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HomeMy WebLinkAbout82-100RESOLUTION NO. 82-100 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA AUTHORIZING EXECUTION OF AN AGREEMENT TO PURCHASE THE WATER SYSTEM IN SANTA ANA OWNED BY THE SOUTHERN CALIFORNIA WATER COMPANY EJC:ar 6/22/82 WHEREAS, by Resolution No. 82-47, the City Council of the City of Santa Ana authorized officers of the city to negotiate an agreement with Southern California Water Com- pany to acquire portions of its water system within the boundary of the City of Santa Ana ("the System"); and WHEREAS, the City of Santa Ana has caused an appraisal to be made of the System, as required by Section 7267.1(b) of the California Government Code; and WHEREAS, the City Council of the City of Santa Ana desires to offer to acquire the System for an amount not less than the fair market value of the System; and WHEREAS, Southern California Water Company has tentatively agreed to sell the System to the City of Santa Ana for the sum of $2,000,000.00, subject to approval by the Public Utilities Commission. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Santa Ana, that the Mayor and Clerk of the Council be and are hereby authorized to execute that certain "Water System Acquisition Agreement" in substantially the same form as form dated June 28, 1982 , a copy of which is on file in the office of the Clerk of the Council. ADOPTED this 6th day of July , 1982. ATTEST: ~LERK OF THE COUNCIL COUNCILMEMBERS: Bricken Aye Luxembourger Aye Acosta Aye Serrato Aye Griset Markel Aye McGuigan Aye APPROVED AS TO FORM: WARD ,COOER) CITY ATTORNEY