HomeMy WebLinkAbout1962-06-20 Min - BoardMinutes of the Special meeting of the Board of Directors of
Truckee Public Utility District, held June .20, 1962 at the office
of the .District., Main St.,, Truckee, California. ,
Directors present: Edmunds, McIver, Greenhouse. Absent.
Horman. Staff present:, Manager Longo, Eve Hallett,
The Manager stated in the absence of a Chairman the _Board
appoint an Acting Ch airman . Moved by Director McIver , Seconded by
Director Greenhouse and carried Director Edmunds be Acting
Ch airman . .
Acting Chairman Edmunds called the meeting to order at
10:00 A. M. and requested Manager to specify purpose of Special
meet ing .
Manager stated the first appl is at ion submitted by the District
to R. E . A. had been lost according to Mr. Fitch of R. E . A.
Attorney McDonough had written Congressman Johnson, letter dated
6/9 reg and ing Re E . A. loan appl is at ion . Congressman Johnson
answered his letter, dated 6/12 , adv is ing Re E . A. does not
have the application. Attorney McDonough wrote to the District
6/16 advising that application be resubmitted, along with a
Resolution of detemmination and authorization of signatures for
R. E . A. loan.
The Manager presented the following Resolution to the Board:
Resolution #6208
t--
NOW.. THEREFORE, BE IT RESOLVED that the Truckee Public Utility
District of Truckee,,. California, make application to the
Rural Electrification ..Administration for a loan to finance
electric * f ac it it ies in the approximate amount of $88 , 250.00
summarized by purposes as follows:
Recrue st by Loan Purp2s e
Distribution Facilities:
New Line: 16e.5 miles to serve 180 cansomers $88,250.00
Total Loan Application 88, 250.00
BE IT FURTHER RESOLVED that initial note for carrying out the
purposes of this loan shall be in the amount of $88, 250.00 and
provide for principal payments to begin two (2 ) years from the_
date thereof, and
BE IT FURTHER RESOLVED that the Acting President and the Manager
are hereby authorized ..to execute . the necessary documents*
birector McIver moved that Resolution #6208 be adopted,
seconded by Director Greenhouse and carried by the following roll
call vote:
ljyes: McIver, Greenhouse, Edmunds
Noes: None
Absent: Horman
there being no further business the Special meeting ad-no
j ourned at 10: 25 A. M.
C. Edmunds, Acting Chairman
Eve Hallett, Recording Sec' y.