Resolution 2715-01
1
'-' 2 RESOLUTION NO. 2715-01
3
A RESOLUTION OF THE BOARD OF DIRECTORS
4 OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
AUTHORIZING A STATE REVOLVING FUND LOAN APPLICATION
5
6 BE IT RESOLVED, by the Board of Directors ofthe South Tahoe Public Utility District,
7 County of EI Dorado, State of California, as follows:
8 WHEREAS, Indian Creek Reservoir was identified as an impaired water body by the
9 State of California; and
10 WHEREAS, South Tahoe Public Utility District proposes to improve the beneficial uses
11 to Indian Creek Reservoir with a $1.1 million restoration project; and
12 WHEREAS, no funds have been set aside to fund the restoration project.
13 NOW, THEREFORE BE IT RESOLVED, by the Board of Directors of the South Tahoe
14 Public Utility District, County of EI Dorado, State of California that:
\. 15 The Chief Financial Officer is authorized to submit an application in the name of the
16 South Tahoe Public Utility District to the State Water Resources Control Board for funding of
17 a loan from the State Revolving Fund.
18 Further be it resolved that the Board President is hereby authorized to execute the
19 resultant loan agreement and any amendments thereof for purpose of securing loan funds,
20 and is also authorized to secure the loan by pledging Sewer Enterprise Fund service charge
21 revenue.
22 PASSED AND ADOPTED by the Board of Directors of the South Tahoe Public Utility
23 District at a duly held regular meeting on the 5th Day of April, 2001 by the following vote:
24 11111111111111
25 11111111111111
26 11111111111111
27 11111111111111
~ 28 11111111111111
'-'
\.
\..
1
2
AYES: Directors Schafer, Jones, Wallace, Mosbacher.
3 NOES: None
4 ABSENT: Director Strohm
5
6
7
~w~
DUANE WALLACE, BOARD PRESIDENT
SOUTH TAHOE PUBLIC UTILITY DISTRICT
8 ATTEST:
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
HE BOARD AND
o THE BOARD OF DIRECTORS