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Ordinance No. 356 - RetiredORDINANCE NO. 356 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 1983 - 1984 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 1983-1984 are inadequate to pay the principal and interest on the bonded debt of said Improvement District incurred in the years 1968-1968 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 purposes to pay the annual principal and interest as will fall due in the fiscal year 1983-1984 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 1983-1984 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 THIRTY -EIGHT THOUSAND DOLLARS ($238,000.00). 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 $0.0720 per one hundred dollars ($100.00) of assessed value of sai~ 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 $0.0720 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. (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. PASSED AND ADOPTED at a duly held meeting of the Board of Directors of the South Tahoe Public Utility District on the 4th day of August, 1983, by the following vote: --1-- ORDINANCE NO. 356 PAGE -2- AYES: NOES: NONE ABSENT: NONE Directors Jones, Olson, Wynn, Madden, Lowe ATTEST: JAWS R. JONES ,///FRESIDENT TAHOE PU C UTILITY ~/ DISTRICT 'M~R~-~D.~M~RO~SE, -CL~.RK OFVBOARD SOUTH SHOE PUBLIC UTILITY DISTRICT I hereby certify that the foregoing is a full, true and correct copy of ORDINANCE NO. 356 duly and regularly adopted by the BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT, held on the 4th day of AUGUST 1983. ~4A~ D. A~.M~0SE, CLERK OF BOARD SOUTH TAHOE PUBLIC UTILITY DISTRICT AFFIDAVIT OF POSTING ORDINANCE NO. 356 STATE OF CALIFORNIA EL DORADO COUNTY ) )ss ) 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. 356 , in form attached hereto and by reference made a part hereof, in three public places in the District, as follows: 1. City of South Lake Tahoe Administration Building South Lake Tahoe, Ca. 2. Bijou Post Office Station South Lake Tahoe, Ca. 3. Tahoe Valley Post Office Station South Lake Tahoe, Ca. That said posting was completed on the ~/~ BOB E. EP~I~ER day of Subscribed and sworn to before me this ~~ day of~,~ ~r'~b~li6 in and~'for the _ _~ ~ ' ~ Count~; of E1 Dorado, State of California. My commission expires 11/25/~8_6 ~ORNIA ~ SOUTH TAHOE PUBLIC UTILITY DISTRICT PRESIDENT JAMES R. JONES Sewer. 1950. Water P.O. Box AU South Lake Tahoe, California 95705 1275 Meadow Crest Drive A PUBLIC AGENCY Phone (916) 544-6474 DIRECTORS WALTER"NEAL~ OLSON LORRENE KASHUBA MICKEY MADDEN JOHN WYNN August 5, 1983 Tahoe Daily Tribune PO BOX 1358 South Lake Tahoe, CA 95705 ATTN: Donna Gentlemen: EDelos~lease find copies of ORDINANCE NO. 355 and ORDINANCE NQ1356.~~-- ~e would request these Ordinances be published on the ~7th of August 1983. · Also, please send 2 copies of Affidavit of Publication for each Ordinance published. Thank you. Very truly yours, SOUTH TAHOE PUBLIC UTILITY DISTRICT Mary D. Ambrose Clerk of Board/District Secretary mda Encl. (2)