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HomeMy WebLinkAboutResolution 1974 - 0118RESOLUTION NO.7~I~l18 CREATING A SUSPENSE FUND A JOINT RESOLUTION OF THE BOARDS OF DIRECTORS OF COUNTY SANITATION DISTRICTS NOS.‘5 AND 6 OF ORANGE COUNTY,CALIFORNIA,CREATING A SUSPENSE FUND FOR PAYMENT OF OBLIGATIONS JOINTLY UNDERTAKEN;ESTABLISHING PERCEN TAGES OF CONTRIBUTION;AND DESIGNATING DISTRICT NO.5 AS AGENT The Boards of Directors of County Sanitation Districts Nos.5 and 6 of Orange County,California, DO HEREBY RESOLVE,DETERMINE AND ORDER: Section 1 That County Sanitation District No.5 of Orange County,California,is hereby authorized and directed to establish a suspense fund for the purpose of the payment of joint obligations in óonnection with the Manhole Replacement and Repair,Contract No.5_lL~R_4;and, ,‘ Section 2 That County Sanitation Districts Nos.5 and 6 shall bear the percentage costs of the joint obligations chargeable to said suspense fund in the following percentages,as set forth in that certain Agreement for Purchase and Sale’dated July 1,1966, to wit: District No.5 —75% District No.6 —25% Section 3 That County Sanitation District No.5 be appointed agent,to act for itself and County Sanitation District No.6;and that the Chairman of said District No.5,and the Secretary,be authorized and directed to sign warrant books for said suspense fund; and, Section ~I That,upon written request of the General Manager, the County Auditor is hereby authorized and directed to transfer funds from the Districts’Operating Funds to the suspense fund herein provided. PASSED AND ADOPTED at a regular meeting held September 11,19714. STATE OF CALIFORNIA ). )SS. COUNTY OF ORANGE ) I,J.WAYNE SYLVESTER,Secretary of the Boards Of Directors of County Sanitation Districts Nos.5 and 6 of Orange County, California,do hereby certify that the above and foregoing Resolution No.VF—118 was regularly passed and adopted at a regular meeting of said Boards on the 11th day of September,l97~~, by the following vote,to wit: AYES:District No.5 —Directors Don Mclnnis (Chairman) and Ralph Clark District No.6 —Directors Kerm Rima (Chairman), Robert Battin,and Don Mclnnis NOES:None ABSENT:District No.5 -Director Howard Rogers IN WITNESS WHEREOF,I have hereunto set my hand this 11th day of September,19711. Sry, an tation Districts Nos 5 and 6 of Orange County)California