HomeMy WebLinkAboutResolution 1959 - 0757RESOLUTION NO.757-3
RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY SANITATION
DISTRICT NO.3 OF ORANGE COUNTY,CALIFORNIA,AUTHORIZING
AMENDMENT TO THAT CERTAIN AGREEMENT DATED NOVEMBER 19,
1958 BY AND BETWEEN COUNTY SANITATION DISTRICT NO.3 AND
THE BANK OF AMERICA NATIONAL TRUST &SAVINGS ASSOCIATION,
PROVIDING FOR THE PAYMENT OF 1953 ELECTION SERIES B BONDS
AT MATURITY AND INTEREST COUPONS OF SAID BONDS IN THE
CITIES OF NEW YORI(AND CHICAGO
The Board of Directors of County Sanitation District No.3 of
Orange County,California
DOES HEREBY RESOLVE AND ORDER
Saction 1.Amendments to that certain Agreement dated
November 19,1953 by and between County Sanitation District No.3
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
$3,300,000 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 aporovéd 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 $3,300,000
Section 2.That the Chairman and Secretary of the district
are hereby directed and authorized to sign the Amendment described
hereinabove.
The above and foregoing Resolution No.757~-3 was regularly
passed and adopted by the Boa~of Djrectors of County Sanitation
adjO~arned
District No,.3.at a regular/meeting of said Board held on the 24th
day of
~2Z ~
Ora Mae Merritt,Secretary of the
Board of Directors of Co~inty
Sanitation District No.~of
Orange County,California
STATE OF CM,IFORNIA)
)SS
COUNTY OF ORANGE )
I,ORA MAE MERRITT,Secretary of the Board of Directors of
County Sanitation District No.’3 of Orange County,California,do
hereby certify that the above and foregoing Resp~utjon No.:757.~3
aa.j ourned
was regularly passed and adopted at a reguiadmeeting of said Board
on the 44tbday of ~~by the following roll call vote
to wit:
AYES Directors HOWaI?d N.Cornwall,Thomas Baroldi,
‘Herbert Cooit,~.Jobfl a.,~GICnfl’G..~
I~auI C~~Earl T.hby.,.~Tm 1(anno,and
Frank 3.Schweitzer,Jr.
NOES:Directors None
ABSENT:Director W.A.‘M&c~i~iofl:,JOb~W~.~Stecko1:Walte~,~
Walker and ~1ilhiam H.Hir&tein
IN WITNESS ~JhEREOF,I have hereunto set my hand and affixed
the official seal of County Sanitation District No.of Orange
County)California,this ~4th day of YbeT1,~~l959
Ora Mae Merritt,Secretary of the
Board of Directors of Cçunty
Sanitation District No.‘of
Orange County,California
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