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HomeMy WebLinkAboutRES 1949-21 - Board �I t 1 f I 3 TI1e Board of Directors of the Truckee Public Utility 4 istric t havin 7 deterni.ned that the public interest requires 5 addition and betterments to the present existing system of wCrks 6 for furniaiinr� t".�e inhabitants of the District with water; E0;�� B� IT `,. SOLVED, that the sum of Fifteen 7 � 8 `l'hcuusand Dollars (,A5, 000) be borrowed bT* from%" 0 District fro 9 sue:, bank, br kin;,,- corporation, corporation , .nd .vidual or ln- 10 dividuals as shall be willing to loan said sum to the District 11 et a rate of interest of not to exceed f ive ( 5-' } per cent per 12 =?' ry1 ' , ' r'it,' lrr monthl r, said principal sum to be repayable in 13 lmerits of not less than Three Thousand Dollars r Rnnual leis , 14 each, said sum to be used so far as is necessary it I.. is defras;,in t,,e cost of additions and bett ern eats to the present 16 11 s�rst em of works for furnishing the inhabitants of the District 17 wit�� water. I 18 !L30LVED that L. L. Loynd, President of the 1s '(' oc-rd, `Lnd C. ands , Clem and General 1. ana ;er of to District , I' 20 -� �, ,r: - � _� execute in the name of the oe �..nC'. ��le a.te nereb authorized to M 21 District and deliver to such bank, bw-ikin corgi oration, corwra- 22 t ion , individual , or individuals as may loan said funds to the 23 1► -ist rict a promissory note of t1ae District for such. sum of f 24 so loEdi e d; and 25 �_� I; _'. .``..'t.:j. �i� Lv i D t aat C. Edmunds, the Cler and 26 l-anac'er of the Board, be, eaid he is hereb., aut��urized 27 to Cie liver t o said ban. , baking? corporation, corporation, in r 28 dividly 1, or individuals a copy of the resolution, under the seal 29 k f lul - ' s �' evidence of t�.�e aut'Lority of t��.e said o.� �._c �,1��tz ict , as 30 J;re--actors to said loan and execute the promisorry note as 31 a T,ovc st at ed. 32 R LA 1 N +air LAW s.NK•LOO. TORNIA C . . iuli 1.) the undersigned, Cler', and General f Directors of the Truckee Public Gtil'tY 2 o-, t he DO ard o ri ' ao ne C ler k of the sai d 1-�cre0l,r certify that I sia t' U 3 n , a qL full, true and correct 4 District , an"' teat tlae Fore is a -9 4- the C OT. 0'.'L ro3olution passed by the Board of Directors of ' trict , -L:" the said Board held on the G- jI at a meet ink o `� b , f 1949, duly convened at the of ice day o' 7 'hat aa m *oritv of the Board neribers 8 O.L District, and that U 3 9 were Present and actinf-r 'anCL that the resolution is in full 10 Lorce an(l effect fect and has not been revokede 11 12 Clerk 13 Truckee 7.c l*ubl c Utility District 14 u D 15 deift 1 e TrucIzee rub c Utiliter District 17 18 19 20 21 22 23 24 ii 25 26 27 28 29 30 31 32 IERLAIN �2 T LAW . WANK MLOO- I Pro RM I^ I ckee, Calif. December 27, 1949 TI-e "' embers of the Foard of Directors of the Truckee Purl is Utility District met JLn regular meeting at the office of t�,e District on Ma i r St . Truckee at 8 P M, t E L Lovnd, president, presiding, Upon role call the following directors were noted present: C E 111eller F 'd Reynolds E L Loynd P, riini-ites of the meetinj, of Decemler 13th were read and arrroved . I TYe rn1_I,ow*n "Ills wer rear] and upon m:notion made and carded rhere were ordered paid : S 0-14 eo. Anderson- IaIor ,M3 .20 T Patterson ?1 48*30 Chas. R. Heller- sal as 'Dir 5 #00 b ',,I Reynolds 5 #00 L Loynd Dec a 5.,00 C D. 'tite - sal as Acct it 10.00 '4inifred Kamp- sal as Treas 10000 T L Chic berlain- Dec ret fee 50*00 14rs. A B Folyanich- Dec off rent 75*00 Sierra Sun- Dec Adv 36.00 T, 1)ac Tel & Tel Co- Dec sere 7*73 Steve Kolos- sal to Dec 31 142o40 Cp Edmunds- sal for Dec 399*40 Ileen hip den- off help 12 *00 Faul Housc.h- sal. for Dec & vac 446o70 T F'� Eradley Co- supp 31.93 Cn ,,amter of Comnlerce- donation 300*00 'erholesale Electric Supp Co- supp 32*76 Union Oil (3o- gas & oil 1-5 79 Texas Co- gas and oil 53 . 51 - so ci-a rr -ed Oil- a- s and o i 1 18, 58 C Miscl CaSh, Exp- 54.9.4 Geo. Andersc-it lalkor 62 . 5C T Patterson- 52.20 McClee U*25 L Sharp 31.60 r o r7. t- e `"Water Fund- TvicSzee- labor 52*20 -sociate of L. Cedric Macal­ee P.n j S) i­1,c-man ac e r I r P,d Y ,,he Dirr_,etors to report on the water situation around Donner Lake, wals nt-er-3ent .nd maAe a verLal report of the rost of a siipp" ,r of w,,-;ktp.r `'or thEll west end sul-rdivisions, of the Donner Lake Co. reported that the pro'­,atle cost of ddveloping an. -Ideqiiate F'UP-oly of .-,,,aIE0er for thi-s. section from. the Green point Springs , to D .,,-ith a Stand'L.y pumping plant at the end of the line would C e CA T"ound �4 9000.00. Various . methods of financing tlis project e r, 's.,i ' tted by 1*-�.r. 1� in6man , but the most satisfactory method sr e m e d to re the formation of an Assessment District . Yr. King an a. rr,p.l o m his report in of-e detail form b 0;_�writ Ilis u e n '-- stios fo f ina ncing same. S " I4ITa­'i:*-'I.r* dr nunds brou�ht ilp the matter of acquiring a Federyal.. loan cove." +-�e plann-J 'n j, for this work and Mr. Kingnan agreed to make the necesSnary application for sul-,mission to the 'Corm.munity Facilit3o's %T 1 c e TI- I.e attached resolution was submitted auth6riiirg 1*1anager ­Jmiincls to file an application for such a loan , and on motion made and iina.-Limolk-Isly carried the resolutJon was passed . , _i.iess appearIng, Foard adjoiir LD f �F:crr�t �r ,~ Pry X_ ----------