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HomeMy WebLinkAboutResolution 1959 - 0755RESOLUTION NO.755-2 RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO.2 OF ORANGE COUNTY,CALIFORNIA,AUTHORIZING AMENDMENT TO THAT CERTAIN AGREEMENT DATED NOVEMBER 19, 1958 BY AND BETWEEN COUNTY SANITATION DISTRICT NO.2 AND THE BANK OF AMERICA NATIONAL TRUST &SAVINGS ASSOCIATION3 PROVIDING FOR THE PAYMENT OF 1958 ELECTION SERIES B BONDS AT MATURITY AND INTEREST COUPONS OF SAID BONDS IN THE CITIES OF NEW YORK AND CHICAGO The Board of Directors of County Sanitation District No.2 of Orange County,California DOES HEREBY RESOLVE AND ORDER Section 1.Amendments to that certain Agreement dated November 19,1958 by and between County Sanitation District No.2 of Orange County,California and the Bank of America National Trust &Savings Association,insofar and to the extent that Election 1958 Series B bonds dated January 1,1960 in the total amount of $4,000,000 be included in said Agreement for the payment of said bonds at maturity and the interest coupons thereon in the cities of New York and Chicago,are hereby approved and authorized as follows, to wit: (a).The District shall pay to the Bank of America National Trust &Savings Association for the payment or disbursement of interest on said Election 1958 Series B bonds,the fees as set forth in Section 5 of said Agreement (b).Fees for the payment or disbursement of principal at maturity on said Election 1958 Series B bonds are hereby approved and autho rized as set forth in Section 6 of said Agree ment (c).Section 14 of said Agreement is hereby amended to include the District’s Election 1958 Series B bonds dated January 1,1960,in the total amount of $4,000,000 Section 2.That the Chairman and Secretary of the district are hereby directed and~authorized to sign the Amendment described hereinabove. -1~ ‘p The above and foregoing Resolution No.755-2 was regularly passed and adopted by the Board of Directors of County Sanitation adj ourned District No.2 at a regular/meeting of said Board held on the 24th day of ov:ember~L9~9. Ora Mae Merritt,Secretary of ~hë Board of Directors of County Sanitation District No.2 of Orange County,California STATE OF CP~LIFORNIA) )SS COUNTY OF ORANGE ) I,ORA MAE MERRITT,Secretary of the Board of Directors of County Sanitation District No.2 of Orange County,California,do hereby certify that the above and foregoing Resolution No.755-2 was regularly passed and adopted at a regular meeting of said Board on the 2Li~th day of ~Nov~b~r 1g59by the following roll call vote to wit: AYES:Directors Frank J.Schweitzer,Jr.,Howard M. Cornwell,Glenn G.Fry,A.Alien Hall,Rex A.Parks, and Robert Wardlow NOES:Directors None ABSENT:Director W.A.NacKinnon,Raymond L.Pound,Walter W. Walker and William H.Hirstein IN WITNESS WHEREOF,I have hereunto Set my hand and affixed the official seal of County Sanitation District No.2 of Orange County,California,this ~24’thday of ~No~embe~Hi959. Ora Mae Merritt,Secretary of the Board of Directors of County Sanitation District No.2 of Orange County,California -2-