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HomeMy WebLinkAboutResolution 1965 - 0139I ~ RESOLUTION NO.65-139-5k APPROVING LOAN AGREE~NT WITH THE IRVINE Co A RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO.5,OF ORANGE COUNTY,CALIFORNIA,APPROVING LOAN AGREE~NT WITH THE IRVINE COMPANY,IN CONNECTION WITH THE FINANCING OF THE CONSTRUCTION OF CON TRACT NO.5-12 The Board of Directors pf County Sanitation District No.5,of Orange County,California, DOES HEREBY RESOLVE,DETERMINE AND ORDER~ Section 1 That the certain Loan Agreement between the District and THE IRVINE COMPANY relative to the financing of the construction of Contract No.5-12 (Coas~\Highway Trunk Sewer and Bay Bridge Pumping Station),be approved “as to form as submitted by the General Counsel;and, Section 2 That,following the op’~ening of bids for said Contract No.5-12,at which time the amo\~nt of the loan covered by the agreement can be determined,the\Chalrman and the Secretary of the District are authorized and directed to execute said agreement. STATE OF CALIFORNIA SS COUNTY OF ORANGE I,FRED A.HARPER,Secretary of the Board of Directors of County Sanitation District No.5 ,of Orange County,Cali fornia,do hereby certify that the above and foregoing Resolution No.65-139.~5 was regularly passed and adopted at an adjourned regular meeting of said Board on the 9th day of Augu8t , 1965 ,by the following vote,to wit: AYES:DIrectors Stoddard and Gruber NOES:None ABSENT:Director Hirstein IN WITNESS WHEREOF,I have hereunto set my hand and affixed the official seal of County Sanitation District No.5 , of Orange County,California,this 9th day of August ,1965 , Yred .Harper,Secretary, Board of Directors of County Sanitation District No.5 , of Orange County, California