Ordinance No. 418 - Retired I
2
3
4
5
6
7
8
9
10
!1
12
13
14
15
16
17
18
19
2O
21
22
23
24
25
26
27
28
ORDINANCE NO. 4~8
AN ORDINANCE OF THE SOUTIt TAttOE 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 1989-1990 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 Improve-
ment District No. U-l, South Tahoe Public Utility District
during the fiscal year 1989-1990 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 the 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 1989-1990 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 1989-1990 for
the payment 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 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 availabl,
is ONE HUNDRED EIGHTY-FIVE THOUSAND DOLLARS ($185,000). There is
no amount of money required by said Improvement District to be
1
ORDINANCE NO. 418
PAGE- 2
5
6
7
9
10
11
13
14
15
16
17
18
19
201
21
22
23
24
25
2g
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 $0.0400 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 required by law for levying taxes for E1 Dorado County
the Board of Supervisors, E1 Dorado County shall levy, in addi-
tion to any other taxes it levies, a tax upon all of the property
Improvement District No. U-1 of the South Tahoe Public Utility
District at the rate of $0.0400 per one hundred dollars ($100.00)
of assessed value of said property within said Improvement
District. Ail of the property within said District is benefited
by said bonded debt.
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.
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:
I
2
3
4
5
6
7
8
9
10
I1
12
13
14
15
16 ATTEST'
17
18
19
2O
21
22
23
24
25
26
27
28
ORDINANCE NO. 418
PAGE- 3
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
SOUTH TAHOE PUBLIC UTILITY DISTRICT
AFFiUAViT OF PUBLICATION
,, , So Tahoe Public Utility Dist AffidovitofPutolicationof Inv# 1975
- P.O. Box 70542
so Lake Tahoe CA95705
Ordinance No. 418
STATE OF CALIFORNIA
County of El Dorado
I am a cihzen of the United States and a resident of the
County foresoid I am over the age of eighteen years, and
not a port to or interested in the above entitled matter. I am
~e principal clerk of the printer of The Tahoe Daily Tribune -
~ahoe 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 ad-
judged a newspaper of general circulation by the Superior
Court of the County of El Dorado, State of California, under
the dote 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 emire issue of said newspaper and not in any supp!ement
thereof on the following dates, to wit:
August 10
ailir, theyeor 19 89
I cerhfy (or declare) under penalty that the foregoing ~. ~rue
and correct
:~tedot South Lake Tahoe
CoHor~,o, m,~ 10th date of August ~9 89
~O256
UTILITY ' DISTRICT
ESTI~IATING THE MINIMUM
AMOUNT OF MONEY TO BE
RAISED BY TAXATION FoR
SAID DISTRICT ANOiFIXlNG
OF RATES OF; TAXES I~-
I~i~O FECAL YEAR
BE IT ENACTED BY THE
BOARD OF DIRECTORS of the
SOUm,TAHOE eoauc UT~U.
T~ Om'R.K:T; COUP/of e Do-
radO, State of Callfor~a u
f~
(I) it a he~ ~erm~ea ~
revenu~ ~ Impreven~nt D~
No; U4~ Seu~h Tal~e Pubac
Utety C~t dur~ t~e ~
year I~-I~ are I~adequate to
SOUTH TAHOE PUBLIC UTILITY DISTRICT
CHAIRMAN
ROBERT MASON
Sewer. 1950. Water A PUBLIC AGENCY
P.O. Box70542 · South Lake Tahoe, California 95705 · Phone (916) 544-6474
1275 Meadow Crest Drive
DIRECTORS
WALTER "NEAL" OLSON
JAMESR. JONES
NOEL B WALKER
NAT SINCLAIR
August 4, 1989
Tahoe Daily Tribune
P.O. Box 1358
So. Lake Tahoe, CA 95705
Attention: Legal Notice Department
Enclosed is Ordinance No. 417 and 418.
Please publish this Ordinance/these Ordinances in the Legal Notice
Section of your newspaper on the following date:
Thursday, August 10, 1989
Also, please send me two copies of AFFIDAVIT OF PUBLICATION for
each Ordinance listed above.
Thank you.
Pat A. Mamath
Clerk of Board
Enclosure (s)
AFFIDAVIT OF POSTING
State of California )
)ss
County of E1 Dorado )
I,
and says:
Patrick Dolan
, being first duly sworn, deposes
That for and on behalf of the Clerk of Board of the SOUTH
TAHOE PUBLIC UTILITY DISTRICT, affiant posted copies of
Ordinances 417 and 418 in form attached
hereto and by reference made a part hereof, in four (4)
public places in the District as follows:
(1) City of South Lake Tahoe
Administration Building
South Lake Tahoe, CA
(2)A1 TahOe Post Office Station (Main Post Office)
South Lake Tahoe, CA
(3) Tahoe Valley Post Office Station ("Y" area)
South Lake Tahoe, CA
(4)' Tahoe Paradise Post Office Station, So. Lake Tahoe, CA
That said posting was completed on the ? ~ day of
~~ , 1989
Subscribed and ~worn
to me this ~
day of f~/~'x~/ ,
Notary Public in and for the
State of California, County of
E1 Dorado.
My commission expires: