Ordinance No. 417 - Retired !
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ORDINANCE NO. 417
AN ORDINANCE OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
STATING THE PURPOSE FOR WHICH TAXES ARE NECESSAR~
FIXING THE AMOUNT OF MONEY NECESSARY TO BE RAISED
BY TAXATION, FIXING THE RATE OF TAXES,
1989-90 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 District during the fiscal year 1989-1990
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, 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 1959-90
and to provide for sinking fund payments of the next succeeding
fiscal year.
(2) The amount of money necessary to be raised by
taxation during the fiscal year 1989-1990 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 suceeding
fiscal year, is NINE THOUSAND DOLLARS ($9,000.00) 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
ORDINANCE NO. 417
PAGE- 3
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Supervisors of said County by the Auditor of said County is hereby
fixed by the Board of Directors'of said District at $0.0005 and,
therefore, levied at $0.0005 per said one hundred dollars
($100.00) assessed value of said property within said Disttrict.
(3) This ORDINANCE shall take effect thirty (30) days
after its passage; one (1) week after Board Approval, copies of
said ORDINANCE shall be posted by the Clerk of Board of the South
Tahoe Public Utility District, at four public places in said
District, and one week after Board approval, this ORDINANCE shall
be published in the Tahoe Daily Tribune, a newspaper of general
circulation, printed and published in said District one time.
(4) A certified copy of this ORDINANCE shall be trans-
mitted 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 the
3rd day of August, 1989 by the following vote:
AYES:
NOES'
ABSENT:
Directors Jones, Olson, Mason, Walker, Sinclair
None
None
ROBERT MASON, CHAIRMAN OF BOARD
SOUTH TAHOE PUBLIC UTILITY DISTRICT
PAT A. MAMATH, CLERK OF BOARD
SOUTIt TAHOE PUBLIC UTILITY DISTRICT
Y;' A iiOAVIT OF PUBLICATION
So Tahoe Public Utility District
P.O. Box 70542
So Lake Tahoe CA9~70~
Affidavit of Publication of Inv# 1976
Ordinance No. 417
STATE OF CALIFORNIA
County of El Dorado
I om o citizen of the United States and a resident of the
County foresoid: I om over the age of eighteen years, and
qot o part Ia or interested in the above entitled matter. I am
e principal clerk of the printer of The Tahoe Daily Tribune -
--.ohoe Sierra Tribune a newspaper o'~ general circulation,
printed and published daily in the City of South Lake Tahoe,
County of El Dorado, and which newspaper has been ad-
judged o newspaper of general circulation by the Superior
Court of the Count? of El Dorado, Slate 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 ennre issue of said ne'*spaper and not in any supplement
thereof on the following dates, to wit:
August 10
allir~,'~eyear 19 ~)9
I certify (or declare) under penalty that the foregoing ~ true
and correct
,,e0 :, South Lake Tahoe
Co!,~o,~im'h,~ 10thdateo~ August ~9 89
~0256
ATION, FIXING THE RATE OP
TAXES, I~ ~L YEAR
BE IT~ ENACTED BY THE
TY DISTRICT, C°antY ef El Do-
Utility Dt~rlct durlnl the ~
· ~ 1989-!990 ~r~ InlK~qUlt~ to
red,in th~,~ ,19$14952~
es~ Ind stnklnl fund plymenu for
~ Immd, ~1, thermate;
shill ~ levi~ for tach purpoNs m
In~ d~e 1mits i951-19Jl for ~
fbcd
IowlnI vote.
AYES: DIr~'torl
NOES:None ·
ABSENT: None
ROKRT M~ON, CHAIN
OF ~
SOUTH TAH~ ~IC UT~
TY D~ICT
A~: PAT A,