HomeMy WebLinkAboutResolution 1965 - 01597
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RESOLUTION NO.65-159-5
APPROVING LOAN AGREEMENT WITH THE IRVINE Co
A RESOLUTION OF THE BOARD OF DIRECTORS OP
COUNTY SANITATION DISTRICT NO.5,OP ORANGE
COUNTY,CALIFORNIA,APPROVING lOAN AGREEMENT
WITH THE IRVINE COMPANY RElATIVE TO FINANCING
OF THE CONSTRUCTION OF CONTRACT NO.5-12
The Board of Directors of 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 (Coast Highway Trunk Sewer
and Bay Bridge Pumping Station),be approved;and,
Section 2 That the Chairman and the Secretary of the
District be authorized and directed to execute said agreement on
behalf of the District in form acceptable to the General Counsel;
and,
Section 3 That Resolution No.65-139-5,adopted by the
Board of Directors on August 9,1965,is hereby rescinded and
made of no further effect.
STATE OF CALIFORNIA
SS.
COUNTY OF ORA~NGE
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.65-159-5 was regularly passed and adopted at an adjourned
regular meeting of said Board on the 27th day of September ,
196~,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 27th day of September,196 5.
Fred A.Harper,Secretary,
Board of Directors of County Sanitation
District No.5 ,of Orange County,
California