Ordinance No. 444 - Retired 1
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ORDINANCE NO. 444
AN ORDINANCE OF THE BOARD OF DIRECTORS OF THE SOUTH TAHOE
PUBLIC UTILITY DISTRICT SUPERSEDING ORDINANCE 427,
STATING THE PURPOSE FOR WHICH TAXES ARE NECESSARY,
FIXING THE AMOUNT OF MONEY NECESSARY TO BE RAISED BY TAXATION,
FIXING THE RATE OF TAXES FOR F.Y. 1992/93
BE IT ENACTED, by the Board of Directors of the Sout]
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 1992/93 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 fo~
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 1992/93 and t¢
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 1992/93 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
SEVEN THOUSAND FIVE HUNDRED DOLLARS ($7,500.00) 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
Ordinance No. 444 - Page 2
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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 Directors of said District at $0.0003 per said one
dollars ($100.00) assessed value of said property within
District.
entirety.
3) This ORDINANCE supersedes Ordinance No. 427 in it!
4) This ORDINANCE shall take effect thirty (30)
after its passage;, one (1) week after Board Approval, copies
said ORDINANCE shall be posted by the Clerk of Board of the
Tahoe Public Utility District, at four public places in
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.
5) A certified copy of this ORDINANCE shall be tr~
ted to the County Auditor and to the County Treasurer of E1 Dorado
County, upon its adoption.
PASSED AND ENACTED at a duly held Regular Meeting of
Board of Directors of the South Tahoe Public Utility District
the 3rd day of September, 1992 by the following vote:
AYES: Directors Pierini, Onysko, Mosbacher, Mason, Wallace
NOES: None
ABSENT: None
ABSTAIN: None
SOUTH TAHOE PUBLIC UTILITY DISTRICT
ATTEST:PAT A. MAMATH, CLERK OF BOARD
SOUTH TAHOE PUBLIC UTILITY DISTRICT
AFFIDAVIT OF POSTING
State of California )
)ss
County of E1 Dorado )
I, Patrick Dolan , being first duly sworn, deposes
and says:
That for and on behalf of the Clerk of Board of the SOUTH
TAHOE PUBLIC UTILITY DISTRICT, affiant posted copies of
Ordinance No. 444 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 iPost Office Station
South Lake Tahoe, CA
(3)
(4)
That said posting was completed on the
Tahoe Valley Post Office Station ("Y" area)
South Lake Tahoe, CA
Tahoe Paradise Post Office Station, So. Lake Tahoe, CA
day of
Subscribed and sworn
to me this ~A
day of ~o~e~ ~¢ ,
19~a. I
Notary -P'ubiic ~-n~and -for the
State of California, County of
E1 Dorado.
NOTARY PUBLIC- CALIFORNIA
EL DORADO COUNTY
~My_ C_om_mC ~Ex_pir...es_ A._P, rij __2,_173~.
AFFIDAVIT OF PUBLICATION
South Tahoe public Utility District
P.O. Box 19487
South Lake Tahoe, CA. 96151-3487
O~inance #444
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 eighteen years, and not a part
,o or interested in the above entitled matter, I am the principal
clerk of the printer of the Tahoe Daily Tribune, a newspaper of
general circulation, printed and published Sunday through
Friday 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
therefore on the following dates, to wit:
September 10
all in the year of: 1992
I certify (or declare) under penalty, that the foregoing
is true and correct.
Dated at South Lake Tahoe, California this
10 date of September 1992.
AMOUNT OF MONEY
NECESSARY TO BE RAISED
BY TAXATION. FIXING THE
RATE OF TAXES FQR F.Y.
BE IT ENACTED. by the BOard
of Directors of the South
Tahoe Public Utility District.
County of El Dorado, state of
1) It is hereby determined that
revenues of South Tahoe
Public Utility District during
the Fiscal Year 1992J93 are
inadequate to pay the
principal or interest on the
bonded debt of .aid 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 ~urplua earnings
for said year for the public
utility or PUblic utility work for
which said bonds were
,ssued. and, therefore, taxes
shall be levied for such
purposes to pay the annual
interest on said bond~, to Day
such part of the principal as
will fall due in the Fiscal Year
1992/93 and to provide for
sinking fund payments of the
next succeeding Fiscal Year.
2) The amount of money
necessary to :be raised by
taxation dudng the Fiscal Year
1992/93;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 ~uch PaF of the
principal es will ~f~all due during
said Fiscal. Y~ar. and to
provide for the sinking fund
payment of the next
succeeding Fiscal Year, ia
SEVEN THOUSAND FIVE
HUNDRED DOLLARS
($7..500.00) ~'n~l the rate of
taxation for said purpose
basad on'the number of cents
hundred
the El
Board of
at
~e h~Jndred
dollars (S100.00) assessed
value of Said property within
3} This ORDINANCE
supersedes Ordinance No,
427 I. itl entlm~y.
4) Thia ORDINANCE shall
'likb .offem thirty (30) days
ofler its paslage; one
of said ORDINANCE
'*~hbtl 1~ po~t~d by th. C~rk
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.
5) A certified copy of this
ORDINANCE shall be
transmitted to the County
Auditor and to the County
Treasurer of El Dorado
County, up~t its adoption.
PASSED AND ENACTED at a
duly held Regular Meeting of
the Board of Directors of the
South Tahoe Public Utility
District on the 3rd day of
September. 1992 by the
folio'wing vote:
AYES: Directors Pierini,
Onysk0, Mcabacher. Mason.
Wallace
NOES: None
ABSENT: None
ABSTAIN: None
LOU PIERINI, CHAIRMAN OF
THE BOARD
SOUTH TAHOE PUBLIC
UTILITY DISTRICT
ATTEST: PAT A. MAMATH.
CLERK OF BOARD