Loading...
HomeMy WebLinkAboutDistrict 05 Minutes 1952-01-23MINUTES OF REGULAR MEETING BOARD OF DIRECTORS COUNTY SANITATION DISTRICT NO.5 January 23,1952 at ~:OO p.in. Board of Supervisors’Room Court House Santa Ana,California Chairman Finch called the joint meeting of the Districts’ Boards to order at ~:OO p.m. The roll was called and the Secreta~’y reported a quorum of the Board to be present. Directors present:Braden Finch (Chairman) L.L.Isbell Willis H.Warner Directors absent:None Others present:Raymond R.Ribal,Chief Engineer and General Manager C.Arthur Nisson,Jr.,Attorney Judge E.J.Marks Harry Ashton L.H.Eckel,County Auditor Vic Heim Carl J,Thornton W.H.Goodrich R,B.Wright Willard Smith K.J.Harrison J.A.Woolley Ora Mae Merritt,Secretary Approval of A motion was made,duly seconded and _carried,ap~)roving the mirrntes of the meeting bald on January 9,1952,as mailed out. Opening of Sealed The hour of ~:OO p.m.having arrived ~and Bids this being the time and place fixed for the opening of bids for the$796 000 bonds of County Sanitation District No.5 of Orange &unty, California,the following bids received pursuant to the notice of sale were publicly opened,examined and read: Dates Interes~ Name of Bidder Inclusive Par Value Rates Premium Bank of America 1952—1955 $80,000 6 %)$l,L~$9 1956-1973 360,000 2-l/2%) 197L~.-1990 356,000 2-3/L~) ~‘Comtutation of Bids A motion was made,duly seconded and carried that the bids be referred to the County Auditor for computation. ~~dmii~~rat A motion was made,duly seconded and ~~~tt_Regj~ter carried,approving the Joint Adminis trative Warrant Register for signature and payment of: -1-. 6 Joint Adminis A motion was made,duly seconded and. trative Warrant carried,approving the Joint Adminis _trative Warrant Register for signature and payment of: Warrant Demand No,In Favor Of ______ Tiernan’s Office Equipment Dennis Printers &Stationers Orange County Blueprint Shop Bales Office Equipment Company Davis Stationers Raymond FL Ribal Harrison &Woolley,arid Headman,Ferguson &Carollo _________ Mr.Ribal and Mr.Nisson expressed appreciation to Judge Marks for bringing the Districts along to the sale of bonds and the attorney for the Districts was instructed by motion of the Boards to prepare and mail to Judge Marks a resolution in appreciation of his services. _____________ A motion was made,duly seconded arid _________ carried,that the Chief Engineer and General Manager be authorized to employ one Engineering Draftsman and two Assistant Engineers at the salaries recommended in his report to the Directors. Operating Fund A motion was made by Director Isbefl, Warrant Register duly seconded and carried,approving District No.5 Operating Fund Warrant • Register for signature and payment of: Warrant Demand No.In Favor Of ______ Newport-Balboa Press $24.00 Recess Upon a motion made,duly seconded and carried,the Chairman declared a recess of the meeting of the Boards of Directors of County Sanitation Districts Nos.2,3,5,6,.7 and 11. ___________ The Boards of Directors of County Sanitatio~ __________ Districts Nos.1,2,3,5,6,7 and 11 reconvened and the Chairman called the meeting to order at 9:45 p.m. ___________________ The result of the computations on bids for _________________ the District’s bonds were returned by the _________________ County Auditor.Chairman Finch read these computations. _________________ The Board adopted Resolution No.120-5 _________________ ‘awarding the sale of bonds to the Bank of America.Certified copy of this Reso lution is attached hereto and made apart of these minutes. JA 20 21 22 23 24 25 26 Report of the Chief Engineer and General Manager Amount $695.9~ 11~.30 13.04 3.42 3.26 4.~O 54000.00 $5 ~,838.80 Mr.Raymond R.Ribal,Chief Engineer and General Manager read his report to the Directors.This report is on file in the office of the Secretary. Employment of Staff 5-2 Amount Reconvened Session Return of Compu tations by County Auditor Award of bids on the bonds —2-. 7 Adjou~rimen~Upon a motion made by Director Willis ~ Warner~seconded by Director L.L.Isbell ~nd duly c~.rried~the Chairmandeclared the meeting of the Board or ~irectors o~’County Sanitation District No.5 adjourned a1~9:50 pane V.J~V~~ Chairman of the Board of Direct~rs of County Sanitation District No.5 of Orange County,California ATTEST: ~ Secretary of the Board of Directors of County Sanitation District No.5 of Orange County,California —3— 8 RESOLUTION NO.120-5 RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO.FIVE OF ORANGE COUNTY, CALIFORNIA AWARDING ~79b,000.OO BONDS OF SAID DISTRICT WHEREAS,at the time and place fixed for the opening of’bids for the ~796,000.00 bonds of County Sanitation District No.Five of Orange County,California,authorized at an election held in said District on February 2~,1949,all bids received were publicly opened,examined and read and a tabulation thereof has been entered in the minutes;and WHEREAS,the bid ol’the bidder hereinafter named is the highest and best bid made by a responsible bidder for said bonds, NOW,THEREFORE,the Board of Directors of County Sani tation District No.Five of Orange County,California,does hereby RESOLVE,DETERI’IINE AN])ORDER as follows: SECTION I.That the bid of Bank of America National Trust and Savings Association and Associates ____________________ offering par,accrued interest to date of delivery and a premium of ~i,~9.00 for said bonds,to bear interest at the rate of 6 per annum on the bonds maturing in the years 1952 to 19 55 ,inclusive,at the rate of 2..~1/2%%per annum on the bonds maturing in the years 19~~_to 1973 inclusive,and at the rate of 2—3/$per annum on the bonds maturing in the years 19 74 to 19 90 ,inclusive,all interest payable annually for the first year and semiannually thereafter.Said bid is hereby accepted and the bonds awarded to said hidd~r in accordance with the terms of its proposai.~ SECTION 2.That all bids other than the one accepted in Section 1 hereof are rejected and the Treasurer of the County of Orange is directed to return the checks accompanying said re jected bids to the respective bidders. SECTION 3.That the interest rates on said bonds be and they are hereby fixed at the rates stated in Section 1 here of. —1— S SECTION 4.That the County Treasurer of the County of Orange is hereby directed to deliver said bonds to the successful bidder upon the payment of par,accrued interest to date of delivery and the premium above stated. PASSED AND ADOPTED by the Bcard of Directors of Count.y Sanitation District No.Five of Orange County,California,this 23~d_day of January,1952,by the following vote: AYES:Directors Willis H.Warner,L.L.Isbell and Braden_Finch _____ NOES:None ________________________ ABSENT:None_____________ ______________ STATE OF CALIFORNIA) ss COUNTY OF ORANGE ) I,ORA MAE MERRITT,Secretai~y of the Board of Directors of County Sanitation District N0.Five of Orange County,Calii~ornia, hereby certify that the above and foregoing resolution was duly and regu]..~rly adopted by said Board at a meeting thereof held on the 23rd day of January,1952. IN WITNESS WHEREOF,I have hereunto set my hand this ~ day of January ,1952. Secretary of the Board of Directors of County Sanitation District No.Five of Orange County,California a~D?IcI L.123 K11flL~P ~1I~JU~I.J• M *1 A?~~FOP ~C~T ~c~otoia ~as Ju$I •J.N~4~s,~tt*ii~for ho Coa.~r 5a.itoti*~aWto$s of ~ea Cc~~f~ho period J~31, 19~D to J~7 23,19w,to.~it neo.ss~7 to itirs fr~ his p.sittc~~.to other ~sspeibL1itLea,eal the period abovo ~tic~Ja1 J~a.~ to.oi~siti.se$Ij ~d the ~aWtots ~iag s asst trythg ~iasti~1 —seoo.s~e1l oulsdas4ia is ho of ho ~sWts*e’b~,a.1 Is too fisel ~w.1d the.sel thta.sit to *0 ~aWists ~oM *0t ~a.seeab3j to to ~sstM of hhej ~fmea,ho it IOL~z ~$*0 1ose4 of Mv.o~ws of the Oc~ Ia.it~cui ~aWiste of Cras ~do ~~JMP I.J.N~s ~W ho oer~Sass rkrs**0 Dis~iots a.their stIa.se~,sed ~sM their aissersit vi*for his ocatia.sd eunai.health ~topijiass.. ~7 ~/) C ‘-~ze -~,i of á.Isa~iLI~.0t~s of *0 Cs~mt~a.ito$ier Dt.t$cts of ~u ~caUteraia