HomeMy WebLinkAbout1987-01-22 - Board of Directors Meeting MinutesJanuary 22, 1987
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The regular meeting of the Board of Directors of the Yorba Linda
Water District was called to order by President Cromwell at 8:30
A.M. in the District offices at 4622 Plumosa, Yorba Linda. Directors
present: Paul R. Armstrong, Whit Cromwell, Sterling Fox, M. Roy
Knauft, Jr., William R. Mills, Jr. Also present: Ralph C. Shook
general manager, Arthur C. Korn assistant general manager, William
J. Robertson executive assistant to the general manager, Michael A.
Payne engineering manager, Juanita Harris office manager, Stan
Wolcott legal counsel from Rutan & Tucker.
Motion by Director Armstrong and seconded by Director Mills to
approve the consent calendar as follows: Approval of the minutes as
corrected of the meeting of January 8, 1987; Authorization for the
Directors to leave the State of California prior to the next meeting
and routine applications: SS-29-02 Lawrence J. Lechman 5949 Short
Street in the amount of $3690.00, SS-29-206 Jens Christensen 5732
Grandview in the amount $2928.25, J-8644 and SS-4-737 in the amount
of $25.00. Motion carried unanimously.
Motion by Director Armstrong and seconded by Director Fox to adopt
Resolution No. 87-01 entitled: RESOLUTION OF THE BOARD OF DIRECTORS
OF THE YORBA LINDA WATER DISTRICT IN RECOGNITION OF GERALD (JERRY)
E. PRICE'S RETIREMENT FROM THE BOARD OF DIRECTORS OF MUNICIPAL WATER
DISTRICT OF ORANGE COUNTY. Roll call vote: Ayes: Directors Paul R.
Armstrong, Sterling Fox, M. Roy Knauft, Jr., William R. Mills, Jr.,
Whit Cromwell. Noes: None. Abstain: None. Absent: None. Passed and
adopted this 22nd day of January, 1987.
Motion by Director Mills and seconded by Director Fox to appoint
Director Knauft to represent the District at the Retirement dinner
January 29, 1987 for Mr. Gerald E. Price who is retiring from the
Board of Directors of the Municipal Water District of Orange County
after thirty five years of service. Motion carried unanimously.
Director Knauft reported on the Executive - Administrative -
Organizational Committee meeting of January 8, 1987. The Committee
will meeting following the Board meeting.
Motion by Director Fox and seconded by Director-Armstrong to approve
for payment the audited bills and rate deposits in the amount of
$286,653.60 on checks No. 11592, 11617 thru 11710. Motion carried
unanimously.
Directors Fox and Armstrong reported on the Personnel Committee
meeting held January 14, 1987. Motion by Director Fox and seconded
by Director Armstrong to authorize issuance of a Task Order to
Tillinghast, Nelson and Warren, Inc. in an amount not to exceed
$8,000.00 for review and recommendations concerning the District's
risk management and insurance requirements. Motion carried
unanimously.
The Monthly Financial report was received and filed.
January 22, 1987
Assistant general manager Korn reported on the CSDA meeting in
Sacramento January 9, 1987.
Director Armstrong reported on the WACO meeting of January 9, 1987.
Director Fox reported on the Planning Commission meeting of January
14, 1987.
President Cromwell reported on the City Council meeting of January
19, 1987.
Director Mills reported on the OCWD meeting of January 21, 1987.
Mr. Hermann Zelles of Bank of America arrived at 9:00 A.M.
Mr. Zelles reported on the refinancing of ID 2 Series B Bonds.
Detailed discussion followed.
Director Fox left the meeting at 10:05 A.M.
Motion by Director Knauft and seconded by Director Mills to adopt
Resolution No.87-02 entitled: RESOLUTION OF THE BOARD OF DIRECTORS
OF THE YORBA LINDA WATER DISTRICT DETERMINING THAT THE ISSUANCE OF
NOT-TO-EXCEED $13,000,000 PRINCIPAL AMOUNT OF YORBA LINDA WATER
DISTRICT, IMPROVEMENT DISTRICT NO.2 1987 REFUNDING BONDS IS NOT
SUBJECT TO PRIOR INVESTIGATION, REPORT AND APPROVAL PURSUANT TO THE
DISTRICTS SECURITIES INVESTIGATION LAW OF 1965. Roll call vote:
Ayes: Directors Paul R. Armstrong, M. Roy Knauft, Jr., William R.
Mills, Jr., Whit Cromwell. Noes: None. Abstain: None. Absent:
Director Sterling Fox. Passed and adopted this 22nd day of January,
1987. Director Armstrong requested the minutes reflect the Board's
concern at refinancing the Improvement District No.2 Bonds.
Motion by Director Armstrong and seconded by Director Knauft to
adjourn to 4:30 P.M., February 5, 1987. Motion carried unanimously.
Meeting adjourned 10:35 A. M.
'Ralph C. Shook
Secretary