HomeMy WebLinkAbout1962-11-14 - Board of Directors Meeting Minutes216
November 14, 1962
A regular meeting of the Yorba Linda County Water District was convned
at the hour of 8:30 A.M. November 14, 1962 at the office of the
District by President Wagner.
All directors were present and answered the roll. Also present was
Alex Bowie, attorney for the District and Herman Ze-lles of Stone and
Youngberg, Financial Consultants.
A motion was made by Director Milmoe, seconded by Director McGuire and
duly carried that the minutes of the meeting held October 10 and October
23, 1962 be approved as mailed.
Mr. Dan Foley was present and a general discussion was held on the
subject of the proposed annexation of Yorba Linda to Anaheim.
A communication was read from orange County Farmers Mutual Fire Ins-
urance Company requesting signatures on a consent and Approval to
dissolve the Mutual Company in order to form a stock company. After
discussion it was agreed that the change in the corporate structure
would be to the benefit of the District and a motion was made by
Director Clodt, seconded by Director McGuire and carried that the proper
officers be authorized to sign the Consent ad and approval form as
presented.
After thorough discussion a motion was made by Director Milmoe,
seconded by Director McGuire and unanimously carried that Resolution
No. 68, providing for certain changes in the Rules and Regulations
be adopted as follows:
Resolution No. 68
RESOLVED: That the Rules and Regulations of the Yorba Linda County
Water District adopted March 9, 1960 in Resolution 31 A are hereby amend-
ed by deleting the following from Section 3.12,of the Rules and
Regulations: "In case the water is turned off, as herein provided, it
shall not be turned on again until all legitimate charges for services
rendered, together with the additional sum of three ($3.00) dollars
which is hereby made a penalty for the failure to pay the said rate,
and to pay the District for turning on the water."
RESOLVED: That the Rules and Regulations of the Yorba Linda County Water
District adopted March 9, 1960 in Resolution No. 31 A are hereby
amended by adding the following to Section 3.12 of the Rules and
Regulations: " In the event a service or collection call is made
personally b)f a representative of the District for the purpose of
collecting the amount due, an additional sum of three ($3.00) dollars
shall beoome due and payable, and shall be collected in addition to
the amount of the bill. In the event the service is turned off for
non-payment of the amount due, including the $3.00 service charge,
this total amount due shall be paid to the District before service
may be turned on."
Discussion was held concerning the payment of a loan made to the
District by House and Home Financing Agency for the purpose of a
maste 1 n pr sewer motion was made by Director Hastings,
secondreg ~y hector NcGuire-v and carried that Manager Dueker
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be instructed to write a letter to House and Home Finance Agency,
requesting the proper forms and instructions providing for repayment
of the loan and that authorization be given to the proper officers to
make the repayment.
After discussion a motion was made by Director Milmoe, seconded by
Director Clodt and unanimously carried that the rate of the surcharge
on the water to be furnished outside of the District to the Shell
Oil Company over and above the cost of the water so furnished is hereby
established as an amount equal to the costs of furnishing said water
to the Shell Oil Company, said cost to be not less than 20% of the cost
of the water so furnished.
A motion was made by Director McGuire, seconded by Director Clodt,
and duly carried that a bill for water to serve.the Shell Oil
Company in the amount of $264.10 be paid to Orange County Municipal
Water District.
Mr. John Pomykata appeared before the Board to protest the payment of
a frontage charge on Ohio Street for the privilege of,connecting to
a recently installed main. Aftek discussion a motion was made by
Director Hastings, seconded by Director McGuire and duly carried
that the District and Mr. Pomykata should abide by the Rules and Regul-
ations and that the charge was proper.
This being the time and place fixed for the opening of the bids
for $230,000.00 bonds designated "Water Works Bonds, Election 1959,
Series B'". That following bids pursuant to Notice of Sale were
publicly opened, examined and read: Bank of America National Trust
and Savings association bid-par, accrued interest to date of delivery,
and a premium of $29.00 for said bonds bearing interest payable
annually for the 3c first year and semi-annually thereafter at the
rate(s) of:
Rates Years
4.00% 1966 to 1976
3.75% 1977 to 1985
4.00% 1986 to 1995
Blyth and Company et al bid par, accrued interest to,date of delivery,
and a premim of $863.00 for bonds bearing interest payable annually the
first year and semi annually thereafter at the following rate(s):
Rate Years
4°/, 1966 - 1995
Barcus - Kindred et al bid par, accrued interest to date of delivery,
and a premium of $822.94 for bonds bearing interest payable annually
the first year and semi annually thereafter at the following rate(s):-
Rate Years
5% 1966-1981
4% 1982-1995
Juran and Moody bid par, accrued interest to date of delivery, bearing
interest payable annually the first year and-semi annually thereafter
ath the following rate (s):
218
Rate Years
3.90%, 1966-1979
4,20% 1980-1985
4.10% 1986-1995
Walter Woody & Heimerdinger bid par, accrued interest to date of
delivery bearing interest payable annully the first year and
semi annually thereafter at the following rate (s):
Rate Years
4k% 1966-1979
1980-1995
Taylor and Company bid par, accrued interest to date of delivery
bearing interest payable annually the first year and semi annually
thereafter at the following rate (s):
Rate Years
4°la 1966-1972
4% 1973-1985
3.90% 1986-1995
Shearson, Hammill and Company bid par, accrued interest to date of
delivey and apremium of $27.00 for bonds bearing interest payablee
annually and the first year and semi annually thereafter at the
following rate (s):
Rate Years
5% 1966-1972
4"/. 1973-1983
3.95% 1984-1987
4% 1988-1995
Dempsey - Tegeler and Co., Inc., bid par, accrued interest to date of
delivery bearing interest payable annually the first year and semi
annually thereafter at the following rate (s):
Rate Years
4.20% 1966-1992
4.05% 1993-1995
Each bid was accompanied by a good faith check in an amount not less
than $2,300.00
All bids were then referred to Herman Zelles of Stone and Youngberg
for checking and computation, a report thereon to be given this
Board later in the meeting.
Mr. Zelles reported back to the meeting that all bids and computations
had been checked and that the Bank of America National Trust and
Savings Association was the bid yielding the lowest net interest cost.
After considering the report and the various bids a motion,was made
by Director Hastings, seconded by Director McGuire and unanimously
carried that Resolution No. 69 be adopted and set forth in full in
the minutes:
219
RESOLUTION NO. 69
Resolution of the Board of Directors
District Awarding $230,000.00 Bonds
Bidder and Rejecting all other bids.
of Yorba Linda County Water
of said District to the Best
Whereas, at the time and place fixed for the opening of bids
for the $230,00.00 bonds of Yorba Linda County WaterDistrict
designated, "Waterworks Bonds, Election 1959, Series B" and
numbered 1 to 230, inclusive, all bids were publicly opened,
examined and read, and a tabulation thereof has been entered in
the minutes: and
Whereas, the bid of the bidder hereinafter names is the best
bid made by a responsible bidder for said bonds;
NOW THEREFORE, the Board of Directors of Yorba Linda County
Water District does hereby Resolve, Determine and Order as follows:
Section 1. That the bid of Bank of America National Trust and
Savings Association and Associates offering par and a premium of
$29.00, and accrued interest to date of delivery for said bonds
to bear interest payable annually the first year and semiannually
thereafter at the rates of-,
Rates Years.
4.00% 1966-1976
3.75% 1977-1985
4.00% 1986-1995
is the bid for said bonds yielding the lowest net interest cost.
Said bid is hereby accepted and the bonds awarded to said best
bidder in accordance with the terms of the proposal.
Section 2. That all bids other than the one accepted in
Section 1 hereof are rejected and the Secretary of the District is
directed to return the check accompanying said rejected bids to the
respective bidders.
Section 3. That the interest rate (s) on said bonds is (are) hereby 1i
fixed at the rate (s) stated in Section 1 hereof.
Section 4. The Auditor of the District is hereby directed and
to deliver said bonds to the successful bidder upon payment therefor
and accrued interest to date of delivery, if any.
ADOPTED, SIGNED AND APPROVED THIS 14th day of November, 1962.
Merwin Wa ner
President of the Board o
Directors of Yorba Linda County
Water District
ATTEST:
Vaido Y. Smith
Secretary o the Board o Directors
Yorba Linda County Water District
(SEAL)
STATE OF CALIFORNIA ) ss
COUNT' OF ORANGE )
I, Valdo Y. Smith, Secretary of the Board of Directors
220
of Yorba Linda County Water
the foregoing resolution was
Directors of said District at
on the 14th day of November,
by the following vote:
AYES: Directors Merwin
District does hereby certify that
duly adopted by the Board of
a regular meeting of said Board held
1962, and`that it was so adopted
NOES: Directors
ABSENT: Directors None
Valdo Y. Smith
Secretary of Yorba Linda County Water
District and of the Board of Directors
Thereof.
(SEAL)
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
I, Valdo Y. Smith, Secretary of the Board of Directors of.Yorba
Linda County Water District do hereby certify that the above and
foregoing is a full, true and correct copy of Resolution No. 69 of
said Board, and that the same has not been amended or repealed.
DATED: November 21, 1962
Valdo Y. Smith
Secretary o Yorba Linda County
Water District and of the Board
of Directors thereof.
(SEAL)
Job # 210 - a request 66r water service on Buena Vista was presented
and approved as presented on a motion made by Director Clodt,
seconded by Director Hastings and duly carried.
Job 206 - A request for water service onOSmund Lane-was presented
by Valdo Y. Smith. A motion was mA made by Directr McGuire seconded
by Director Milmoe and carried that the xagn request be granted
subject to the proper front footage charges plus the sum of $187.50
to pay one half the cost of a fire hydrant, said fire hydrant to
be installed at a future ft date when other property developments
were made in the area to provide the remaining one half of the cost.
Mr. dueker reported that no progress had been made in negotiating
sewer easements on Beck Lane and that the property owners had
informed him that if the District wanted the easement they would
have to condemn. A motion was made by Director Milmoe, seconded
by Director Hastings and unanimously carried that Resolution Noy 70
be adopted: "Authorizing and Directing the Condemnation of Certain
Real Properties in the County of Orange, State of California and
declaring the Public Necessity Therefor".
Mr. Dueker reported receipt of a letter from Mr. Koch of the
Orange County Road Department protesting the custom of the
District in crossing out the paragraph in the Application to
Excavate permit agreeing to relocate the lines on their demand
221
at our expense. A motion was made by Director Milmoe, seconded
by Director Clodt and unanimously carried that Mr. Koch be
informed by letter that we would file the application permits
signed as requested, but with the clear understanding that we
are not now, nor in the future, agreeing to any abrogation of our
rights to lay and maintain pipe lines under our blanket easement
as outlined in the Original Grant Deed to the Tract;
The following items were presented by the Engineering Department
and action taken as follows:
1. To sign a repayment agreement with D. N. Schneider and
Associates for Job S-131 , was approved on a motion made by
Director Hastings, seconded by Director McGuire and carried.
2. Authorization to make final payment for engineering on
Job 5-34 in the amount of $4700.00. On a motion made by Director
Milmoe, seconded by Director Hastings and duly carried.
3. Authorization to refund to Van Druff Builders Inc., (Job 5-16)
the sum of $892.38. On a motion made by Director Hastings seconded
by Director Milmoe, and carried.
4. Authorization to pay Cedric White the sum of $100.00, for
preliminary appraisal services in connection with Job 5-31 on a
motion made by Director Hastings, seconded by Director Clo dt and
carried.
The audit committee reported that bills in the amount of $38,569.78
had been ad audited and approved. A motion was made by Director
Clodt, seconded by Director Hastings and carried that the audited
bills be paid.
There being no further business the meeting was adjourned to
November 28, 1962 at the hour of 8:30 A.M. on a motion made
by Director McGuire seconded by Director Hastin,~{s and carried.
Valdo Smith