXING OF RATE OF TAXES
1978 - 1979 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 South Tahoe Public Utility
Dts'trict du-ing [he fiscal year 1978 - 1979 are inadequate to pay the principal
or interest on the bonded debt of said District incurred in the years 1959 - 1960
during said fiscal year, and that the interest and sinking fund payments for
said fiscal year cannot be met out of surplus earnings for said year for the pub-
lic utility or public utility work for which said bonds were issued, and that
said payments cannot be met out of monies of the general fund of said District
appropriated or transferred to the sinking fund of the public utility for which
said bonds were issued, and therefore, taxes shall be levied for such purposes
to pay the annual interest on said bonds to pay such part of the principal as
will fall due in the fiscal year 1978 - 1979 and to provide for sinking fund pay-
ments of the next succeeding fiscal year.
2. The amount of money necessary to be raised by taxation during the
fiscal year 1978 - 1979 for the payment of said annual interest on said bonded
debt incurred during the years 1959 - 1960 for said fiscal year and for the pay-
ment of such part of the prinicpal as will fall due during said fiscal year is
One Hundred Seventy-Five Thousand Dollars ($175,000) and the rate of taxation
for said purpose based on the number of cents upon each One Hundred Dollars
($100.00) value of property assessed by the E1 Dorado County Assessor and
returned to the Board of Supervisors of said County by the Auditor of said
County is hereby fixed by the Board of Dire6tors of said District at $0.08 and
therefore levied at $0.08 persaid One Hundred Dollars ($100.00) assessed value
of said property within the District.
3. It is hereby determined that revenues of South Tahoe Public Utility
District during the fiscal year 1978 - 1979 are inadequate to pay the principal
or interest on 'the bonded debt of said District incurred in the years 1951 - 1952
during said fiscal year, and that the interest and sinking fund payments for said
fiscal year cannot be met out of surplus earnings for said year for the public
utility or public utility work for which said bonds were issued, and [hat said
pas;,ments cannot be met out of the monies of the general fund of said District
appropriated or transferred to the sinking fund of the public utility for which
said bonds were issued, and therefore, taxes shall be levied for such purposes
to pay the annual interest on said bonds, to pay such part of the principal as
will fall due in the fiscal year 1978 - 1979 and to provide for sinking fund pay-
ments of the next succeeding fiscal year.
4. The amount of money necessary to be raised by taxation during the
fiscal year 1978 - 1979 for the payment of said annual interest on said bonded
debt incurred during the years 1951 - 1952 for said fiscal year and for the
payment of such part of the principal as will fall due during said fiscal year,
and to provide for the sinking fund payment of the next succeeding fiscal year
is Thirteen Thousand Dollars ($13,000.00) and the rate of taxation for said pur-
pose based on the number of cents upon each One Hundred Dollars ($100.00)
value of property assessed by the E1 Dorado Goun'ty Assessor and returned to
the Board of Supervisors of said County by the Auditor of said County is hereby
fixed by the Board of Directors of said District at $0.006 and therefore levied
at $0.006 per said One Hundred Dollars ($100.00) assessed value of said
property within said District.
5. 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 the said District, one (1) time.
6. A certified copy of this Ordinance shall be transmitted to the County
Auditor of the County of E1 Dorado, and to the County Treasurer of the County of
E1 Dorado, upon its adoption.
*********************
PASSED AND ADOPTED at a duly held meeting of the Board of Directors of
the South Tahoe Public Utility District on August 31st, 1978, by the following
vote:
AYES, Directors:
NOES, Directors:
ABSENT, Directors:
Lorrene Kas:huba, Ray Fieldcamp, Neal Olson, Jim Jones
Fran Cocking
ntLorrene Kashuba, Pres~d of the Board
SOUTH TAHOE PUBLIC UTILITY DISTRICT
ATTEST:
, /1 - t1 , ...... , / '~ · ..
Secretly of 'the Board
SOUTH TAHOE PUBLIG UTILITY DISTRIGT
I hereby certify that the foregoing is a full, true and correct copy of
Ordinance No. --~ ~'~ , duly and regularly adopted by the Board of Directors
of the South Tahoe Public Utility District, E1 Dorado County, California.
Mary D,/~m/~'rose, Cierk [nd Ex-Officio
Secretary of the Board
SOUTH TAHOE PUBLIC UTILITY DISTRICT
AFFIDAVIT OF POSTING
ORDINANCE 280
STATE OF CALIFORNIA
COUNTY OF EL DORADO
)
)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. 280, in form attached hereto
and by reference made a part hereof, in three public places
in the District, as follows:
City Administrative Buildings
1. 3050 Lake Tahoe Blvd.
South Lake Tahoe, California
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 6th
day of September , 1978.
Chester A. Horningl. ~
Subscribed and sworn to before
me this 6th day of
September , 1978.
My commission expires 11/19/78.
AFFIDAVIT OF PUBLICATION
South Yahoe P'~D
................................................. Affidavit of Publication of
:os~.~EEic.~_ D.o~ AU_ ..........
So uth---~ake-~hee ,~-~-9 570.~
STATE OF CALIFORNIA
County of El Dorado
I am a citizen of the United States and a resident of the
County foresaJd; I am over the age of eighteen years,
and not a part to or interested in the above-entitled mat-
ter. 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 en-
tire issue of said newspaper and not in any supplement
thereof on the following dates, to wit:
sept 15
all in the year 19 78
I certify (or declare) under penalty that the foregoing is
true and correct.
Datedat the tahoe daily tr].bune
California, thisl~'thdate of sept 19 78
Signature
principal a
THE AMOUNT OF MONEY 1975-1979 and fo pro¥1de fm' sinking fuml
NECESSARY 'TO., ,BE' RAISED BY payn?ents of the next succeedi~'fi~'
TAXATION' FIXING OF RATE' OF ' year '
TAXES 1978.1979 FI~SCAL YEAR. '
BE IT ENACTED by tt~'Board of
.......... : L .... 4 The amount of money ~cessary
uirectorS or the ~omn ~a~oe ~Upl c ' : , .
Ut *" D-t,~"t C'""'f" of ~:! Der'do' be ra sod by taxation during the fiscal
', ~ ? '~ .?~i?]?~5 ~ ~. year fwg-tO?9 for the'payment et said
1 It 'i ' r b determt ': 'that annum .me,est on sap ounoou oeo
. . , s. :ne '?.. y_:. -~' ~ tWt' incurred during the Veals 49s1.1952
revenues-et 50gm ~.-anoe PubliC u I ¥ Said' fiscal year and for the payment
District during the fiscal year 1~T&t979 : '
such part qf the prfodpal as will tall d~
are inadequate to pay the principal or durhlg said fiscal year, .(and to
interest on the bonded debt of said
for the s nking, fund payment of the next
District incurred in the fears 195919~0
during Said fiscal year, and that the succeeding fiscat year is Thirteen
nterest and Sinking fu~d paym~nls for: Thousand Dollars. (S13,000:00)and the.
said tiscal year cannot ~ met out of rate°Haxati°nforSaldPUrpos~fbased
on the number et cents upon each One
surplus earnings for said year for,the Hundred Dollars ($100.00) value of
public utility or public uility work for
which said b~lds.wore issuea~ and that property ,assessed Dy th~ El Doradb
said payments ,c~fin~t be met out of County Assessor and returned to the
monies of the general fund .of said Board of Supervisors of said County by
District,'appro~tafod or transferred to the Auditor of said County is hereby
of the public utility for fixed by.the Board of Directors of
Distr ct at $0.00~ and,therefore levied at
were issued, ~ ~0.0~,{'per Said One Hundred Dollar~
shall be levied for'sUch (~,$~,. ~,O~) assessed vatue of s~idpropert~'
pay'~e annual interesl on with~ said District·
to pay' sUch part of the
the expiration et said thirty (30) day
es will fall due in the fiscal
~rovide for sinkLOg 5. This Ordinonce shall take effect
et the next succeading:L thirty (30) days after its passage. At
· lea~t one (1)'week l~:.4ore the expiration._
of said thirty (30) of
the
: Utility'
,said
week before
the (30) (Jay
~ul~lished'~
fondred a newspapel~ ~!
Seven ~usand ,Dollars of general I and.~
(S175,000) the rate Of taxation for published one
said purpose based on ther number of time. ·
cents upon ea~:h One Hundred Dollars 6, A certified Copy of this Ordinance;
(SlO0.O0) vague of ~epertv assessed by shall ' I~ 'transmitte~ 'to the County j
the El Dorado County Assessor, ,arid Audfior;of the, CoulvlV of EI"I~, and :~
returnee tothe Board of Supervisors et to the County T~;easurer of tile. CountY'S!
said .Cotdnty by the Auditor of said EI Dorado, upoOn ifs m:iop,~ion. '' .
CountY?is hereby fixed by the Boai'd of ..............
Dfrectors of said District at $0.08 and
therefdre levied at $0,08 p~rsaid One PASSED ~ND ADOPTED at a duly
H~ndred Dollars [$100.00)'assesSed heidmeelingblthe,BoardolDirectorsol .-
value of said property within the the South Tahoe Public Utility District -
District. on At)gust 31st, 1~'/8, by the Iollowing
.3. II is hereby determined that vote:
revenues of South Tal~oe Public Utility AYES: DireCtors: Lorrene Kashuba,
District during the fis~l year 1918 1979 Ray Fieldcamp, NealOfson, Jim Jones
are ina. dequale to pay the principal or NOES: D~.rectors: None
interest on the bonded deDI of said ABSENT: Directors: FranCecking,
District incurred in the years 1951 1952 LorreneKa$1~ube,
during said fiScal' year and that the . ,Board
nter~st ,~nd sinking fund p~ymeflts for
sa~-~cal. ~e~~ ~be met ouf'of tfCT
surplus earningS inr said year ,for me ATTEST: '
publiC utifltV or put~c utit ty work tm' M, arv Dr AmbrOSe
w~ ch said bendswere issued, and that - ' . ' '
said paymen~ ca,inet be met out otlhe . Clerk and Ex officio
monies of Uae general fund Ot ~said Secreta~y~theBoard
District appropriated or, tra~lerred ,to ~OUTN TAHOEiP~:~C : 9-15-78
the stoking tu~l of the public*utilily Ior UTILITY DISTRICT '