HomeMy WebLinkAbout1979-04-05 - Board of Directors Meeting Minutes1497
April 5, 1979
The adjourned 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 and answering the roll call: Howard Lindow, Art
Korn, Fred Clodt, Whit Cromwell and M. Roy Knauft, Jr. Also
present Ralph Shook general manager, Jean Mathews secretary Betty
Emblidge auditor, Richard T. Davalos project manager, Art Kidman
attorney, DuWayne Lidke engineer and Ray Fors and Ed Hyland from
Stone and Youngberg financial consultants.
President Knauft spoke to the Board members regarding the corre-
spondence from MWDOC regarding a Peripheral Canal Legislative
Workshop to be held June 1, 1979 at the Registery Hotel. The
letter from Dennis MacLain asked for the support of this District
on such a workshop. Discussion.
Moved by Director Korn seconded by Director Lindow to add the
District's name to those sponsoring the Peripheral Canal Legisla-
tive Workshop to be held June 1, 1979. Motion carried unanimously.
President Knauft asked the attorney to explain the procedure that
he wished to follow on the Improvement District No. 1 and Improve-
ment District No. 2 bond issue that is before the Board Meeting.
Mr. Kidman, Mr. Fors and Mr. Hyland all spoke regarding the res-
olutions and the official statement on the two improvement districts.
Improvement District No. 1, resolution and official statement are
complete and ready for board action.
Moved by Director Cromwell seconded by Director Korn to adopt
RESOLUTION NO. 79-12 entitled: SECOND SUPPLEMENTAL RESOLUTION
AUTHORIZING THE ISSUANCE OF $ 6,615,000.00 PRINCIPAL AMOUNT OF
YORBA LINDA COUNTY WATER DISTRICT IMPROVEMENT DISTRICT NO. 1
1978 WATER BONDS, SERIES B AND AUTHORIZING AND DIRECTING THE SALE
OF SAID BONDS AND APPROVING FORM OF OFFICIAL STATEMENT. Approved
and adopted this 5th day of April, 1979 by the following called
vote: Ayes: Howard Lindow, Fred Clodt, Art Korn, Whit Cromwell,
and M. Roy Knauft Jr. Noes, none ; Absent, none; Abstain, none.
Lengthy discussion on Improvement District No. 2 - further matters
that should be included in the official statement regarding the
owners of the Bryant Ranch, building conditions etc.
Moved by Director Clodt seconded by Director Knauft to adopt
RESOLUTION NO. 79-13 entitled: RESOLUTION OF THE BOARD OF DIR-
ECTORS OF YORBA LINDA COUNTY WATER DISTRICT PROVIDING FOR THE
ISSUANCE OF $41,660,000 MAXIMUM PRINCIPAL AMOUNT OF YORBA LINDA
WATER DISTRICT IMPROVEMENT DISTRICT NO. 2 1979 WATER BONDS, FOR
THE BENEFIT OF IMPROVEMENT DISTRICT NO. 2 OF YORBA LINDA COUNTY
WATER DISTRICT: PROVIDING FOR THE ISSUANCE OF SAID BONDS IN SERIES:
PRESCRIBING THE FORM AND TERMS OF SAID BONDS: AND PROVIDING FOR
THE LEVY OF A TAX TO PAY THE PRINCIPAL AND INTEREST THEREOF.
April 5, 1979 (continued)
1498
Passed and adopted this 5th day of April 1979 by the following
called vote: AYES: HOward Lindow, Fred Clodt, Art Korn, Whit
Cromwell and M. Roy Knauft Jr. Noes: none, Absent; none Abstain;
none.
Moved by Director Korn seconded by Director Cromwell to adopt
RESOLUTION NO. 79-14 entitled: RESOLUTION NO. 79-14 FIRST SUP-
PLEMENTAL RESOLUTION AUTHORIZING THE ISSUANCE OF $1,005,000
PRINCIPAL AMOUNT OF YORBA LINDA COUNTY WATER DISTRICT IMPROVE-
MENT DISTRICT NO. 2 1979 WATER BONDS, SERIES A; AND AUTHORIZING
AND DIRECTING THE SALE OF SAID BONDS AND APPROVING FORM OF
OFFICIAL STATEMENT. Passed and adopted this 5th day of April 1979
by the following called vote: Ayes: Howard Lindow, Fred Clodt,
Art Korn, Whit Cromwell and M. Roy Knauft Jr. Noes, none. Absent
none. Abstain . none.
Moved by Director Korn seconded by Director Cromwell the approval
of Resolution No. 79-14 is subject to the Board's understanding
that the official statement will include additional disclosures
concerning the landowner and developer of the Bryant Ranch and
that if the District staff and consultants are unable to obtain
sufficient information to make a definate disclosure, they may,
in their discretion determine to not go forward with the proposed
bond sale as scheduled. Motion carried unanimously.
Moved by Director Clodt seconded by Director Lindow to adopt
RESOLUTION NO.79-15 entitled RESOLUTION OF THE BOARD OF DIRECTORS
OF THE YORBA LINDA COUNTY WATER DISTRICT TO SET A HEARING DATE
AND GIVE NOTICE OF INTENT TO ACQUIRE CERTAIN REAL PROPERTY IN THE
CITY OF YORBA LINDA, COUNTY OF ORANGE STATE OF CALIFORNIA BY
EMINENT DOMAIN. Passed and adopted by the following roll call
vote: Ayes, Howard Lindow, Fred Clodt, Art Korn, Whit Cromwell
and M. Roy Knauft, Jr. Noes: none Absent: none Abstain: none.
Dated this 5th day of April, 1979.
Moved by Director Lindow seconded by Director Korn to go into
executive session at 9:27 a.m. Motion carried.
Moved by Director Clodt seconded by Director Lindow to go back
into regular session at 9:39 a.m. Motion carried.
Moved by Director Lindow seconded by Director Clodt that in the
process of re-evaluating our public relations program, terminate
the services of Dean Davisson as Public Relations representative
effective April 30th, 1979, staff instructed to write Mr. Davisson
informing him of the Board action. Motion carried unanimously.
Moved by Director Lindow, seconded by Director Clodt to place the
ad in the May issue of the News Tribune again this year. Motion
carried unanimously.
Moved by Director Lindow seconded by Director Clodt to adjourn at
9:48 a.m. Motion carried.
Jean E. Mathews, Secretary