Loading...
HomeMy WebLinkAboutMinutes 1965-09-279 -27-6 5 #5 DISTRICT NO.5 MINUTES OF THE ADJOURNED REGULAR I€ETING September 27,1965 -10:00 a.m City Hall,Newport Beach,California Pursuant to adjournment of the regular meeting on September 8th, 1965,the Board of Directors of County Sanitation District No.5 met in an adjourned regular meeting at 10:00 a.m.,September 27, 1965,in the Council Chambers,City Hall,Newport Beach,California. The Chairman called the meeting to order at 10:00 a.m.The roll was called and the Secretary reported a quorum present. DIRECTORS PRESENT:James 3.Stoddard (Chairman),and Paul J.Gruber DIRECTORS ABSENT:William H.Hirstein OTHERS PRESENT:Paul G.Brown,James Gallacher, Donald Simpson,Richard Stevens, Gordon Jones,and Fred A.Harper, Secretary *********** Award of Contract No Moved,seconded arid duly carried: 5-12 to James I. Gallacher,Contractor That the Board of Directors adopt Resolution No.65-i58-5,awarding contract for construction of the Coast Highway Trunk Sewer and Bay Bridge Pumping Station,Contract No.5-12 to James I.Gallacher,Contractor,in the total amount of ~698,569.55. Certified copy of this resolution is attached hereto and made a part of these minutes. Consideration of Loan Following a review of the loan Agreement with The agreement submitted by The Irvine Irvine Company Company relative to financing of Contract No.5-12,and a dis cussion by the Directors,it was moved,seconded and duly carried: That the Board of Directors adopt Resolution No.65-159-5, rescinding Resolution No.65-139-5;and approving Loan Agreement with The Irvine Company relative to the financing of Contract No.5-12.Certified copy of this resolution is attached hereto and made a part of these minutes. FURTHER MOVED:That said agreement is subject to modifica tion of wording in Paragraph 2 of said agreement,satisfactory to the legal counsels of The Irvine Company and District No.5. Discussion re:Rocky The Chair recognized Mr.Richard Point Pump Station Stevens,representing the Balboa Bay Club.Mr.Stevens verbally requested that the Board indicate the amount of money it proposes to spend for rehabilitation of the Rocky Point Pump Station located on the Balboa Bay Club property. 9-27-65 Mr~Stevens further explained that the Balboa Bay Club is planning some building construction,and that it might be advantageous to both parties to relocate the pump station to another site on the Club property. Report of the Mr.Donald Simpson,District’s engineer engineer,advised the Board that upon completion of construction of Contract No.5-12,the District’s percentage of interest in the jointly owned Rocky Point Pump Station will be reduced to approximately 20%.District No.6 will then have approxi mately 80%interest in the pumping station. The Board then discussed the possibility of meeting with District No.6 on October 7th to discuss this matter jointly with that Board. Approval of Moved,seconded and duly carried: warrants That .the District’s Accumulated Capital Outlay Fund warrant book be approved for signature of the Chairman,and that the County Auditor be authorized and directed to pay the following: Accumulated Capital Outlay Fund #3009 Small Craft,Inc.$1,000.00 Adjournment Moved,seconded and duly carried: That this meeting of the Board of Directors of County Sanitation District No.5 be adjourned to 7:00 p.m.,October 7th,1965,in the Districts’office. The Chairman then declared the meeting so adjourned at lO:~5 a.m.,September 27,1965. Chairman,Board of Directors of County Sanitation District No.5 ATTEST: Secretary,Board of Directors of County Sanitation District No.5 -2-