HomeMy WebLinkAboutResolution 1991 - 0032RESOLUTION NO.91-32
APPROVING MEMORANDUM AGREEMENT WITH ROURKE &
WOODRUFF TO SERVE AS THE DISTRICTS’CO—BOND
COUNSEL FOR THE 1990-92 SERIES B C.O.P.ISSUE
A JOINT RESOLUTION OF THE BOARDS OF DIRECTORS OF
COUNTY SANITATION DISTRICT NOS.1,2,3,5,6,7,
11,13 AND 14 OF ORANGE COUNTY,CALIFORNIA,
APPROVING MEMORANDUM AGREEMENT WITH ROURKE &
WOODRUFF TO SERVE AS CO-BOND COUNSEL FOR THE
DISTRICTS’CAPITAL IMPROVEMENT PROGRAM 1990-92
SERIES B CERTIFICATES OF PARTICIPATION.ISSUE
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WHEREAS,the County Sanitation Districts of Orange County,California,
pursuant to financial needs and requirements described In its Collection,
Treatment and Disposal Facilities Master Plan adopted July 19,1989,have
determined to Issue long—term debt obligations/securities to obtain the
necessary funds to complete the development of Its needed capital facilities;
and,
WHEREAS,the Districts have heretofore considered several well qualified
legal firms to serve as their Bond Counsel,and Rourke &Woodruff was selected
as co—Bond Counsel,along with Mudge Rose Guthrie Alexander &Ferdon,for the
Districts’Capital Improvement Program 199O—92Series A Certificates of
Participation issue;and,
WHEREAS,the Boards of Directors have heretofore directed the Fiscal
Policy Coninittee and other finance team members,including Rourke &Woodruff,
to proceed with planning and implementation of the Capital Improvement Program
1990—92 Series B Certificates of Participation.
NOW,THEREFORE,the Boards of Directors of County Sanitation Districts
Nos.1,2,3,5,6,7,11,13 and 14 of Orange County,California.,
DO HEREBY RESOLVE,DETERMINE AND ORDER:
Section 1 That the firm of Rourke &Woodruff is hereby appointed and
designated as co—Bond Counsel for the forthcoming Capital Improvement Program
1990—92 Series B Certificates of Participation debt issue;and,
Section 2 That the terms and conditions of that certain Memorandum
agreement from Rourke &Woodruff,dated February 20,1991,are hereby approved,
and payment for said special co—Bond Counsel services,,for a maximum fee not to
exceed $7,500.00,is herebyauthorized;and,
Section 3 That the General Manager is hereby authorized and directed to
execute said Memorandum agreement on behalf of the Districts.
PASSED AND ADOPTED at a regular meeting held March 13,1991.
STATE OF CALIFORNIA)
)SS.
COUNTY OF ORANGE )
I,RITA J.BROWN,Secretary of the Boards of Directors of County
Sanitation Districts Nos.1,2,3,5,6,7,11,13 and 14 of Orange County,
California,do hereby certify that the foregoing Resolution No.91—32 was
passed and adopted at a regular meeting of said Boards on the 13th day of
March,1991,by the,following vote,to wit:
AYES:Fred Barrera,Bob Bell,Walter K.Bowman,A.B.“Buck”Catlin,
John Collins,John C.Cox,Jr.,Norman E.Culver,Burnie
•
Dunlap,Richard B.Edgar,James V.Evans,Don R.Griffin,Dan
Griset,John M.Gullixson,Evelyn Hart,Jack Kelly,William
D.Mahoney,Robert H.Main,Keith A.Nelson,Glenn Parker,Irv
Pickier,Ruthelyn Plurmier,Leslie A.Pontious,Charles
E.Puckett,Robert Richardson,Earle Robitaille,Don R.Roth,
Phil Sansone,Sal A.Sapien,Mark Schwing,Sally Anne Sheridan,
Roger R.Stanton,Beth Strader,Peer A.Swan,Charles
E.Sylvia,James A.Wahner,Edna Wilson,Grace H.Winchell
NOES:None
ABSENT:William D.Ehrle,Arthur G.Newton,Miguel Pulido
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.2,3,5,6,7,11,13 and 14 of Orange County,California,this 13th day
of March,1991.
Rita J.Brown,Secretary .
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Boards of Dire:tors,County’
Sanitation Districts Nos.1.,2,3 5,
6,7,11,13 and 14 of Orange County,
California