HomeMy WebLinkAbout1981-10-08 - Board of Directors Meeting MinutesOctober 8, 1981
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The regular meeting of the Board of Directors of the Yorba Linda County Water
District 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 Arthur C. Korn absent.
Also present Ralph C. Shook general manager, Jean Mathews secretary, Betty
Emblidge auditor, Art Kidman attorney with Rutan and Tucker, Mike Payne eng-
ineering manager, Bill Robertson project manager, Pete Royere assistant gen-
eral manager and DuWayne Lidke engineer with Montgomery.
Brian Johnson was introduced, Mr. Johnson is now associated with Campeau.
Moved by Director Cromwell seconded by Director Clodt to approve the consent
calendar as follows: Minutes of 9/24/81, the out of state motion and the routine
applications for sewer service No. 29-13 John Brodman 5962 Short Street on .409
acres at a cost $848.55, No. 29-1835 Ed Rohl at 6001 Short Street on .682 acres
at a cost of $1237.60 and water application for Job 80-42B for Forest Lawn on
3.74 acres water charges $28,851.30, motion carried unanimously.
Auditor Betty Emblidge's August financial report and September investment re-
port were received and filed.
Bill Robertson project manager presented the change order No. 3 and the Final
Progress Payment on the De Los Reyes Reservoir Project. Discussion, moved by
Director Lindow seconded by Director Cromwell to approve the Change Order No.
3 and the Final Progress Payment, motion carried unanimously.
Moved by Director Cromwell seconded by Director Lindow to approve for payment
the audited bills and rate deposits in the amount of $92,442.56 and the invest-
ment of $400,000.00, motion carried unanimously.
The water conservation committee did not meet but Director Lindow reported
that he and Art Korn had been at a meeting on conservation where a lot of good
material was offered and might be helpful to our committee.
The report from the Fire Hydrant Committee continued for a time when all the
committee is present.
Director Clodt reported on the planning commission meeting of September 30, 1981.
Director Lindow reported on the city council meeting of October 5, 1981.
General manager Shook reported on the Irvine Ranch Water District test program
hearing regarding ground water storage in the basin.
The Municipal Water District of Orange County Interruptable Water Meeting of
September 30, 1981 was reported on by Director Knauft and General Manager Shook.
Director Korn also attended the meeting.
The CSDA Convention was attended by Directors Korn and Lindow and Mr. Shook.
The Legislative Alert ACWA information on Board meeting fees for Directors will
be effective as of January 1982.
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October 1981 (continued)
Staff instructed by President Knauft to write Jerry Patterson author of the
Mono Lake Bill a thank you letter and carbon copy the rest of our represent-
atives the letter that was mailed to Wm. Dannemeyer.
Art Kidman reported on his business trip to Toronto regarding the Campeau Corp.
and the Bond Sale scheduled for later this month.
Mr. Kidman gave each director a rough draft of the agreement with Campeau and
explained the various sections. A letter of credit is not a problem and it
looks as though MBIA would issue the insurance, however the premium will be
about $182,000._ The agreement is a three way agreement with the District,
Campeau and MBIA as participants.
The letter of credit is to be for Three million dollars renewable annually each
October 15. If this new letter of credit is not received by October 15 then the
District may draw on the letter of credit or if there is a default on the taxes
the District may draw on the letter of credit. If the default is corrected the
District would repay the amount withdrawn.
President Knauft declared a ten minute break.
Meeting called back to order at 10:15 a.m. with all directors present except
Director Korn .
Ray Fores of Stone and Youngberg and Stan Wolcott of Rutan and Tucker came into
the meeting to go over the bond prospectus one more time before printing.
Stan Wolcott said that the Negative Declaration had been filed with respect
to ID #2 1979 Water Bonds , Series B on August 20th. All corrections on the
Stone and Youngberg prospectus were thoroughly checked by staff and the Board.
It was determined that it was ready for printing. He then presented the Directors
with the next resolution with regard to the bond issue. Moved by Director Lindow
seconded by Director Cromwell to adopt RESOLUTION NO. 81-19 entitled: SECOND
SUPPLEMENTAL RESOLUTION AUTHORIZING THE ISSUANCE OF $7,875,000 PRINCIPAL AMOUNT
OF YORBA LINDA COUNTY WATER DISTRICT IMPROVEMENT DISTRICT NO. 2, 1979 WATER BONDS
SERIES B: AND AUTHORIZING AND DIRECTING THE SALE OF SAID BONDS AND APPROVING THE
FORM OF OFFICIAL STATEMENT. Roll call vote: Ayes: Directors Lindow, Clodt,
Cromwell and Knauft. Noes: none. Absent: Director Korn. Abstaining none. Passed
and adopted this 8th day of October, 1981.
Moved by Director Cromwell seconded by Director Lindow to adopt RESOLUTION NO.
81-20 RESOLUTION ADOPTING AND RATIFYING THE NEGATIVE DECLARATION WITH RESPECT
TO THE IMPROVEMENT DISTRICT NO. 2, 1979 WATER BONDS, SERIES B. Roll call vote:
Ayes, Directors Lindow, Clodt, Cromwell and Knauft. Noes, none. Absent: Director
Korn. Abstain: none. Passed and adopted this 8th day of October, 1981.
President Knauft left the meeting at 11:45 a.m.
Vice President Lindow assumed the Chair for the rest of the meeting.
Moved by Director Cromwell seconded by Director Clodt to adjourn to closed session
for personnel matters. Motion carried.
Moved by Director Clodt seconded by Director Cromwell to go back into regular session
at 12:25 , motion carried. No action taken in the closed session. Moved by Director
Clodt seconded by Director Cromwell to adjourn at 12:30 noon, Motion carried.
Jean E. Mathews, Secretary ?a'7t