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HomeMy WebLinkAboutResolution 1970 - 0073RESOLUTION NO.7b-73 C~EATING A SUSPENSE FUND A JOINT RESOLUTION OF THE BOARDS OF DIRECTORS OF COUNTY SANITATION DISTRICTS NOS.1 AND 7,OF ORANGE COUNTY,CALIFORNIA, CREATING A SUSPENSE FUND FOR PAYMENT OF OBLIGATIONS JOINTLY UNDERTAKEN:ESTABLISHING PERCENTAGES OF CONTRIBUTIONS;AND DESIGNATING DISTRICT NO.7,AS AGENT The Boards of Directors of County Sanitation Districts Nos.1 and 7,of Orange County,California, DO HEREBY RESOLVE,DETERMINE AND ORDER: Section 1 That County Sanitation District No.7,of Orange County,California,is hereby authorized and directed to establish a suspense fund for the purpose of the payment of obligations in connection with the construction of facilities to be jointly owned as set forth in the respective Engineer’s Report~dated November 1969 for District No.1 and District No.7, and as hereafter described in Section 2. Section 2 That County Sanitation Districts Nos.1 and 7, shall bear the percentage costs of the obligations chargeable to said suspense fund in the following percentages,to wit: Facility District No.1 District No.7 Sunflower Trunk Reach 1 -Treatment Plant No.1 to Raitt Street 3c~ Reach ‘2 —Raitt Street to Main Street 25%75% Main-Dyer Trunk Reach 25 -Sunflower Avenue to .MacArthur Blvd.97%3% Section 3 That County Sanitation District No.7,is hereby appointed agent,to act for Itself arid County Sanitation District No.1;and that the Chairman of said District No.7,and the Secretary are hereby authorized and directed to sign warrant books for said suspense fund;and, Section 4 That,upon written request of the General Manager,the County Auditor is hereby authorized and directed to transfer funds from the Accumulated Capital Outlay Fund of District No,1 and the Construction Fund of District No.7,to the suspense fund as herein provided. PASSED AND ADOPTED at an adjourned regular meeting held April 28,1970. STATE OF CALIFORNIA SS. COUNTY OF ORANGE I,FRED A.HARPER,Secretary of the Boards of Directors of County Sanitation Districts Nos.1 and 7 of Orange County,California,do hereby certify that the above and foregoing Resolution No.7o73 was regularly passed and adopted at an adjourned regular meeting of said Boards on the 28th day of April ,1970,by the following vote,to wit: AYES:Clifton C.Miller,Lorin Griset,Ellis N.Porter,Wm.Hirstein and Alton E.Allen NOES:None ABSENT: Howard Rogers and Don E.Smith IN WITNESS WHEREOF,I have hereunto set my hand this 28th day of April ,197j. ~a~i_ Fred A.Harpër,Secretarr~r~~ Boards of Directors,County Sanitation Districts Nos.1 and 7 of Orange County,California