11/09/1971 - Minutes Tigard Water District
305th Regular Meeting
November 9, 1971
PRESENT:
Clarence F. Nicoli, Chairman
Roger W. Cowell, Treasurer
John M. Wied, Secretary
R. Verne Wheelwright, Commissioner
Lester L. Rawls, Commissioner
Robert E. Santee, Administrator
44_ John P. Miller, Foreman
Kenneth W. Baines, Attorney
Mary C. George, Clerk-Bookkeeper
The meeting was called to order at 7:35 by Chairman Nicoli.
MINUTES: The motion was made by Mr. Wheelwright, second by Mr. Wied to
approve the minutes of the last meeting, October 12, 1971 as written.
Motion carried.
VISITORS: Mr. & Mrs. Robert Fejte.
Mr. Cowell made the motion to sell the remaining portion of Lot 7, Hi-Tor
to Mr. Robert Fejte for $6,000 upon completion of construction of the new
reservoir. Second by Mr. Wheelwright. Motion carried.
It was moved by Mr. Wheelwright, second by Mr. Cowell, to place $10 earnest
money with Mr. John M. Burge toward the purchase of a 105' x 150' lot above
Reservoir #3 at 135th & Fern. Motion carried.
It was moved by Mr. Cowell to pass a resolution to pay Capitol Highway Water
District $1,500.24 for water unaccounted for due to an inoperative meter
this past summer, this amount being in full, with no further negotiations.
Second by Mr. Wheelwright. Motion carried.
A resolution to increase the cost of installation of 3/4" x 5/8" and 1"
N""` meters was tabled until the December meeting.
Mr. Cowell moved to approve annexation of eight parcels of land contained
in Annexation Resolution #200. Second by Mr. Wied. Motion carried.
Mr. Wied moved to pay vouchers as listed. Second by Mr. Wheelwright.
Motion carried.
Mr. Rawls made th motion to distribute the $450,000 now on deposit in Certi-
ficate of Deposit at the U.S. National Bank as follows: Place $20,000 in
2-year, 67. Certificates of Deposit with each of the five local Savings and
Loan institutions, interest to be sent to the district quarterly. The
balance to be invested in Repurchase Agreements at the discretion of the
Administrator, with Benjamin Franklin or any other Banking institution at
no less than 51x. These will be reviewed every 30 days in order to invest
at the highest rate of interest. Mr. Wheelwright second. Motion carried.
Mr. Wheelwright moved that Mr. Nicoli, Chairman, and Mr. Cowell, Treasurer,
be designated as signing parties on behalf of the District to execute
contract with U.S. Dept. of Interior for water from Scoggins Dam. Second
by Mr. Rawls. Motion carried.
Mr. Rawls moved that the Commissioners reject the invitation to share in a
lawsuit involving Price Fixing among numerous Cast Iron and Ductile Pipe
manufacturers. The time and energy involved to present the records request-
'441100 ed would not justify the return. Second by Mr. Wheelwright. Motion carried.
Mr. Wheelwright moved that the meeting be adjourned. Mr. Cowell second.
Motion carried. Meeting adjourned at 9:10 P.M.