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Resolution 2707-00 \.. 1 2 3 4 5 6 7 8 9 10 11 13 ... 14 15 16 17 18 19 20 21 \..,. RESOLUTION NO. 2707-00 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT ADOPTING THE SEWER ENTERPRISE FUND APPROPRIATIONS SUBJECT TO LIMITATION AND PROCEEDS OF TAXES FOR FISCAL YEAR 2000-01 WHEREAS, the people of the State of California have elected to approve Constitutional Amendment XIIIB, and the Legislature of the State of California has voted to adopt Senate Bill No. 1352, which implements Constitutional Amendment XIIIB, setting the method of computing annual appropriations subject to limitation of local non-residential construction and population; and WHEREAS, the Directors selected the change in per capita personal income; and WHEREAS, such legislation sets the base year for this computation as Fiscal 12 Year 1978-79; and WHEREAS, such legislation requires documentation setting such appropriation limitations shall be available to the public fifteen days prior to the adoption of this resolution; 'and WHEREAS, on June 7, 2000, such documentation was made public; NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the South Tahoe Public Utility District does find and declare that the appropriations subject to limitation for the Fiscal Year 2000-01 are: $20,727,391; and that for Fiscal Year 2000-01, the proceeds of taxes as defined in the enabling statues are: $3,737,000; and that the increase in proceeds of taxes over the appropriations subject to limitations 22 is: $-0. 23 PASSED AND ADOPTED at a duly held Regular Meeting of the Board of 24 Directors of the South Tahoe Public Utility District on the 6th day of July, 2000 by the 25 following vote: 26 AYES: Directors Wallace, Jones, Strohm, Gochnauer, Mosbacher 27 NOES: None 28 ABSENT: None \., 1 Resolution No. 2707-00 2 Page No. 2 3 4 5 6 7 8 9 10 11 12 13 \., 14 15 16 17 18 19 20 21 22 23 24 25 26 -..... 27 28 ~)iv~ Christopher H. Strohm, President of the Board South Tahoe Public Utility District