Resolution No. 1231WJML:RJH:gbb 11/26/68 8c
RESOLUTION NO. 1231
A RESOLUTION ORDERING TRANSFER FROM U-1 CONNECTION
CHARGE FUND TO U-1 BOND INTEREST AND REDEMPTION FUND
RESOLVED, by the Board of Directors of the South Tahoe
Public Utility District, E1 Dorado County, California, that
WHEREAS, there is now on hand in the U-1 Connection Charge
Fund, from payments of charges for connections to the U-1 trunk
sewer mains of the S~uth Tahoe Public Utility District made pur-
suant to Ordinance NOo 181 of said District, an amount in excess
of $84,000;
WHEREAS, there will be an insufficient amount in the U-1
Bond Interest and Redemption Fund to pay the interest on the
Improvement District No. U-1 bonds which will be due on Janu-
ary 2 and July 2, 1969;
NOW, THEREFORE IT IS ORDEREDthat the sum of $84,000 shall
be transferred from said U-1 Connection Charge Fund to said U-1
Bond Interest and Redemption Fund, as provided for in Section 7
of Ordinance No. 181 of the District.
ATTEST:
Pres ident
South Tahoe Public Utility District
Clerk and Ex-officio Secretary
I hereby certify that the foregoing is a full, true and
correct copy of a resolution duly and regularly adopted by the
Board of Directors of the South Tahoe Public Utility District,
E1 Dorado County, California, at a meeting thereof duly held on
the 5th day of December ,,,, 1968, by the following vote:
AYES, and in favor thereof, Directors: Wakeman, Kortes,
Fesler, Hegarty, Ream
NOES, Directors: None
ABSENT, Directors: None
........ clerk an'd Ex-offiCio Secretary
South Tahoe Public Utility District