HomeMy WebLinkAboutORD 1978-05 - Board ORDINANCE NO. 7 8 0 5
OF
TRUCKEE-DONNER PUBLIC UTILITY DISTRICT
AMENDING ORDINANCE NO. 7705
WHEREAS , on October 17 , 1977, Ordinance No. 7705 was
enacted Authorizing the Execution of a Loan Agreement and Pro-
viding for the Issuance and Sale of Emergency Drought Relief
Promissory Notes to the United States of America Acting through
the Farmers Home Administration; and
WHEREAS , it has become necessary to increase the amount
of said loan in order to complete the entire project,
BE IT ENACTED by the Board of Directors of the Truckee-
Donner Public Utility District as follows :
1 . That the terms and conditions of said Ordinance
No. 7705 be and the same hereby are amended by modifying
the terms and conditions of Resolution No. 7747 , a
Resolution Providing for the Issuance of Emergency
Drought Relief Promissorer Notes of 1977 , etc. , to
reflect the said modified terms and conditions set
forth in Resolution 78 a Resolution Amending
Resolution 7747 , and said Resolution as hereby modified
Aw is incorporated herein by reference;
2 . That the adoption of the loan agreement in
the amount of $251, 800 . 00 be and the same is hereby
ratified and confirmed, and the grant in the amount
of $47, 600 . 00 is further ratified and confirmed;
3. The President and Secretary be and they are
hereby authorized and directed to execute all documents
required hereunder;
4 . The Clerk of the District shall immediately
cause a copy of this Ordinance to be published once in
the local newspaper and copies posted in at least
three t 3) public places within the District,
PASSED AND ADOPTED by the Board of Directors of the
TRUCKEE-DONNER PUBLIC UTILITY DISTRICT at a special meeting
thereof duly called and held in the District on the 25th day
of May, 1978 , by the following roll call vote:
AYES: [luber Kuttel
Sutton t1aass
NOES : None
ABSENT: None
TRUCKEE-DONNER PUBLIC UTILITY
DISTRICT
w.
By
.ES A. MAASS, President
ATTEST:--
'...if
A. MILTON SEYMOURf
Clerk Thereof