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HomeMy WebLinkAboutResolution 1994 - 0081RESOLUTION NO.94-81 DECLARATION OF OFFICIAL tNTENT TO REIMBURSE CERTAIN 1994-95 CAPITAL IMPROVEMENT EXPENDITURES FROM PROCEEDS OF INDEBTEDNESS A RESOLUTION OF THE JOINT BOARDS OF DIRECTORS OF COUNTY SANITATION DISTRICTS NOS.1,2,3,5,6,7,11,13 AND 14 OF ORANGE COUNTY,CALIFORNIA DECLARING THEIR INTENT TO REIMBURSE CERTAIN 1994-95 CAPITAL IMPROVEMENT EXPENDITURES FROM PROCEEDS OF INDEBTEDNESS WHEREAS,the Joint Boards of Directors of County Sanitation Districts Nos. 1,2,3,5,6,7,11,13 and 14 of Orange County,California (collectively the “Issuer’) intend to acquire and/or construct certain 1994-95 capital improvements as described in Exhibit “A”(the “Project”);and WHEREAS,the Issuer expects to pay certain expenditures (the “Reimbursement Expenditures”)in connection with the Project prior to the issuance of indebtedness for the purpose of financing costs associated with the Project on a long- term basis;and WHEREAS,the Issuer reasonably expects that debt obligations in an amount not expected to exceed $100 million will be issued and that certain of the proceeds of such debt obligations will be used to reimburse the Reimbursement Expenditures;and NOW,THEREFORE,the Issuer declares: SECTION 1 The Issuer finds and determines that the foregoing recitals are true and correct. SECTION 2 This declaration is made solely for purposes of establishing compliance with the requirements of Section 1.150-2 of the Treasury Regulations.This declaration does not bind the Issuer to make any expenditure,incur any indebtedness, or proceed with the Project. SECTION 3 The Issuer hereby declares its official intent to use proceeds of indebtedness to reimburse itself for the Reimbursement Expenditures. SECTION 4 This Resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED at a regular meeting held July 13,1994. EXHIBIT A DESCRIPTION OF THE PROJECT The following capital projects and improvements shall constitute the Project,to the extent such capital projects and improvements are acquired,constructed or paid for by or on behalf of the Districts during the period commencing July 1,1994,and ending on June 30,1995 (or such later date as the Districts shall determine.) Category A Plant No.I new and rebudgeted major projects to provide the necessary digestion capacity to serve the increased primary and secondary treatment plant facilities.Includes Master Plan projects for headworks,digesters,and power generation.Also includes seismic retrofit,primary treatment,and secondary treatment upgrades and expansion. Category B Plant No.2 new and rebudgeted major projects to provide the necessary digestion capacity to serve the increased primary and secondary treatment plant facilities.Includes Master Plan projects for primary basins and power generation.Also includes seismic retrofit,primary treatment,and secondary treatment upgrades and expansion. Category C Includes improved treatment and additional capacity projects for regional water reclamation. Cateaorv D Includes replacement and rehabilitation,improved treatment,and additional capacity projects for interplant and joint facilities such as support facilities, outfall and booster pump stations,sludge disposal,and other Master Plan projects. Category E Includes special projects,studies,and research for improved treatment and additional capacity at Plants No.I and No.2. Category F Includes certain equipment for replacement and rehabilitation,improved treatment,and additional capacity at Plants No.I and No.2. Cateaorv G Includes miscellaneous capital improvement projects within County Sanitation District No.1. Category H Includes certain manhole access modifications,subtrunk rehabilitation, pump station rehabilitation,pump station rehabilitation,sewer line crossing upgrades, and projects required by freeway widenings with County Sanitation District No.2. Category I Includes certain sewer line replacements,trunk rehabilitation,force main replacements,pump and lift station rehabilitation,sewer line crossing upgrades,and projects required by freeway widenings within County Sanitation District No.3. —1— Category J Includes certain pump station improvements,trunk rehabilitation,and miscellaneous projects within County Sanitation District No.5. Category K Includes pump station improvements and rehabilitation,sewer line and trunk rehabilitation,and miscellaneous projects within County Sanitation District No.6. Cateaory L Includes manhole access modifications,trunk replacement,sewer system improvements,pump station expansion and rehabilitation,projects required by freeway widenings,and miscellaneous projects within County Sanitation District No.7. Category M Includes pump station improvements and replacements,sewer line and trunk rehabilitation,and miscellaneous projects with County Sanitation District No.11. Category N Includes certain subtrunk and interceptor capacity projects within County Sanitation District No.13. Category 0 Includes certain interceptor capacity and other miscellaneous projects within County Sanitation District No.14. J:~WPDC\FIN~CRANE\SK~IP.EXA —2— STATE OF CALIFORNIA) )SS. COUNTY OF ORANGE ) I,PENNY KYLE,Assistant 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.94-81 was passed and adopted at a regular meeting of said Boards on the 13th day of July,1994, by the following vote,to wit: AYES:Fred Barrera,George Brown,John Collins,John C. Cox,Jr.,Jan Debay,Barry Denes,Burnie Dunlap, Norman Z.Eckenrode,James M.Ferryman,James H. Flora,Don R.Griffin,John M.Guiiixson,Barry Hammond,Evelyn Hart,Wally Linn,William D. Mahoney,Pat McGuigan,Ted R.Moreno,Linda Moulton—Patterson,Carrey J.Nelson,Chris Norby, Glenn Parker,Richard Partin,Irv Pickier, Jim Potts,Margie L.Rice,Thomas R.Saltarelli, Phil Sansone,Sal A.Sapien,Sheldon S.Singer, Roger R.Stanton,William G.Steiner,Peer A. Swan,Charles E.Sylvia,James A.Wahner, Daniel T.Welch,Grace H.Winchell,Tracy A. Worley,George L.Ziaket NOES:None ABSENT: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 July,1994. Penny Kyl ,A istant Secretary Boards of Directors,County Sanitation Districts Nos.1,2,3, 5,6,7,11,13 and 14 of Orange County,California