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Resolution Number OCWD NO. 4 70-12-14-11 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 Resolution No. 70-12-14-1 RESOLUTION OF THE BOARD OF DIRECTORS OF ORANGE COUNTY WATERWORKS DISTRICT NO. 4 EXONERATING BOND OF MISSION HILLS RANCH, INC. WHEREAS, Mission Hills Ranch, Inc. had, pursuant to Agreement No. C 411 dated November 12, 1969, posted a bond in the sum of $6,000.00 to guarantee payment of the plans and specifications for the construction of a graded reservoir site and pipeline right of way to provide water services for Tract No. 6427; and WHEREAS, the aforesaid Agreement has been superceded by an agreement with Waterworks District No. 4, dated November 9, 1970. NOW THEREFORE, be it resolved that the bond secured by Mission Hills Ranch, Inc. to secure performance of Agreement No. C 411 be and is hereby exonerated. AYES: BATHGATE, CHERMAK, GAMMELL,THORPE and FORSTER NOES: NONE ABSENT: NONE STATE OF CALIFORNIA ) ss. COUNTY OF ORANGE ) I, Virginia Meadows, Clerk of the Board of Directors of Orange County Waterworks District No. 4, hereby certify that the above and foregoing Resolution was duly adopted by the said Board at a regular meeting thereof held on the 14th day of December, 1970, and passed by a majority vote of said Board. IN WITNESS WHEREOF, I have hereunto set my hand and seal, this 14th day of December, 1970. Z-'4.4 Virginia Meadows Clerk of the Board of Directors, Orange County Waterworks Dist. #4