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HomeMy WebLinkAboutResolution 1972 - 0133RESOLUTION NO.72—133—2 APPROVING POREEMENT FOR DEFERRAL OF ANNEXATION FEES FOR ANAHEIM HILLS ANNEXATION NO.1 A RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO.2,OF’ORANGE COUNTY,CALIFORNIA,APPROVING AGREEMENT WITH ANAHEIM HILLS,INC.AND TEXACO VENTURES,INC., PROVIDING FOR DEFERRED PAYMENT OF ANNEXATION FEES FOR ANAHEIM HILLS ANNEXATION NO.1 ****~*** The Board of Directors of County Sanitation District No.2, of Orange County,California, DOES HEREBY RESOLVE,DETERMINE AND ORDER: Section 1 That the certain Agreement dated ______________ with Anaheim Hills,Inc.and Texaco Ventures,Inc.,providing for payment of annexation fees for Proposed Annexation No.6 —Anaheim Hills Annexation No.1 in five equal annual Installments,be approved;and, Section 2 That said agreement shall provide for payment of ____%interest per annum on the unpaid balance of said annexation rees;and, Section 3 That said agreement shall provide for posting of a Performance Bond in the amount of the unpaid balance from time to time issued by a surety approved by the General Counsel, guaranteeing payment of said annexation fees and interest thereon; and, Section ~That the Chairman and the Secretary of the Board of Directors are hereby authorized and directed to execute said agreement on behalf of the District as prepared by the General Counsel. PASSED AND ADOPTED at a regular meeting held October 11,1972. — STATE OF CALIFORNIA COISNTY OF ORANGE . 1,J.WAYNE SYLVESTER,Secretary of the Board of Directors of County Sanitation District No.2 ,of Orange County,California,do hereby certify that the above and foregoing Resolution No.72-133-2 ,was regularly passed and adopted at a regular meeting of said Board on the 11th day of October ,1972 ,by the following vote to~wit: AYES:Directors Don Smith (Chairman), Norman Culver,Robert Finnell,Donald Fox,Wade Herrin,Edward Just,Robert Nevil,Robert Root,Mark Stephenson, Henry Wedaa and Donald Winn NOES:None ABSENT:Director William Phillips IN WITNESS WHEREOF,I have hereunto set my hand and affixed the official seal of County Sanitation District No.2 of Orange County,California,this 11th day of October, 1972. ~~LictcrsofCo~ty of Orange County,California s-io4