HomeMy WebLinkAbout1972-05-11 - Resolution No. 2180 0
RESOLUTION NO.
RESOLUTION OF THE BOARD OF DIRECTORS
OF YORBA LINDA COUNTY WATER DISTRICT,
ORANGE COUNTY, CALIFORNIA, FINDING
THAT THE DISTRICT SECURITIES INVESTI-
GATION LAW OF 1965 DOES NOT REQUIRE
APPROVAL BY THE CALIFORNIA DISTRICTS
SECURITIES DIVISION OF NEGOTIABLE
PROMISSORY NOTES OF SAID DISTRICT
DESIGNATED "NOTES 1972"
e.
WHEREAS, the District Securities Investigation Law
of 1965 (Government Code, Sections 58750-58761) is applicable
to Note issues of the Yorba Linda County Water District; and
WHEREAS, this Board of Directors has heretofore
adopted its Resolution No. 216 providing for the issuance and
sale of negotiable promissory notes in the total principal
amount of $750,000, said notes being designated "Notes 1972";
NOW, THEREFORE, the Board of Directors of Yorba
Linda County Water District DOES HEREBY FIND, RESOLVE, DETERMINE
AND ORDER as follows:
Section 1. That the issuance of said negotiable
promissory notes designed "Notes 1972" is not subject to prior
investigation, report and approval by the California Districts
Securities Division for the reason that there are five hundred
(500) or more voters residing within the District.
Section 2. Said findings are hereby made on the
basis of a certificate of the General Manager of said District
attached hereto and incorporated herein and designated
Exhibit "A".
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Section 3. That the Secretary of this Board is
hereby authorized and directed to file a certified copy of
this resolution with the California Districts Securities
Division at least 14 days prior to the proposed date of the
issuance of said notes.
ADOPTED, SIGNED AND APPROVED this 11th day of
May, 1972.
(SEAL)
ATTEST:
Presi cT/,,nt--Of Yor a in a County
Water District and of the Board
of Directors thereof.
Ali, / Li2~:~✓-~ C~ir.~
Secr ary of Yorba Linda County
Watdi- District and of the Board
of Directors thereof.
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r
STATE OF CALIFORNIA )
ss.
COUNTY OF ORANGE )
go
I, JEAN E. MATHEWS, Secretary of the Board of Directors
of the Yorba Linda County Water District, do hereby certify that
the foregoing resolution was duly adopted by the Board of
Directors of said District at a regular meeting thereof held on
the 11th day of May,1972, and that it was so adopted by the
following vote:
AYES: DIRECTORS /Mc 6v ,e G ~ o s Zu4GNe vt
/~NAUfT
NOES: DIRECTORS I/ ,04 N
ABSENT: DIRECTORS /V D n/ C'
Secr ary of the Yorba Linda
Coun y Water District and of
the Board of Directors thereof
(SEAL)
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STATE OF CALIFORNIA )
) ss. CERTIFICATE OF GENERAL MANAGER
COUNTY OF ORANGE )
I, RALPH SHOOK, General Manager for the Yorba
Linda County Water District of Orange County, California,
do hereby certify as follows:
That at the last election held in the District,
on November 2, 1971, there were 7,935 registered voters
residing within the District.
I hereby certify under penalty of perjury that the
foregoing is true and correct.
DATED: May , 1972.
G Zer?al nager,'Yorba Linda
County Water District
EXHIBIT "A"