HomeMy WebLinkAboutResolution 1982 - 0042RESOLUTION NO.82-42
ESTABLISHING POLICY RE PURCHASE AND SALE OF
INTER-DISTRICT COLLECTION SYSTEM CAPACITIES
A JOINT RESOLUTION OF THE BOARDS OF DIRECTORS
OF COUNTY SANITATION DISTRICTS NOS.1,2,3,
5,6,7 AND 11 OF ORANGE COUNTY,CALIFORNIA,
ESTABLISHING POLICY RE VALUATION METHOD
PERTAINING TO INTER-DISTRICT TRANSACTIONS FOR
PURCHASE AND SALE OF CAPACITIES IN COLLECTION
SYSTEM FACILITIES
WHEREAS,in order to minimize costs of constructing and operating collection
system sewer and pump station facilities,each of the County Sanitation Districts
Nos.1,2,3,5,6,7 and 11,have heretofore entered into agreements with one or
more of said other Districts to accommodate collection and transportation of
wastewater originating in one District through the facilities of another District by
jointly sharing the cost of constructing and/or acquiring inter—District capacity
rights in such facilities;and,
WHEREAS,from time to time in the future,it may be necessary for said
Districts to modify inter—District capacity rights and purchase and/or sell equity in
the respective collection systems because of changing facilities’requirements;and,
WHEREAS,to enable said Districts to adequately plan for future financing,
construction and operation of their respective collection systems,it is deemed
desirable to establish a uniform policy pertaining to the purchase and sale of
inter—District capacity in sewer and pump station facilities.
NOW,THEREFORE,the Board of Directors of County Sanitation Districts Nos.1,
2,3,5,6,7 and 11 of Orange County,California,
DO HEREBY RESOLVE,DETERMINE AND ORDER:
That all future inter—District transactions for the purchase and sale of
capacities in collection system facilities (sewers and pump stations)shall be valued
at the booked cost of said capacity escalated based on the Engineering News Record
Construction Cost Index (ENR 1913 =100)to the agreed transaction date.
PASSED AND ADOPTED at a regular meeting held April 14,1982.
STATE OF CALIFORNIA)
SS.
COUNTY OF ORANGE
I,J.WAYNE SYLVESTER,Secretary of the Boards of Directors of County
Sanitation Districts Nos.1,2,3,5,6,7 and 11 of Orange County,
California,do hereby certify that the foregoing Resolution No.82—42 was
passed and adopted at a regular meeting of said Boards on the 14th day of
April,1982,by the following vote,to wit:
AYES:Marvin P.Adler,Ruth Bailey,John C.Cox,Jr.,Norman E.
Culver,Richard B.Edgar,Bruce Finlayson,Ruth Finley,Donald
Fox,Sal Gambina,Robert Hanson,Evelyn Hart,Donald A.Holt,
Jr.,Elvin Hutchison,Carol Kawanami,Frank J.Laszlo,Robert
Luxembourger,Gerald Mullen,Ben Nielsen,Ron Pattinson,Bob
Perry,Lester J.Reese,Thomas F.Riley,Earl C.Roget,Don
Roth,James B.Sharp,Don E.Smith,Roger R.Stanton,Charles
E.Sylvia,Bill Vardoulis,James Wahner,Henry W.Wedaa,
Dorothy Wedel,Harriett M.Wieder,Duane Winters
NOES:None
ABSENT:Ruthelyn Plummer,Lawrence Romagnino,Anthony van Dyke
IN WITNESS WHEREOF,I have hereunto set my hand and affixed the official
seal of County Sanitation District No.1 on behalf of itself and Districts
Nos.2,3,5,6,7 and 11 of Orange County,California,this 14th day of
April,1982.
ita~ion strictsNos.1,2,3,
6,/7 and 11 of Orange County,
Calif6rnia