HomeMy WebLinkAboutCC RES 80-1168
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RESOLUTION NO. 80-116
RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TUSTIN, CALIFORNIA, APPROVING THE
FORMATION, MEMBERS AND DIRECTORS OF THE
CITY OF TUSTIN WATER CORPORATIONS.
WHEREAS,. the CITY OF TUSTIN WATER CORPORATION (the
"Corporation") has been incorporated by a group of public-
spirited citizens for the specific and primary purpose of
providing finanCial assistance to the CITY OF TUSTIN (the
"City") by financing the acquisition and improvement of
property for the operation of a public water system, including
water reservoirs, water transmission pipelines, appurtenances
and appurtenant works and related facilities for the City;
and
WHEREAS, by its Articles of Incorporation and by its By-
Laws, no part of the net earnings, funds or assets of said
Corporation shall inure to the benefit of any member thereof
or any other person, firm or corporation, except the City;
and
WHEREAS, the City Council has need to acquire and improve
the said property as hereinabove mentioned;
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Tustin as follows:
1.
Ail of the recitals herein contained are true and
correct and this City Council so finds.
o
The Corporation and its formation are-hereby
approved and the members and directors, of the Corporation,
namely, Walter J. Fredriksen, William A. Moses, II, Martin J.
Regan, Lloyd W. Robbins, and Jerry Weil, are hereby approved.
II!
III
III
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PASSED, APPROVED AND ADOPTED at a regular meeting of the
City Council of the City of Tustin, California, this 3rd day of
November, 1980.
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day of November
1980 ·
ATTEST:
. .
MAYOR
JGR: se: D: 10/24/80
JGR: se: R: 10/27/80
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN )
~LARY E. ~fNN, ~ity Clerk and exlofficio Clerk of the City 'Council of the City
of Tustin, California, does hereby certify that the whole number of the
members of the City Council of the City of Tustin is five; that the above and
foregoing. Resolution No. 807.116 was duly and regularly'introduced, passed
and adopted at a regular meeting of the City Council held on the 3rd day of
November .... _.__, 1980 by 'the following vote-
AYES : COUNCILMEN- S;%LTARELLi'~' EDGAR~ HOESTEREY ~ SHARP ~ .KENNEDY
NOES : COUNCILMEN: NONE'
·
ABSE:.:T - COUNCILMEN- NONE
City of Tustin, California