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HomeMy WebLinkAbout1982-09-23 - Board of Directors Meeting Minutes1744 September 23, 1982 The regular meeting of the Board of Directors of the Yorba Linda County Water Dist- rict was called to order by President Knauft at 8:30 a.m. in the offices of the District on Plumosa Drive. Directors present: M. Roy Knauft, Howard W. Lindow, Fred G. Clodt and Whit Cromwell. Director Paul R. Armstrong absent. Also present Ralph Shook general manager, Jean Mathews secretary, Betty Emblidge auditor, Art Kidman attorney, Bill Robertson project manager, Mike Payne engineering manager, Art Korn assistant general manager, Brian Johnson of C-W Associates and Mike Beverage Yorba Linda city councilman. Moved by Director Lindow seconded by Director Clodt to approve the consent calendar as follows: the minutes for September 9, 1982 the authorization for Directors to leave the state prior to next meeting, two routine jobs, Job 82-30 for water and sewer for Hank Worthington on 2.72 acres (three lots) water $8207.25 and sewer $4231.00 and Job 82-31 YLCWD Job Capital improvement in the amount of $5000.00. Motion carried. Bill Robertson said that the work was going justfine on Telemetry Specifications but Zone 5 pump station had been completed since the project began and now the request was to add that pump station to the telemetry system by an addendum to Task Order No. 1172. Moved by Director Cromwell seconded by Director Clodt to authorize the addendum to Task Order 1172 to include Zone 5 pump station in the Bryant Ranch at a cost not to exceed $4,500.00 and extend the completion date to October 14, 1982, motion carried. The E I R on Horseshoe Bend Annexation given to Board members for review. Action at October 14th meeting. Discussion regarding an engineering committee meeting to discuss the hydroelectric study, to be set after Director Armstrong returns, some time in October. Bill reported that the North Orange County Community College District had signed their application for sewer service and paid the required fees about one week ago. Art Kidman the attorney for the District had three items to discuss which did not appear on the agenda. The first, the agreement with C-W Associates regarding the series "B" bonds for I.D.#2. This agreement has been reviewed by the real estate lawyers at Rutan and Tucker because of the technical portion, this will be instead of a letter of credit, there will be a lien against the land, all other loan holders will sub- ordinate to the Water District. The lein stays with the land even when divided and sold. Directors given a draft to review, to be signed before the 14th probably on October 5th. Mr. Kidman also had a letter from Brian Johnson of C-W Assoc- iates agreeing to reimburse the District for up to $70,000 if the bond issue fails or does not go to completion. There is a possiblity of not getting MBIA approval and if this is true a private sale of the bonds would be faster and probably better. Counsel's recommendation to go ahead with private sale with 8.7 million dollars series "B". Discussion. It would not change the agreement if it was possible to get MBIA approval. Board felt better to go with MBIA first, if that were not possible a private sale. The attorney explained the need for validation of the rest of the bonds for ID # 1 and ID # 2 because of a case pending in court which might not allow the District to go above 8% on interest on the bonds. If the rest of the approved 1745 September 23, 1982 (continued) bonds are validated at a higher rate whenever more bonds were sold. This bonds at this time. Discussion . of interest the District would be protected does not mean that we are going to sell the Moved by Director Lindow seconded by Director Cromwell to adopt RESOLUTION NO. 82-26 entitled: THIRD SUPPLEMENTAL RESOLUTION AUTHORIZING THE ISSUANCE OF $18,360,000 PRINCIPAL AMOUNT OF YORBA LINDA COUNTY WATER DISTRICT IMPROVEMENT DISTRICT NO. 1 1978 WATER BONDS, SERIES C AND AUTHORIZING PROSECUTION OF VAL- IDATION PROCEEDINGS.Roll call vote: Ayes: Directors Lindow, Cromwell, Clodt and Knauft. Noes, none. Absent: Director Armstrong. Abstain:none. Passed and adopted this 23 day of September 1982. Moved by Director Lindow seconded by Director Cromwell to adopt RESOLUTION NO. 82-27 entitled: THIRD SUPPLEMENTAL RESOLUTION AUTHORIZING THE ISSUANCE OF $40,655,000 PRINCIPAL AMOUNT OF YORBA LINDA COUNTY WATER DISTRICT IMPROVEMENT DISTRICT NO. 2 1979 WATER BONDS, SERIES C, AND AUTHORIZING PROSECUTION OF VAL- IDATION PROCEEDINGS. Roll call vote:, Ayes, Directors Lindow, Clodt, Cromwell and Knauft. Noes: none. Absent: Director Armstrong. Abstain: none. Passed and adopted this 23 rd day of September, 1982. There will be a hearing of the Local Government Committee at Chula Vista on October 7 at 9:30 a.m. Attorney Kidman requested authority from the Board to represent the District at that hearing and would like to have a director attend also. Moved by Director Lindow seconded by Director Clodt authorizing Attorney Arthur Kidman to appear at the hearing on behalf of the District. Motion carried. General manager Ralph Shook gave an update on the Home owners payment on the East side. Still some checks outstanding and seven have been added that were not listed at first. All this will bec}osed out on October 1, 1982. Art Korn reported on the Fiesta Days MWD Conservation puppet show. Mr. Korn with the assistance of the Fiesta Days committee has permission to have this type of display and show the District proposes to have and even though the space required is very large have said they would work things around and find a place for the show. Moved by Director Lindow seconded by Director Cromwell to approve for payment the audited bills and rate deposit refunds in the amount of $175,697.41 on checks # 1722 and 1793 through 1883, motion carried. The uncollectibles in the amount of $2,066.39 memorandum was discussed. Moved by Director Cromwell seconded by Director Lindow to write off the list as presented by Auditor Betty Emblidge in the amount of $2,066.39. motion carried. CAC meeting set for 7:30 p.m. 9/23/82. Director Clodt reported on the planning commission meeting of 9/15/82. Director Lindow reported on the city council meeting of 9/20/82. Art Korn reported on the MWDOC meetings of 9/9/82 and 9/22/82. 1746 September 23, 1982 (continued) Art Korn reported on the OCWD meeting of September 15, no decision on the annexation policy. President Knauft asked the General Manager to put Proposition 13 on the next agenda for 10/5/82 for discussion. Director Clodt introduced the subject of gutter waste and how it could be handled or prevented. Discussion. Art Korn to draft an issue memorandum for next meeting regarding gutter waste. Moved by Director Lindow seconded by Director Clodt to adjourn to 10/5/82 at 8:30 a.m. motion carried. e AL4e';~~ Jean E. Mathews, Secretary a