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