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HomeMy WebLinkAboutCity Council - 4881 RESOLUTION NO . 4881 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH RELATING TO THE SAN JOAQUIN RESERVOIR SETTLEMENT WHEREAS , the City Council of the City of Huntington Beach has reviewed the documents involved in settling various dis- putes related to the San Joaquin Reservoir; and The City Council has satisfied itself that the proposed settlement is in the best interests of the City of Huntington Beach, NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby resolve, determine and order as follows: SECTION 1 . That the Mayor and City Clerk of the City of Huntington Beach are hereby authorized to: (a) Execute the Compromise Settlement and Mutual Release Agreement. (b) Execute the San Joaquin Reservoir Trust Agreement. SECTION 2. That the Finance Director of the City of Huntington Beach is authorized to furnish the City Attorney a check in the amount of One Hundred Eighty-five Thousand Three Hundred Thirty-two and 77/100ths Dollars ($185 ,332.77) , payable to the IRVINE RANCH WATER DISTRICT, representing the initial reservoir purchase payment . SECTION 3• That the Mayor and City Clerk of the City of Huntington Beach are authorized to: (a) Accept a deed from the Irvine Ranch Water District on behalf of the City of Huntington Beach and its City Council, evidencing an ownership interest of 13 .11 percent of the San Joaquin Reservoir. (b) Execute a deed on behalf of the City of Huntington Beach CM: ahb 6/10/80 1 . t ransferring its percentage ownership interest in the reservoir to the Metropolitan Water District of Southern California to be held in trust subject to the San Joaquin Reservoir Trust Agreement. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 16th day of June 1980. Mayor ATTEST: APPROVED AS TO FORM: %pity CIe k �, City ttorney REVIEWED AND APPROVED: INITIATED AND APPROVED L6�L 4-� 00, Ci y Administrator Director of Public Works 2. Res. No. 4881 STATE OF CALIFORNIA ) COUNTY OF ORANGE CITY OF HUNTINGTON BEACH ) I, ALICIA M. WENTWORTH, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of more than a majority of all the members of said City Council at a regular meeting thereof held on the 16th day of June , 19 80 , by the following vote: AYES: Councilmen: Pattinson, Finley, Bailey, Mandic, Kelly NOES: Councilmen: Thomas ABSENT: Councilmen: MacAllister r City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California