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Home My WebLink AboutDistrict 07 Minutes 1952-01-23MINUTES OF REGULAR MEETING BOARD OF DIRECTORS COUNTY SANITATION DISTRICT NO.7 January 23,1952 at ~:OO p.m. Board of Supervisorst 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 Secretary reported a quorum of the Board to be present: Directors present:J.L.McBride (Chairman pro tern),Willis H. Warner Arrived Late:Director Vincent L.Humeston arrived at 8:15 p.m. 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 Vj0 Heim W.H.Goodrich R.B.Wright Willard Smith K.J.Harrison J,A.Woolley Ora Mae Merritt,Secretary Chairman pro tem Upon a motion made by Director Warner, duly seconded and carried,Director J.L.McBride was appointed Chairman pro tern of the Board of Directors. Approval of A motion was made,duly seconded and Minutes carried,approving the minutes of the meeting held on J~riuary 9,1952,as mailed out. Opening of Sealed The hour of ~:OO p~m.having arrived and this Bids being the time and place fixed for the open ing of bids for the $~L1..8b,oOO bonds of County Sanitation District No.of Orange County,the following bids received pursuant to the notice of sale were publicly opened,examined and read: Dates Interest Name of Bidder,Inclusive Par Value Rates Premium Bank of America 1952—1963 $156,000 2-1/L~..%)$311.00 196L~-l985 290,000 2-1/2%) 1986—l98~L1.2,000 2—3/L~%). —1- C omput at ion of Bids Joint Administrative ~Register nature arid payment of: Warrant Demand .JA 20 21 22 23 2L~ 25 26 A motion was mad,duly seconded and carried,referring the bids to the County Auditor for computation. A motion was made,duly seconded and carried,approving the Joint Adriin istrative Warrant Register for sig ___________ Amount ~695.98 118.30 13.0L~ 3 .t~2 3.26 L~.8o 5,000.00 ~,838.~3O Mr.Ribal and Mr.Nisson e~ressed 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. Emp 10 yme n t of Staff A motion was made,duly seconded and carried,that the Chief Engineer and General Manager be authorized to emplc one Engineering Draftsman and two Assistant Engineers at the salaries recor’nuended in his report to the Directors. Recess Upon a motion made,dulyseconded and carried,the Chairman declared a re cess 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 San itation Districts Nos.1,2,3,5,6, 7,8 and 11 reconvened and the Chair man called the meeting to order at 9:L~5 p.m. The result of the computations of bids for the District’s bonds were returned by the County Auditor.Chairman Finch read these computations. Award of bids on The Board adopted Resolution No.120-7 the bonds awarding the sale of bonds to the Bank of America.Certified copy of this Resolution is attached hereto and made a part of these minutes. No In Favor Of Tiernan’s Office Equipment Dennis Printers &Stationers Orange County Blueprint Shop Bales Office Equipment Company Davis Stationers Rayr.~iond R.1:~iba1 Harrison &Woolley,and Headman, Ferguson &Carob Report of the Chief En~ineer and General Manager 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. Reconvened Session Return of Compu tations by Count~ Auditor —2— 7 Adjournment Upon a motion made by Director Warner, duly seconded and carried,the Chairman declared the meeting of the Board of Directors of County Sanitation District No.7 adjourned at 9:50 pam. ~ff~i~n pro tern,Board of Directors (t~~fity Sanitation District No.7 ‘~range County,California ATTEST: ~~th Secretary,Board of (Directors County Sanitation District No.7 Orange County,California -3-. 8 RESOLUTION NO.120—7 RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO.SEVEN OF ORANGE COUNTY, CALIFORNIA AWARDING ~L1~8~,o00~OO BONDS OF SAID DISTRICT WHEREAS,at the time and place fixed for the opening of bids for the ~Li.8d,000.OO - bonds of County Sanit~.tion District No.Seven 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 of 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.Seven of Orange County,CaUfornia,does hereby RESOLVE,DETERMINE AND ORDER as follows: SECTION I,That the bid of Bank of ~nerica National Tru.st and Savings As~ciation and Associates offering par,accrued interest to date of delivery and a premium of ~j11.00~.for said bonds,to bear interest at the rate of 2*%per annum on the bonds maturing in the years 1952 to 19 63 ,inclusive,at the rate of 2*.%per annum on the bonds maturing in the years 19~~_to 198,~,inclusive,and at the rate of 2—3/~%per annum on the bonds maturing in the years 19 86 to 19 88 ,inclusive,all interest payable annually for the first year and semiannually thereafter.Said bid is hereby accepted and the bonds awarded to said bidder in accordance with the terms of its proposal. 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- -J 0 SECTION /+.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 Board of Directors of County Sanitation District No.SeV~fl of Orange County,California,this ~3rd_—day of January,1952,by the following vote: AYES:Directors Willis H.Wa~ner,~Vincent L.H~e~gj~and J.L.McBride _______ NOES:None~ _______ ABSENT:1’Tone___________________ ______________ STATE OF CALIFORNIA) ss COUNTY OF ORANGE I,ORA MAE MERRITT,Secretary of the Board of Directors •f County Sanitation District N0,Seven of Orange County,Cali~flornia, hereby certify that the above and foregoing resolution was duly and regularly 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. ~~i~~-’~’ Secretary of theBoard~of Directors of County Sanitation District No.Seven of Orange County,California —2-- 10 I~1~Q$~Pl~~L a lAIN Al ~IN —ICNfl -~ea ~ ~s Jd L 4.~,s-* $~tt.tks lt.W&o~*1 4~ip :i~**.i Ja~~, ~‘•~•~I.~I ~ 1~*~~s ~o e~w..~~tbutt*as,~ *—~~M$Js~~ ~s rst—’~sU!~a*~*$1 ~I ~b ~tIiii~—IMay ~a~.qt *~—*~a.a~ ~~Its ~1 *s 1Nsbta~I~M a ~(1*1 *~Ns *$*5,5,~ ~NWlst.~~~, Li.2~t~e *~rVt ~* s-I ~~st ~1**~Its 1~1 f ~ •___ 5,~$~i*~~ 5,~—,~