HomeMy WebLinkAbout1956-10-24; Municipal Water District; Minutesmms OF THE REGULAR ADSOmD MEETING OF THE BOARD OF DIRECTORS OF THE CARISBAD
VAlU), CARLSBAD, CALIFORNIA
Chairman &y called the meeting to order,
mCIPAL WATER DISTRICT HELD AT 7t33 P.M.y OCTOPER 24.9 1956, AT 2W PI0 PIC0 BOWEL
Present: Directors: WALD, FRY, my, ROGERS, zAHI3iIl
Absent: None Also present were Engineers Clayton & Short, Attorney h. Dennis, ad ~SSSC'S k.&bs an &ken of the BladeTribune. I Correspondence:
1. S. D. County Water Authority:
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a, - Appli-&tion forms forrequ-esting stored water, On motion of Director Rogers
seconded w Director Wld, it was agreed to ask for 3,000 acre feet of water, Direct Rogers reported that Oceanside is now taking water out of storage because they have us more than their entftlement, b, Financial statements as of 6-33-56,
2, Irrigation Districts Association: a. Memorandum to members. b, Notice of postponement of October meeting. 3, BCMWD - proposal for trip to Oroville Dam. On motion of Director Rogers, seconde
by Director Kelly it was unanimously agreed that the expenses of any Board member desi
ing to make the trip be paid. The Secretary was instructed to notifg the BCMWD of tho
intending to go including representatives from the Mutual, City and Terramar, 4, County of Sari Diego -- taxes colleded, &gust, 1956 - $107,82. 5, Security Trust 6~ Savings Bank - re securing of fbnds: Director Rogers mved that securities selected should be approved by O'Nelveny & Myers. The motion was seconded
Director &lly and carried unanimously. The Secretary was instructed to notifs the ba
to prepare the necessary forms for entering fnto a joint depository agreement with the
Trust Department of the C~litbrnia Bank where@ they would hold our bonds subject to a order, 6, First National Bank, Chicago - soliciting appointment as paying agent in Chicago, The Secretcry was instructed to acknowledge the letter and notiQ the First National that they will be given consideration at the appropriate time, 7, Schwakcher & Co. - brockure proposal, $6,950, excluding cost of printing.
Fiaance The treasurer reported that the fimce committee had met and recommend inviting proposals fk.om various ffnancial consultants on the handling a a brochure and sale of the bonds, If any of the bids seems reasonable, it whould then be aven consideration. Director E&d moved acceptance of the finance committee's re comenda.t;ians. ",e motion, seconded w Director Rogers, carried unanfmously. 'phe Secretary was instructed to ask also whether any of the financial consultants would be prepwed to guarantee the ?&e of intered they might procure for the District.
Director E+rJald asked the attorney if tfiere is any advantage in hiring a consultant wit
offices in the East. The attorney said he thought not,
Ern The BCMWD dontract had been re-drafted and was presented and read by th Contract Attorney. Oll motion of =rector Rogers, seconded by Dfrector Zahler, 1
was agreed to authorize the execution of the agreement by the President and Secretaq with the changes as read, The motion carried.
%=a It was reported by the Attorney that San kcog is not yet ready to tra water to Belford Village and until certain arrangements are made, them is no point in drawing a contra&.
hnds Director Rogers reported that Mr. Came of the %cnzrlty Bank had inforn him that a Resollntion would be necessary for the borrowing of rurrds alr authorized, bsolution #31 was then prepared by the Attorney authorizing the Presiden
and Treasurer or Secretary to borrow the sum of $IO,OOO at the rate of ,!$ interest per I amm for not more than one yew, %e Resolution was appmd by roll call vote as fc
AYES: EN., FRY, KELLY, ROciE;Rs, ZAHLEZ NOES: NONE
Pipeline - fEhg5neer Short reprted that his firm has been investigatfng the possl
we might hook on to the Western teminus of the hn Marcos line, However, their info tbn revealed that it is doubtf'til that there would be sufficient capacity fn that m& which is only an 18" line with a capacity of about 11 second feet. He also recomutende that a reservoir site be investigated md on mtion of Dlrector Rogers, seconded @ Director -Id, was authorized to investigate my existing filing on a site,
42&?*,&& 6% ,.- ty that we might not have to bELd a line all the way to the aqueduct E
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Ffmcs The engineer stated that there would be no additional charge for this
Thf s was deemed to be agreeable. informtlon other than for transportation costs which might be involved,
wants An inporplal discussion re a connection for the Eaxtual for flre-hydrants followed with no conclusion being dram^.
The attorney advised that 8 document file should be in~atuted with all domnts *OBI this date forward to be filed by ntnnbr. "his was ordered by the &&ir.
The meeting was declared adjourned at 9t45 P.M.
ATTEST: CARISBAD MUNICIPAL WATER~~ISTRICT
.'2/L.c, L 4) E-,q
BcretaTtT of the Board of DJrectors CARtSBAb MUNICIPAL WATER DISTRICT
(SEAL)
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