HomeMy WebLinkAbout11-18-1963 - Special MeetingIndex
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CITY OF NEWPORT BEACH
Volume 17 - Page 127
'Minutes of SPECIAL MEETING OF THE CITY COUNCIL
Date of Meeting: November 18, 1963
Time of Meeting: 4:00 P. M.
Place of Meetine. Council Chambers
Roll Call:
Mayor 'Hart opened the Special Meeting and stated that it ha
been called for the purpose of considering.an agreement
between the Costa Mesa County Water District and the City
of Newport Beach regarding future service in -the Santa Ana
Heights Water Company area and related subjects. The
Mayor stated. that the Consent and Waiver to hold the specia
meeting had been signed by all the Councilmen except Coun•
cilman Marshall, who had wired her consent to the.holding
of. the meeting.
The City; Attorney read portions of and explained the pro-
posed contract. Attorney. Rodger Howell, 'representing the
Costa Mesa County Water District, spoke from the audience
Attorney. Howell took exception to a change in the proposed
contract. A discussion ensued. Councilman' Lorenz made
a motion to adopt Resolution No. 5886, authorizing the exe-
cution of a contract with,the Costa Mesa County Water'Dis-
trict. A further discussion was had. Councilman Lorenz
amended his motion to adopt Resolution No.. 5886 to incor-
porate an amendment. in the proposed contract on Line 28,
Page 12,, by adding the words "now or in the future" (so
that. the terminology would be "to exclude any area of: Dis-
trict. that, is now orin'the future within the boundaries
of .City"):.. A vote was taken on said motion and Resolu-
tion No. 5886, authorizing the execution of a contract as
amended with.,the Costa Mesa County Water District, was
adopted.
The following proposed letter over the signature of Mayor
Hart was authorized, to be addressed to each of the share-
holders of the Santa Ana Heights Water Company, if such
action is legally permissible:
"The .City of Newport Beach has offered to purchase
the assets of the Santa Ana Heights Water Company.
The only objective of the .City, is, to provide an adequate
and secure supply, of water to all residents within the
City at. the lowest possible cost.
"Upon approval of the contract. to purchase, all share-
holders of the company will have the use and the ad-
vantage of the.reservoir, pumping plants., transmission
.mains, and interconnecting distribution mains of the
City of Newport Beach or the -Costa Mesa: County Water
District, having a value of many millions of dollars,
none of these facilities are now available in the Santa
Ana Heights Water Company service area.
.TTEST:
Mayor
Page 127
COUNCILMEN
Present
Absent
Motion
Roll Call:
Ayes
Absent
Motion
Ayes
Absent
IN
CITY OF NEWPORT BEACH
Volume 17 - Page 128
Index November 18. 1963
COUNCILMEN
3 1
A �r zN
x
"The City Council of Newport Beach feels that the
decision .of the Board of Directors of the company, to
authorize:the contract was a sound and advantageous
decision and. in the best.interests of the shareholders:"
summ-
The City.Attorney gave a summary of the financial status .of
ary of
the proposed purchase, stating that the total expenditure by
fi_nan
, the City. for the purchase of the assets, of the Santa Ana
status
Heights Water 'Company was $350, 000, and by selling a
of
portion of said assets to the Costa Mesa County Water Dis-
of
of
trict for $187, 399, the City's expenditure would then
assets
amount to $16'2., 601 for the assets retained.
•
The meeting was adjourned at 5:30 P.M.
Motion
Ayes
x
x
x
Absent
x
•
�T
•
Mayor
ATTEST:
Ci y Clerk
Page 128
x