1960-6070RESOLUTION NO. 6070.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ANAFEIM APPROVING AN AGREEMENT TO BE MADE
AND ENTERED INTO TO :WITH THE COUNTY OF ORANGE
FOR THE PURCHASE OF CERTAIN 'RO °E RTIES OF
ORANGE COUNTY Y 1 ATERWORKS DISTRICT NO. 3;
AND AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID AGREEMENT FOR AND ON BEHALF OF
THE CITY OF ANAHEIit.
Finance
WHEREAS, Orange County Waterwori�.s District No. 3
is a Waterworl -,s District organized pursuant to tie County
Waterworks District Law of the State of California (Division
16, Water Code); and
TilR .AS, the City of Garden. Grove and the City of
Anaheim are general law cities situated in the County of Orange,
State of California.; and
WHEREAS, more than three fourths of tte territory
comprising Orange. County Waterwors District No. 3 is situated
within the corporate limits of the City of Garden Grove and
the City of Anaheim and the remaining Portion is situated
partly in the City of Stanton, City of Santa Ana and the
unincorporated territory of the County of Orange; and
WHEREAS, proceed incs have been instituted pu.rsu.ant to
the Trovisions of Chapter 1, Part Division 16 of the Water
Code for the dissolution of said District.; and
WHEREAS, a separate aoree /cent is being entered into
this date between the County and the City of Garden Grove,
for the lease of certain nortionsof the Waterworks System and
transfer of certain nroperties of Orange County !Naterwork s
District No. 3 to the City of Garden Grove; and
WHEREAS, it is the desire of the interested parties
that, upon the effective date of the order dissolving said
District, all of the Waterwor1 s System and facilities of the
District be leased to the City of Garden Grove and sold to the
City of Anaheim as a part of the Municipal Waterworks Systems
of the City of Garden. Grove and the City of Anaheim for the
benefit of the lands now comprising said Orange County Water
works District. No. 3; and
WHEREAS, Orange County Waterworks Di. st.r ict No. 3,
pursuant to a special election held on February 2, 195h, incurred
a bonded indebtedness of $905,000.00 by the issuance and sale of
905 bonds of said District in the denomination of $1,00C each,
said bonds being payable on June 1 of each year commencing
June 1, 1959, to and including June 1, 1979, at the rate of
$35,000 per year commencing June 1, 1955, to and including
June 1, 1973, and 1,340,000 per year ccnirnenc ing June 1, i97),
to and including Jule 1, 1979, with interest payable semi
annua l ly on December 1 and June 1 of each year the bonds have
to run; V
1
THCIFFCE, 7 E IT RESOLVED by the City Council
of the City of Anaheim that the City of Anaheim enter into
an aoreement with the County of Orange for the purchase of
certain properties of Orange County 'aJaterwor: -s District
No. 3, hereinafter more particularly described, upon the
following terms and conditions:
A. Sale of Facilities
1. The County of Crange: shall agree to sell
and the City of Anaheim shall agree to accept and
purchase from the County, the Waterworks System; of
said District wino within the City limits of the
City of Anaheim, with the e„_cent ion of t lle 1 ine of
said District in ijinth Giro t runn ing from Katei la
Avenue tc Orangewood.
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2. The sale shall be effective on the date
of the order of the Board of Supervisors of the County
ordering the dissolution of 'd'Jater1Alorl<s District No. 3.
i. As consideration for this sale, the City of
Anaheim shall covenant and agree to pay to the County
the sum of :52,277.12 within thirty (30) days after
the effective date of the dissolution of said District.
The sum of 1 is equivalent to 1. /70ths of the
total arourt.of the bond and interest: payments on tbe
outstanding bonds of said District which shall become
due after July 1, 1960.
The County shall covenant and agree to
deposit said payment in said District's bond interest
and Reder�p t, ion Fun and use same to discharge said bonds.
T he City of a e shall re
5. t o._ x�n h %n� a s e to pay
al/ costs necessary to sever that portion of VI,- systeri
lying within tbe City limits of the City of Anaheim r.
from the remainder of said District. City
0. Transfer of Personal Property and Funds
1. Upon the effective order of the aoa.rd of
Supervisors ordering the dissolution of said District,
the County shall agrc to transfer and convey to the
Cities of Garden Trove and Anaheim all of its right,
title and interest in and to all of the tangible per-
sonal property of said District and all funds standing
to the credit of said District in the General Fund of
the District. The transfer shall be so as to establish
an equitable distribution. of assets between the City
of Garden Grove and the City of Anaheim. For such
purpose, the City of Anaheim shall he entitled to
4/70ths of the assets and the City of Garden Grove to
tb.v remaining 66% 70tbs. However, in computing these
assets, the City of Garden. Grove shall receive all
the tanoThle personal property of said District.
Iv determinino the value of the assets
of said llistrict, the Statement of Assets, Liabilities
and Surplus as prepared by the County Auditor-Controller
as of June 30, 1959, shall be used with certain modifi-
cations. Accordingly, for tbe purposes of distribution,
the physical assets shall he valued as follows:
Physical Assets, includinu the
Distribution System
With an Addition of
Adjusted Total
Distribution. System
Loss
Adjusted Total
$1,2,196.76
26,300.00
The entire adjusted physical assets, tooether with
the amount standing to the credit of the District in the
General Funds of said District, shall be computed by tde.
County Auditor-Controller. The ratio of V7Otbs shall be
used to arrive at the City of Anaheimts proportionate share
of the total assets of said District.. Then the ratio of
V7Ot13 s shall be apcl ied to the adjusted value of the
distribution system which is :;31,052,852., said V70ths
beino the amount of $60,131.56. Said !60,161.@6 shall be
subtracted from the V70ths of the adjusted total assets,
including the amount in the General and of the District.
The County Auditor-Controller shall then transfer to the
credit of the City of Anaheim from the General Fund of said
District such difference. The remaining monies in tho
General Fund of the District shall transferred to the
City of Garden Grove.
3. It is understood that the City of Garden r
has ac:Teed to pay all cutstandinc! liabilities, other than
bonded indebtedness of said District upon the dissolution
of the District, and that in consideration for such 4croe-
ment. tbe City or Garden Grove shall he entitled to all
accounts receivable of the District upor the effective
date of the dissolution of said District.
That the County Auditor-Coatroller shall be
authorized and directed to transfer to the City of Anaheim
those monies in the Consumers Deposit Fund of the District
stand Inc to the credit of those consumers .rho are In the
City of Anaheim, and shall transfer to the City of Garden.
Grav all other monies in the Consumers Deposit Fund of
the District standing to the credit of the consumers
outside of the City of Anaheim. The City of Anaheim shall
c.venant and agree that it will use all personal property
and funds transferred by virtue of said Aoreement for th(=
benefit of the lands cornpr is lcd the District and for no
other purpose or purposes.
BE IT FURTHER RFSCIVED tbat the l'ayor and City
Clerk be and they arc hereby authorized to execute said
agreement for and on behalf of the City of Anaheim.
T1-U, FOREaMNG RESnLITTION is approved and signed
by me this 7th day of June, 1960.
ATT2ST:
(SEAL)
Y CLFJ.K F TtIF. CITY Or AT4A
STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF ANAEFIV
g
.A2SENT: COUNCILMEFi: Fry.
I Fi
II WITNESS WHEREOF, .1 have hereunto set my hand
and affixed the seal of the City of Anaheim this 7th. day of
June,
I, DENE H. WILLIAMS, City Cleri of the City of
Anaheim, do hereby certify that the foreooing resolution. was
passed and adopted at a regular meeting of the City Council
held on the 7th day of June, 1960, by the following vote
of the members thereof:
AYES: COUNCILMEN: Chandler, Coons, Thompson
and Schutte.
NOES: CnUNOILEN: None.
AND I FURTHER CERTIFY that the Mayor of the City of
Anaheim approved and sioned said resolution on the 7th day
of June, 1960.
CITY CF MLIi