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11/09/1976 - Packet ADMINISTRATOR' S REPORT 'o' 1. Resolution to approve minutes of last meeting, as written. 2. Visitors. 3. Resolution to accept the lowest approved bid for the sale of $1. 9 million general obligation bond issue. (Complete resolution will be prepared by Ken Baines) . 4. Resolution to accept the lowest approved bid for the purchase of a 1977 3/4-ton pick-up truck. 5. Resolution to annex 120 acres of land located south of S. W. 72nd Avenue and Upper Boones Ferry Road. This area which is all within the limits of the City *ow of Tigard is now served (about 30 connections) by the Lake Grove Water District. It is a highly valued area with an assessed valuation of $6, 680, 000 . Of this amount, 70% or $4, 661, 400, is assessed to U. S . Bancorp who owns Empire Industries, etc. 30% of the land is owned by U. S. Bancorp and 44% by Washington County (rock quarry) U. S. Bancorp would prefer that Tigard Water District serve their development, but they do not desire to sign such a petition for annexation because it may antagonize Lake Grove Water District. The City of Tigard has taken a strong position that they would prefer that Tigard Water District serve the area versus Lake Grove. A condition placed upon a recent appli- cant to build in the area was that the owner had to annex to the Tigard Water District. Inevitably, a decision will have to be made by the Boundary Review Commission as to whom will serve the area. I am convinced that it will be the Tigard Water District because the days of the existence of the Lake Grove Water District are numbered. The City of Lake Oswego continues to nibble away at Lake Grove 's boundaries (800 customers) . Actually, there is no need for Lake Grove to serve in Washington County or on the west side of the I-5 freeway. It would be preferable that a decision be made by the Boundary Review Commission at an early date when there are only a few customers in the area. Finally, in development of our long range source plans to the Willamette River we need a direct connection to the City of Tualatin. -1- ADMINISTRATOR'S REPORT (Continued) W" 6. Other Business. Resolution to pay vouchers. 7. Water pumped from wells, Calendar Year 1976 . Month Actual *Actual Allocation/Month 1976 Cubic Feet Acre-Feet Acre-Feet Jan 3, 131,250 71. 9 88 Feb 2 , 948 , 530 67. 7 88 Mar 3,212 , 670 73 , 7 88 Apr 3, 119 , 030 71 . 6 88 May 3,114 , 860 71. 5 88 Jun 3, 013 , 940 69 . 2 88 Jul 3,136, 340 72 . 0 88 Aug 3,166, 930 72 . 7 88 Sep 3, 043, 140 69 . 9 88 Oct 3, 094, 830 71. 0 88 (Total) (10 Mo. ) 30, 981, 520 711. 2 880 12-month projection: 853 . 4 1, 056 *1-acre-foot = 43, 560 cubic feet `""' Actually pumped in prior years: CY 1970: 1, 616 acre-feet CY 1973 : 1, 269 acre-feet CY 1971: 1, 418 acre-feet CY 1974 : 924 acre-feet CY 1972 : 1, 501 acre-feet CY 1975 : 930 acre-feet 8. Percentage of Bull Run water purchased for computing amount due for Systems Development Charge. Month & Year Well Lake Oswego Portland Total % Cu. Ft. Cu. Ft. Cu. Ft. Cu, Ft. Bull Run Oct 1976 3, 094, 830 4 ,778 , 000 -0- 7,872 , 830 0% Amount consumed last year: 2% 9 . Unmetered water. Pumped Purchased Total Sold Loss Month & Cu. Ft. Cu. Ft. Cu. Ft. Cu. Ft. Cu. Ft. Loss Year x 1000 x 1000 x 1000 x 1000 x 1000 % Oct 1976 3 , 095 *4 ,778 (L.O. ) 7 , 873 8 ,334 (461) (--5. 91 Cumulative Total: FY 1976-7 (4 months) 12,441 **26,874 39 ,315 39 ,099 216 0 . 61 *60. 7% of water consumed during October 1976 was purchased from Lake Oswego. ** 68 . 4% of water consumed during FY 1976-77 (4 months) was purchased from either Lake Oswego or Portland. Summary of Past Years : Lake Oswego Portland Water Losses FY 1972-73 -- -- 18 . 3% FY 1973-74 52% -- 11. 1% FY 1974-75 59% 1% 16. 2% FY 1975-76 59% 2% 7. 4% -2- ADMINISTRATOR' S REPORT (Continued) 440, 10. Work accomplished during October 1976 a. Dale Construction Company installed 2 , 255 feet of 8" D.I. , 100 feet of 6" D.I . , and 960 feet of 4" D.I . + 6 fire hydrants for SUMMERFIELD, Platt 8 , Phase IV, for Tualatin Development Company, Inc. (102 single fam- ily dwellings) (Developer's) . b. Richard L. Martin, Inc. , commenced construction of 10-MG reservoir. Estimated date of completion; June 1977. (Bond Construction) . c. TWD installed 920 feet of 12" D. I . + 1 fire hydrant along S. W. Sattler Road, 95th to Alderbrook Drive, to complete circulation loop. d. TWD installed 200 feet of 6" D.I . pipe to com- plete circulation loop at terminus of S. W. Pathfinder Way to Fonner Street for PATHFINDER II (Sam Gotter) for construction of 5 single family dwellings. (Developer's) . e. TWD installed 410 feet of 8" D.I . and 60 feet of 6" D. I. + 3 fire hydrants for new Payless Drug Store to be located at S. W. Main Street and Scoffins Street. ' (Developer' s) . f. TWD installed 1, 080 feet of 12" D. I . and 400 feet of 6" D. I. pipe + 2 fire hydrants along S. W. Fern Street, west of 135th Avenue, to replace 4" O.D. steel pipe and parallel for pressure system. g. TWD installed 51 meters (4871 - 4821) . District also serves 41 meters in Metzger Water District. Total: 4912. 11. Work to be accomplished during remainder of Fiscal Year 1976-77. November 1976 : a. TWD install 102 copper services for SUMMERFIELD, Platt 8. b. Dale Construction Company install 1300 feet of 6" D. I. + 3 fire hydrants along S. W. Brentwood Place for SUMMERFIELD, Phase IV, for Tualatin Development Company, Inc . (49 townhouses) (Developer's) . Copper services will be installed by TWD. -3- ADMINISTRATOR'S REPORT (Continued) c. Cornell Construction Company install 1, 000 feet of 8" D.I. and 300 feet of 6" D.I . pipe + 2 fire hydrants along S. W. 113th Place, south of Tigard Street, for a development called "MUTTLEY ADDITION" consisting of 26 single family dwellings for Mr. Herbert Morrissette. (Developer's) . TWD will install copper services . d. Dale Construction Company install 710 feet of 6" D. I. pipe + 3 fire hydrants along S. W. King Arthur Court, near Beef Bend Road, for a multiple unit development of 62 units (7 buildings) called "KING CITY TERRACE #2" for Tualatin Development Company, Inc. (Developer' s) . e. TWD install 550 feet of 12" D.I . pipe + 1 fire hydrant along S. W. 135th Avenue, Fern Street to #3 reservoir, to provide adequate pressure south of Fern Street. (+ 500 feet of 6" D.I . + 1 fire hydrant on Fern St. ) f. Private contractor install 540 feet of 8" D.I . pipe + 2 fire hydrants along S. W. Scholls Ferry Road, east of 121st Avenue, to serve multi-family complex of 6 buildings (53 units) . (Developer ' s) . (For Randall Construction Company) . '"'"'" December 1976: a. TWD install anti-surge and pressure-reducing valve with manifold in concrete vault at 132nd Street pump station. b. Private contractor install submersible deep well pump at #1 reservoir site. c. TWD install fire hydrants at following locations: (1) Easement (Penrose) and Mt. View Lane, (2) 72nd and Landmark Lane. (Georgia-Pacific) (3) 125th and Karen Street. (4) 115th and Fonner Street. (5) Tigard and Summercrest Street. w January 1977 : ,ft.► a. Maintain equipment and materiel. -4- ADMINIST'RATOR'S REPORT (Continued) 'err February 1977 : a. TWD install 1400 feet of 12" D.I . and 1300 feet of 6" D. I. pipe + 3 fire hydrants along S. W. 103rd Avenue, Inez to MacDonald Street, to replace 6" O.D. steel pipe and parallel for pressure system. March 1977 : a. TWD install 600 feet of 12" D.I . and 600 feet of 8" D.I. pipe along easement road from #2 reservoir to Gaarde Street to replace 6" O.D. steel pipe and parallel for pressure system. April and May 1977 : a. TWD install 400 feet of 12" D. I . pipe + 1 fire hydrant along S. W. 72nd Avenue to Kable Street. b. TWD install 2260 feet of 12" D.I . + 4 fire hydrants from S. W. 132nd and Walnut (pump station) to 135th and Fern Street to provide adequate pressure and eliminate the Fern Street pump station. June 1977 : a. Inventory and prepare for long, hot summer. 'br -5- WW .sem WW. asp +w 1s T A..-- `^'.- GENERAL FUND BUDGET REPORT ESTIMATE ESTIMATE + OVER 1975-76 1976-77 1975-76 OCTOBER 1976-77 1975-76 OCT. ACCUM. 1976-77 - UNDER ACCOUNT ACTUAL BUDGET ACTUAL BUDGET ACTUAL ACTUAL BUDGET ACTUAL BUDGET Beginning Working Capital 64,564 55,500 56,832 80,831 170,496 64,564 55,500 97,356 + 41,856 INCOME: 406 Meter Installations 142,573 188,300 5,028 7,000 28,600 37,671 53,000 74,750 + 21,750 407 Line Extension Rebate 2,089 3,000 -0- 250 -0- 2,089 1,000 -0- - 1,000 408 Miscellaneous Income 4,873 18,000 512 1,500 1,010 2,026 6,000 2,229 - 3,771 412 Interest Income 178 300 -0- -0- -0- -0- 100 369 + 269 418-419 Water Sales 538,606 630,000 44,616 51,300 50,230 223,367 256,800 228,546 - 28,254 425 Penalties for Non-Pay 375 600 25 50 50 75 200 160 - 40 427 Sale of Fixed Assets 16,072 600 -0- 50 -0- -0- 200 -0- - 200 430 Developer's - 10% Overhead 13,250 24,000 2,205 2,000 1,940 6,162 8,000 9,124 + 1,124 430-1 Developer's - 8% Engineering 9,611 18,000 1,763 1,500 358 4,788 6,000 6,105 + 105 430-2 Developer's - TWD Equipment 7,524 9,000 1,604 750 145 4,718 3,000 4,623 + 1,623 430-3 Developer's - Wage Reimbursement 13,127 15,000 2,920 1,250 268 8,792 5,000 7,731 _ + 2,731 TOTAL INCOME & WORKING CAPITAL 812,842 962,300 115,505 146,481 253,097 354,252 394,800 430,993 + 36,193 EXPENDITURES: Personal Services 500,1,2,3,4 Salaries 125,422 152,760 9,740 12,730 13,471 38,308 50,920 52,264 + 1,344 504-1 Overtime 5,455 6,840 340 570 866 2,338 2,280 2,108 - 172 505 Field Labor 22,770 29,400 2,821 2,400 1,929 11,841 9,800 8,864 - 936 506,1 Office Employees 16,423 19,800 1,370 1,650 1,650 5,463 6,600 6,600 -0- 170,070 208,800 14,271 17,350 17,916 57,950 69,600 69,836 + 236 EXPENDITURES: Materials & Services 507 Blue Cross of Oregon 2,603 3,000 237 250 318 673 1,000 1,104 + 104 507-1 Dental Plan 400 1,000 -0- 84 65 -0- 328 259 - 69 508 Retirement 6,328 8,000 (111) 2,571 (263) 8,778 4,571 4,357 - 214 509 Social Security 9,159 9,600 635 750 820 3,054 3,300 3,701 + 401 510 State Accident Insurance Fund 7,010 8,000 -0- -0- (1) 2,039 2,000 2,671 + 671 511 State Unemployment Comp. 7,813 6,000 1,039 1,500 618 1,039 3,000 618 - 2,382 512 Advertising & Elections 751 600 -0- 200 -0- -0- 200 -0- - 200 514 Equipment Rentals 359 600 146 50 350 228 200 420 + 220 515 General Insurance 13,519 15,000 -0- 1,500 -0- 1,182 5,000 1,179 - 3,821 516 Miscellaneous Expenses 2,000 1,500 59 125 432 494 500 800 + 300 517 Dues & Subscriptions 602 600 25 50 -0- 286 250 73 - 177 518,1,2 Office Supplies & Expenses 8,587 7,200 732 600 522 2,607 2,400 2,252 - 148 519,1,2 Professional Fees 18,953 12,000 500 1,000 897 5,789 8,000 7,495 - 505 520 Meter Maintenance 1,642 4,200 90 400 172 662 1,400 1,069 - 331 ( GENERAL FUND BUDGET REPORT (Cont.) ESTIMATE ESTIMATE + OVER 1975-76 1976-77 1975-76 OCTOBER 1976-77 1975-76 OCT. ACCUM. 1976-77 - UNDER ACCOUNT ACTUAL BUDGET ACTUAL BUDGET ACTUAL ACTUAL BUDGET ACTUAL BUDGET 521,1,2,3 Repaire - Lines, Pumps, etc. 7,233 4,800 1,949 400 258 3,404 1,600 1,216 - 384 522,1,2,3 Utilities 6,140 6,400 396 600 527 1,602 2,200 2,116 - 84 523 Fire Hydrant Maintenance 1,176 1,200 17 -0- 70 261 600 1,115 + 515 524 Truck & Equip. Maintenance 6,848 6,000 1,293 500 741 2,535 2,000 2,449 + 449 524-1 Gasoline & Oil 5,426 6,000 433 500 498 1,852 2,000 2,247 + 247 524-2 Tires & Batteries 1,058 900 -0- 150 370 46 300 370 + 70 525,1 Water Costs - Electrictiy 30,853 34,800 2,754 2,900 2,825 11,760 11,600 11,296 - 304 525-2 Water Costs - L.O. & Portland 87,817 168,500 6,001 12,300 6,893 39,302 75,100 41,396 - 33,704 526 Interest Expense 216 -0- -0- -0- -0- -0- -0- -0- -0- 527 Small Tools 512 1,200 20 100 356 1,241 400 508 + 108 529 Rain Gear, Safety Equip. , etc. 482 900 214 50 133 263 300 377 + 77 530 Employee Training 329 400 -0- -0- 36 -0- 100 144 + 44 227,816 308,400 16,429 26,580 16,637 89,077 128,349 89,232 - 39,117 EXPENDITURES: Capital Outlay 1 548 Fire Hydrants 3,653 3,600 -0- 500 -0- I -0- 600 93 - 507 549 Equipment 55,926 60,400 6,377 4,500 1,110 49,178 17,400 9,966 - 7,434 550 Buildings & Additions 27,874 1,000 11,958 -0- -0- 20,289 -0- -0- -0- 551 Meter Installations 28,907 46,800 1,771 3,900 3,751 13,444 15,600 14,982 - 618 552 Land & Improvements 750 1,800 -0- -0- -0- 211 1,800 6,007 + 4,207 553 Operating Contingencies -0- 1,000 -0- -0- -0- -0- -0- -0- -0- 554 Line Extensions 19,804 2,800 602 -0- -0- 15,766 -0- -0- -0- 555 Pipeline Replacements 109,886 1,000 17,030 -0- -0- 33,270 -0- -0- -0- 246,800 118,400 37,738 8,900 4,861 132,158 35,400 31,048 - 4,352 700 Transfer to Bond Sinking Fund 70,800 271,200 10,600 22,600 10,400 38,600 90,400 37,594 - 52,806 Net Fund Balance 97,356 55,500 36,467 71,051 203,283 36,467 71,051 203,283 + 132,232 TOTAL BUDGETED EXPENDITURES 812,842 962,300 115,505 146,481 253,097 , 354,252 394,800 430,993 + 36,193 Inventory Balance October 31, 1976 = $ 82,757.14 BOND SINKING FUND OCTOBER 103 Cash balance at first of month 46,725 109 Time deposits at first of month -0- INCOME: 400 Transfer-in from General Fund 10,400 412 Taxes: Current 337 413 Delinquent 176 414 Trailer House -0- 415A Land Sales -0- 418 Interest earned from Time CD -0- 419 Interest earned from Property Taxes -0- Time deposits deposited -0- 10,913 EXPENDITURES: 585 Bond Principal 36,000 586 Bond Interest 10,536 587 Bank Fees & Postage 187 Time deposits purchased -0- 46,723 TOTAL CASH BALANCE AT END OF MONTH 10,915 TOTAL TIME DEPOSITS AT END OF MONTH -0- TOTAL CASH AND TIME DEPOSITS AT END OF MONTH $10,915 TIGARD WATER DISTRICT OCTOBER 31, 1976 WELL RECORDS: WELL HOURS STATIC PUMPING COSTS-ELECT. "o"' NO. OFF LEVEL LEVEL CUBIC FEET PUMPS, ETC. HOURS 1 941,230 $ 402,24 745 2 1,042,100 614.38 745 3 404,370 271.75 745 4 707,130 488,74 745 All 7 pump stations & Alarm-Telemetry Phones 1,047.96 3,094,830 $ 2,825.07 METER RECORDS: Meters #4,821 through #4,871 = 51 meters sold. Now BILLING DETAIL: October $ 50,206.75 Delinquent 709.80 8,338,700 cubic feet of water billed. TIGARD WATER DISTRICT October 1, through 31, 1976 SCHEDULE OF DISBURSEMENTS GENERAL FUND CHECK# PAYEE AMOUNT ACCOUNT 17863 M.B. Hinds Automatic Sprinkler Sys. 709.76 230-D 17864 City of Lake Oswego 8,002.54 201 17865 Bureau of Water Works 204.00 201 17866 S. 0. Western 30.30 201 17867 Tigard-Sherwood Truck Lines 8.26 201 17868 Cornell Manufacturing Co. 375.49 150, 201 17869 Alaska Steel Company 19.50 201 17870 Leonard Bernhardt Landscaping 2,389.80 201 17871 Case Power & Equipment 22.44 201 17872 Doug's Auto Parts 108.13 201 17873 Southwest Office Supply, Inc. 19.36 201 17874 Miller Paint Co. , Inc. 39.06 201 17875 Consolidated Supply Co. 541.47 201 17876 Oregon Culvert Co. , Inc. 373.66 201 17877 Shannon and Co. 44.23 201 17878 Meter Box Equipment Co. 588.87 201 17879 Tualatin Valley Fire Equipment, Inc. 70.63 201 17880 Badger Meter, Inc. 1,940.40 201 17881 Watt Welding Supply 12.50 201 17882 S. 0. - Western 394.02 150, 201 17883 Cantel, Incorporated 64.40 201 17884 Homelite 5.55 201 17885 Familian Northwest, Inc. 517.68 201 17886 Frahler Electric Co. 70.31 201 17887 Waterworks Supplies Co. 3,808.21 150, 201 17888 Cessco, Inc. 111.20 201 17889 Everett L. Wiggins 617.00 201 `l"" 17890 U. S. Pipe & Foundry Co. 7,843.28 201 17891 Utility Vault Company 1,279.00 201 17892 Mobil Oil Corp. 758.63 150, 201 17893 Utilities Supply Co. 328.09 201 17894 Winters Steel 416.00 201 17895 L. H. Cobb Crushed Rock 7,189.20 201 17896 Hinds Supply Co. 10,478.98 (123) , 201 17897 Tigard Lumber & Building Supply Co. 145.95 201 17898 Sanderson Safety Supply Co. 164.36 201, 529 17899 Pacific Stationery 180.41 201 17900 Tigard Station Paid Men 40.00 201 17901 King City Branch - First National Bank 10.65 201 17902 King City Branch - U. S. National Bank 2.75 201 17903 Secretarial Answering Service 25.00 518 17904 General Telephone Company of the NW 421.34 522, 525-1 17905 C. G. Peterson - Consulting Engineer 267.00 125 17906 City of Tigard 15.00 522-3 17907 Goodyear Truck Tire Center 166.73 524-2 17908 Brewed Hot Coffee, Inc. 10.10 529 17909 Cascade Microfilm Systems, Inc. 4.00 518 17910 Portland Bureau of Water Works 1,897.83 551 17911 Culde Investment Co. 742.90 240, (430) 17912 Petty Cash 33.57 516, 518, 518-1, 521-2 17913 American Brush Co. 39.57 529 /549 17914 Department of Planning, Wash. County 1,406.83 125 iftrow 17915 U. S. Postal Service 300.00 518-1 17916 I B M 747.00 549 17917 Robert E. Santee 671.77 500 17918 Nancy L. Larson 312.89 506 17919 Janice E. Roderick '` 217.38 506-1 17920 John P. Miller 594.62 502 17921 Russell A. Thomas 431.49 501, 504-1 17922 William C. Bryant 422.86 504 17923 John C. Dixon 488.47 501-1, 504-1 17924 Harold H. Kuehn 262.00 503-2 TIGARD WATER DISTRICT October 1, through 31, 1976 SCHEDULE OF DISBURSEMENTS GENERAL FUND (Cont.) CHECK# PAYEE AMOUNT ACCOUNT 17925 Gregory M. Stroeder 378.18 503-1, 504-1 17926 Robert M. Adams 300.52 503-1 17927 Michael G. McDermott 295.56 501-2 17928 Donnie R. Foster 469.01 503, 504-1 17929 Rnady J. Volk 434.57 503-1, 504-1 17930 Mickey L. Wilson 332.65 504-1, 505 17931 Guy Williams 314.31 504-1, 505 17932 Robert M. Adams 36.00 530 17933 TWD - Bond Sinking Fund 10,400.00 700 17934 F & F Dozing 23,521.70 125 17935 Robert E. Santee 722.83 500 17936 Nancy L. Larson 311.91 506 17937 Janice E. Roderick 285.69 506-1 17938 John P. Miller 584.43 502 17939 Russell A. Thomas 416.27 501, 504-1 17940 William C. Bryant 466.44 504, 504-1 17941 John C. Dixon 464.58 501-1, 504-1 17942 Harold H. Kuehn 178.14 503-2 17943 Gregory M. Stroeder 299.98 503-1 17944 Robert M. Adams 311.33 503-1, 504-1 17945 Michael G. McDermott 295.64 501-2 17946 Donnie R. Foster 346.39 503 17947 Randy J. Volk 310.08 503-1 17948 Mickey L. Wilson 266.27 505 17949 Guy Williams 253.04 505 17950 Ervin A. Soot 300.76 505 17951 Social Security 1,639.24 211, 509 4'4" 17952 U. S. N. B. - Federal Deposit 2,844.70 212 17953 Department of Revenue - State of Oregon 1,015.00 213 17954 Blue Cross of Oregon 629.20 215, 507 17955 Washington County Federal Credit Union 758.00 216 17956 Banker's Life Nebraska - Dental 125.73 217, 507-1 17957 Banker's Life Nebraska - Life 39.74 217 17958 Family Cancer Plan Insurance Co. 36.20 218 17959 Northwest Natural Gas Co. 11.66 522-1 17960 Portland General Electric Co. 2,796.83 522-2, 525 17961 Rentex Corp. 97.79 522-3 17962 Pitney Bowes 76.40 518 17963 Leonard Bernhardt Landscaping 700.00 125 17964 I B M 13.69 518-2 17965 Ben Larson 50.00 125 17966 Oswego Asphalt Pavers 750.00 150 17967 Portland General Electric Co. 241.73 516 17968 A & A Drilling Service 130.00 514 17969 Stevens, Thompson & Runyan, Inc. 897.37 519-2 $114,553.98 'ear TIGARD WATER DISTRICT October 1, through 31, 1976 SCHEDULE OF DISBURSEMENTS OTHER FUNDS CHECK# PAYEE AMOUNT ACCOUNT "o'' BOND SINKING FUND 219 First National Bank of Oregon 14,914.50 585, 586, 587 220 U. S. National Bank of Oregon 31,808.75 585, 586, 587 $46,723.25 TWD - GENERAL FUND - FNB 163 TWD - General Fund - USNB $ 276.00 107 '+ww Tigard Water District 10-76 Regular Meeting October 12, 1976 PRESENT: Clarence F. Nicoli, Chairman Gene H. Chamberlin, Treasurer Don W. Thomas R. Verne Wheelwright Robert E, Santee, Administrator John P. Miller, Foreman Kenneth W. Baines, Attorney VISITORS: Nancy Varecamp, The Oregonian The meeting was called to order by Chairman Nicoli at 7 : 35 p.m. Motion was made and seconded to approve the minutes of the last meeting, as written. Motion carried unanimously. Motion was made and seconded to approve the minutes of the special meeting held on September 28 , 1976, as written. Motion carried unanimously. `ter Motion was made and seconded to pay the vouchers. Motion carried unanimously. Motion was made by Verne Wheelwright and seconded by Don Thomas to execute the contract with Richard L. Martin, Inc. , to construct the 10-MG reservoir. Motion carried unanimously. Motion was made by Verne Wheelwright and seconded by Don Thomas to approve the audit contract with Coopers & Lybrand for the fiscal year ending June 30, 1977 , Motion carried unanimously. Motion was made by Verne Wheelwright and seconded by Don Thomas to authorize the Administrator to request a federal grant of $500, 000 to construct a 24-inch main from the intersection of S. W. Tiedeman and Green- burg Road to S. W. 121st and Gaarde Street. Motion carried unanimously. Motion was made by Verne Wheelwright and seconded by Don Thomas to amend the minutes of September 14, 1976 pertaining to that portion of the resolution on the $1. 9 million bond issue, that the approving legal opinion be changed from the law firm of Rankin, Ragen{ Roberts, Samson & Gallagher to Rankin, Samson & Galla- gher. Motion carried unanimously. Ken Baines was Atiow directed to amend the Notice soliciting bids for the bonds be changed to reflect this modification. adjourn Motion was made to/at 8 : 35 p.m. Motion carried unani- mously. VIII II AGREEMENT 'err %r THIS AGREEMENT, made and entered into this 12th day of October, 1976, by and between Richard L. Martin, Inc. , 220 Foothills Drive, Lake Oswego, Oregon 97034 hereinafter called the "Contractor" and TIGARD WATER DIS- TRICT, 8841 S . W. Commercial Street, Tigard, Oregon 97223 hereinafter called the "Owner" . WITNESSETH THAT: WHEREAS, pursuant to the invitation of the Owner, the Contractor did submit to the Owner a proposal contain- ing an offer which was invited; and WHEREAS, the Owner has heretofore determined that said offer was the lowest and best submitted: NOW, THEREFORE, IT IS AGREED: First: That the Contractor shall comply in every way with the requirements of those certain plans and specifica- tions entitled: 10-MG Bull Mountain Reservoir glow (PrestressedConcrete) Second: That in consideration of faithful compliance %me with the terms and conditions of this agreement the Owner shall pay to the Contractor at the times and in the manner provided in said specifications the total sum of Nine Hun- dred Seventy Nine Thousand, Eight Hundred Fifty Dollars and No/100 . ($979 , 850) Third: That the Contractor shall perform all work in accordance with the plans and specifications within 365 days after the effective date of "Notice to Proceed" , subject to the penalties for non-compliance as outlined in the specifi- cations. Fourth: That the Contractor shall show evidence to the Owner of carrying Liability and Property Damage Insurance coverage as referred to on Page GC-24 and Page GC-25 of the General Conditions Section of the Standard Technical Speci- fications attached hereto. Agreement - Page 1 CONTRACT FOR AUDIT OF OREGON MUNICIPAL CORPORATION THIS CONTRACT, made thisl2th day of October 1976, in accordance with the requirements of Oregon Revised Statutes 297 . 610 through 297. 740 between Coopers & Lybrand by wow James L. Savage, a partner (C&L) , Portland, Oregon, and the Tigard Water District, provides as follows: www 1. It hereby is agreed that C&L shall conduct an audit of the accounts and fiscal affairs of Tigard Water District for the period beginning July 1 , 1976 , and ending June 30 , 1977 , in accordance with the Minimum Standards for Audits of Municipal Corporations as prescribed by law. The audit shall be under- / taken in order to express an opinion upon the financial state- ments of Tigard Water District, and to determine if the Tigard Water District has complied substantially with appropriate legal provisions. 2 . C&L agrees that the services they have contracted to perform under this contract shall be rendered by James L. Savage or under his personal supervision and that the work will be faithfully performed with care and diligence. 3 . It is understood and agreed that, should unusual con- ditions arise or be encountered during the course of the audit whereby the services of C&L are necessary beyond the extent of the work contemplated, written notification of such unusual conditions shall be delivered to the Tigard Water District, who shall instruct in writing C&L concerning such additional services. 4410 4 . The audit shall be started as soon after this contract is executed as is agreeable to the Parties hereto and shall be completed and a written report thereon delivered within a reasonable time after the close of the audit period covered by this contract. Adequate copies of such report shall be delivered to the Tigard Water District and its form and content shall be in accordance with and not less than that required by the Minimum Standards for Audits of Oregon Municipal Corporations. 5. It is understood and agreed that the Tigard Water District is responsible for such financial statements as may be necessary to fully disclose and fairly present the results of operations for the period under audit and the financial condition at the end of that period. '6. In consideration of the faithful performance of the conditions, covenants, and undertakings herein set forth, the Tigard Water District hereby agreed to pay C&L the sum of $4 ,500, plus out of pocket expenses, and the Tigard Water District hereby affirms that proper provision for the payment of such fee has been or will be duly made and that funds for the payment thereof are or will be made legally available. COOPERS & LYBRAND TIGARD WATER DISTRICT By , BY James L. Savage, Partner / /C, 141 ' coli , Chairman `40 ' lfGlil�L�/i/.Gs�✓ Gene Chamberlin, Treasurer