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HomeMy WebLinkAboutResolution 1982 - 0054RESOLUTION NO.8 2-54 APPROVING PURCHASE AND SALE AGREEMENT RE TRANSFER OF 4-MGD CAPACITY IN MILLER-HOLDER TRUNK FROM DISTRICT 11 TO DISTRICT 3 A RESOLUTION OF THE BOARDS OF DIRECTORS OF COUNTY SANITATION DISTRICTS NOS.3 AND 11 OF ORANGE COUNTY,CALIFORNIA,APPROVING AN AGREEMENT FOR THE TRANSFER OF 4-MGD CAPACITY IN THE MILLER-HOLDER TRUNK SEWER FROM DISTRICT NO.11 TO DISTRICT NO.3 ************* WHEREAS,County Sanitation District No.3,on March 24,1982,declared its itent to repurchase 4—MGD capacity in lower Miller—Holder Trunk Sewer from District No.11,for the amount of $750,000.00,subject to certain conditions, which said conditions have been satisfied;and, WHEREAS,County Sanitation District No.11,on April 14,1982,authorized the sale of 4—MGD capacity in the lower Miller—Holder Trunk Sewer to District No.3 for the amount of $750,000.00 on July 13,1983. WHEREAS,the Boards of Directors of County Sanitation Districts Nos.1,2, 3,5,6,7 and 11,at their regular meeting on April 14,1982,adopted Resolution No.82—42,establishing policy that future inter—district transactions for the purchase and sale of capacities in collection system facilities (sewer 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;and, NOW,THEREFORE,the Boards of Directors of County Sanitation Districts Nos.3 and 11 of Orange County,California, DO HEREBY RESOLVE,DETERMINE AND ORDER: Section 1 That the certain Purchase and Sale Agreement between County Sanitation Districts Nos.3 and ilof Orange County,California,providing for the transfer of 4—MGD capacity in the lower Miller—Holder Trunk Sewer,from .‘~bistrict No.11 to District No.3 effective July 13,1983,is hereby approved; I and, Section 2 That said transfer is subject to payment by District No.3 of $750,000.00 to District No.11 for said capacity;and, Section 3 That the Chairmen and Secretary of County Sanitation Districts Nos.3 and 11 are hereby authorized and directed to enter into and sign said agreement,together with all other documents necessary to effect said transfer, subject to approval of form and content by the Districts’General Counsel. PASSED AND ADOPTED at a regular meeting held May 12,1982. 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—54 was passed and adopted at a regular meeting of said Boards on the 12th day of May, 1982,by the following vote,to wit: DISTRICT 3 AYES:Bruce Finlayson (Chairman),Marvin P.Adler,Sal Gambina,Don R.Griffin,Frank J.Laszlo,Robert Luxembourger,Robert P. Mandic,Jr.,Gerald Mullen,Bob Perry,Charles J.Rell,Earl C. Roget,Don Roth,Charles E.Sylvia,Duane Winters NOES:None ABSENT:Henry R.Frese,Harriett M.Wieder DISTRICT 11 AYES:Ruth Bailey (Chairman),Ron Pattinson NOES:None ABSENT:Harriett U.Wieder 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 12th day of May, 1982. ~ J.W’ayne.tSylvester,Secretary Boards áf Di~ctors,County Sanitation Districts Nôs.1,2,3, 5,/6,,7 and 11 of Orange:Count~, C’alifornia /