HomeMy WebLinkAbout1979-01-12; Municipal Water District; MinutesMINUTES OF AN ADJOURNED REGULAR MEETING OF THE BOARD OF DIRECTORS OF THE CARLSBAD MUNICIPAL WATER DISTRICT HELD ON JANUARY 12, 1979 AT 2:OO P.M., AT 5950 EL CAMINO REAL, CARLSBAD, CALIFORNIA:
The meeting was call ed to order at 2:05 p.m. by President MacLeod, with Directors
Bonas, Engelmann, Kelly , Maerkl e and MacLeod answering roll call. A1 so present were Legal Counsel Swirsky, District Engineer and Acting Manager Kubota, Mr. Dave Gurzinski of Mitchell, Thompson and Associates, and Office Secretary. Utilities and Maintenance Director Greer of the City of Carlsbad, Mrs. Ruth Honnold of the League of Women Voters, and Mrs. Barbara Ganley (2:30 p.m.), were also present.
Notice of Adjournment Legal Counsel Swirsky presented to the
official Minutes Register, a Notice of Adjournment Posting of the regular meeting of the Board of Directors of Carl sbad Municipal Water District of January 3, 1979 to January 12, 1979. He stated that the Notice was posted on the District bullet., board within twenty-four hours after the time of adjournment of the regular meetir of January 3, 1979.
District Employee Office Manager Wilda Simpson introduced Mrs. Karen Siegler Mrs. Karen Siegler to the Board and staff
employee and will be serving on the administrative office staff.
Committee Reports:
South Aqueduct Connection Engineer Kubota referred the Board to a report from the Capital Projects Committc which had been distributed in addition to an exhibit map and spread sheet pertaini to the South Aqueduct Connection. The Engineer reviewed for the Board that the estimated cost of the project has almost doubled since planning began four years e and explained that the a1 ternative of reduced participation by the District by eliminating our share of one reach of the pipeline project has been considered, ar he further explained the proposed restructuring of the project. The alternative involves the funding of our share of the enti re project from segment A to B and the District entering into an agreement with the San Marcos District for a pay-bac for our full share of segment B to C. Mr. Kubota stated that in order to fund thi project, a short-term borrowing program would have to be considered and he suggest
that a bond issue be considered in the future to convert District short-term notes long-term notes. Discussion followed concerning the feasbil ity of the various bon issues , i .e. , revenue bonds , general ob1 igation bonds and assessment bonds. Mr. Ku noted that our.Agreement states that the District will advance funds to the San Ma District for the South Aqueduct Connection as they acquire obligations. He also reviewed for the Board that the District sold the San Marcos District a pipeline i 1964 for $140,000; San Marcos has been repaying this amount on an annualTbasis wit balance remaining of $9'4,254.54.
After further discussion, upon motion of Director Maerkle, seconded by Director Ke it was moved that (I) the District proceed with the project; (2) agree to commi t t amount of $705,340 for the project, which includes the amount of $644,960 from seS A to B and the amount of $60,380 for oversizing at segment B to C; (3) authorize staff to proceed with negotiations for a short-term borrowing program of $500,000 (4) authorize the staff to proceed with negotiations with the San Marcos District a pay-back agreement for our full share of segment B to C. The motion carried by fol 1 owing vote :
Office Secretary for inclusion in the
Mrs. Siegler is the District's newest
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AYES : Di rectors : Engel mann , Kel ly , Maerkl e , MacLeod
I NOES: Di rectors : None
ABSENT : Di rectors : None
ABSTAINING: Di rectors: Bonas
President MacLeod called for a short recess at 3:13 p.m., and the meeting was resu at 3:31 p.m.
Legal Counsel : No report
Di strict Engi neer : The Engineer reminded the Board that San County Water District will hold their reg Board meeting on Monday, January 15, 1979 at 3:OO p.m. Board members were invited attend.
Tour of District Area and Tri -Agencies Pi pel i ne Mr. Kubota informed the Board that the tour following the meeting will not incl the Tri-Agencies Pipeline site due to weather conditions.
Operations : The Manager also informed the Board of a
Dr. Kramer's house. The operations crew will be repairing the leak this evening or in the morning.
third leak on our main 16" line east of
Bank Certificate of I Authorized Signatures
Adjournment
Legal Counsel advised that new Certifica
of Authorized Signatures have been prepa for signatures of the members of the Boa
The meeting was adjourned at 3:39 p.m.
Respectful ly submitted,
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"' @/"@/=; J <;/*y J-,&ypL+./, /, , ,/ ,/&,&. -%hSsi'dent of 'the Bo"ad of D'i rectors
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