North Tahoe Building Corporation

North Tahoe Building Corporation has an installment sale agreement with the North Tahoe Public Utility District for the amount of $4.5 million dollars for the purpose of financing the costs of the district's water system. the district is responsible for operations and management as per the installment sale agreement. Installment payments are made by the district semiannually including interest as set in the agreement. Principal repayment begins in August 2013 and concludes on February 1, 2026. The North Tahoe Building Corporations sole purpose is to provide financing for the District's projects.