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HomeMy WebLinkAboutResolution 1966 - 0150RESOLUTION NO.66-150-5 APPROVING FIRST AMENDMENT TO LOAN AGREEMENT WITH THE IRVINE COMPANY (CONTRACT NO.5-13 A RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO.5,OF ORANGE COUNTY,CALIFORNIA,APPROVING AND AUThORIZ ING EXECUTION OF FIRST AMENDMENT TO LOAN AGREEMENT WITH THE IRVINE COMPANY,RElATIVE TO CONSTRUCTION OF CONTRACT NO.5-13 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 First Amendment to Loan Agreement with The Irvine Company dated December 15,1965,wherein that company agrees to lend to the District the sum of $110,000 toward the construction of TRUNK SEWER,BACK BAY DRIVE TO PACIFIC COAST HIGHWAY,CONTRACT NO.5-13 (Welch Park Sewer),is hereby approved and accepted;and, Section 2 That the Chairman and the Secretary of the District be authorized and directed to execute said amendment on behalf of the District,as prepared by the General Counsel. STATE OF CALIFORNIA SS. COUNTY OF ORANGE I,FRED A.HARPER,Secretary of the Board of Directors of County Sanitation District No.~,of Orange County,Cali fornia,do hereby certify that the above and foregoing Resolution was regularly passed and adopted at a regular meeting of said Board on the 21st day of ~ov~ber ,1966,by the following vote,to wit: AYES:Dtrectc~r~Lthdaley P~r~one (Ci~tr~an), P~u1 J.Oruber &nd Alton ~.Afl*n NOES: ABSENT:None IN WITNESS WHEREOF,I have hereunto set my hand and affixed the official seal of County Sanitation District No.~ ,of Orange County,California,thisfl$t day oft ~eThbCr ,1966. Wed A. Ha~e r ~t Board of Directors of County Sanitation District No.~,of Orange County, California