HomeMy WebLinkAbout1963-04-05 - Board of Directors Meeting MinutesApril 5, 1963
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A special meeting of the Board of Directors of the Yorba Linda County
Water District convened at the office of the District at the hour
of 11:50 A.M. April 5, 1963.
The following Director s were present and answered the roll: Mr.
Hastings, Mr. McGuire and Mr. Clodt. Director Wagner and Milmoe
were absent. Attorney H. Rodger Howell was' also present.
A motion was made by Director McGuire, seconded by Director Clodt
and carried that Director Hastings be appointed temporary chairman.
The meeting was then called to order by Chairman Pro Tem Hastings.
The meeting was called for the purpose of discussing an erronous
statement published in regard to the future tax rate of the District
when payments of principal became due on Bonds outstanding.
After discussion a motion was made by Director McGuire, seconded by
Director Clodt and unanimously carried that the following notice
be mailed to the water consumers of the District:
All Consumers: April 5, 1963
The Yorba Linda County Water District reaffirms that it has not
taken and will not take an offical position with respect to the
coming Anaheim Annexation Election. However, the District wishes
to clarify statements made regarding the 76~- tax rate: of the
District. Although it is correct that the present 76(,~ tax rate
is paying interest only, present projections indicate that this
rate will not increase when we begin repayment of principal, and
furthert, thN/trie rate of growth continues it appears that this
rate will decrease even with repayment of principal and interest
as was planned by the Districts Financial Consultants. Inasmuch
as two of the Directors were not available at this time the above
statement has been authorized by the following Board Members:
Rex Hastings, Fred Clodt, and Ralph McGuire.
The hour of 12:00 noon having arrived a motion was made by Director
McGuire seconded by Director Clodt and carried that the meeting
recess for lunch.
The meeting was reconvened at the hour of 1:30 P.M.
The next order of business was discussion of certain difficulties
encountered in troweling the main being cement lined on Buena Vista.
After discussion a motion was made by Director Clodt seconded by
Director McGuire and carried that the General Manager be authorized
toissue any change orders he considered necessary to adjust the
operation to conform to the conditions found in the pipe.
There being no further business the meeting was adjourned on a motion
made by Director Clodt, seconded by Director McGui %and carried.
Valdo Y. Smith
Secretary Auditor