HomeMy WebLinkAboutResolution No. 73070 •
RESOLUTION NO. 7307
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF AZUSA, CALIFORNIA, RELATING TO
THE AZUSA AGRICULTURAL WATER COMPANY, A
CALIFORNIA CORPORATION.
THE CITY COUNCIL OF THE CITY OF AZUSA DOES RESOLVE AS FOLLOWS:
WHEREAS, the City of Azusa is the record and beneficial owner of 4,730
shares of stock in The Azusa Agricultural Water Company, a California Corporation,
(the "Company") constituting approximately 78.8 percent of the issued and out-
standing stock of the Company;
WHEREAS, the Mayor of the City of Azusa, Mr. Eugene F. Moses, is the
President and a member of the Board of Directors of the Company and the Director
of Public Works for the City of Azusa, Mr. Michael Wells, is a Director of the
Company;
WHEREAS, Mr. Moses on behalf of the City of Azusa and as President and
a Director of the Company caused Notice of a Special Meeting of the Shareholders
of the Company to be called and noticed for the 22nd day of July, 1983, for the
purpose of removing the existing Board of Directors and electing a new Board of
Directors:
WHEREAS, the Board of Directors of the Company has failed to acknowledge
that the Special Meeting of the Shareholders called and noticed for July 22,
1983, is duly called and noticed; but rather has called and noticed a Special
Meeting of the Shareholders of the Company for August 24, 1983, for the purpose
of removing the existing Board of Directors and electing a new Board of Directors;
WHEREAS, the Board of Directors of the Company has requested that nomina-
tions for the Board of Directors be submitted to the Company not later than
July 25, 1983, for the August 23, 1983, Special Meeting of the Shareholders;
WHEREAS, this Counsel believes it to be in the best interests of the City
of Azusa to remove the existing members of the Board of Directors of the Company
and to elect a new Board of Directors,
WHEREAS, this Counsel believes it to be in the best interests of the City
of Azusa to act on behalf of this City to vote the shares of stock of the Company
owned by the City at the Special Meetings of the Shareholders to be held July 22,
1983 and August 24, 1983, and at any and all ajournments thereof;
WHEREAS, this Counsel believes it to be in the best interests of this City
to nominate certain persons for election to the Board of Directors of the Company;
NOW, THEREFORE, BE IT RESOLVED, that Eugene Moses, Mayor and Chief Executive
Officer of this City, be and hereby is, granted the power and authority to vote all
shares of stock of the Company owned beneficially or of record by this City, at the
Special Meetings of the Shareholders called and noticed for July 22, 1983, and
August 24, 1983, and all adjournments thereof, in accordance with these resolutions,
and, if these resolutions do not specifically direct a particular action, then in
accordance with his sole discretion and judgement, in any and all matters that
may properly come before either Meeting of the Shareholders of the Company or any
adjournments thereof;
RESOLVED FURTHER, that Mayor Eugene Moses be and hereby is granted the power
and authority to appoint an attorney-in-fact to act in his name, place and stead
with respect to all power and authority granted to him by these resolutions with
respect to voting of the shares of stock of the Company owned by the City;
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RESOLVED FURTHER, that the shares of stock in the Company owned by the
City be voted at both Meetings of the Shareholders and any and all adjournments
thereof for the removal of the existing Board of Directors;
RESOLVED FURTHER, that EUGENE F. MOSES, LUCID D. CRUZ, MICHAEL W. WELLS,
ANTHONY POLI, and GAYLE AVAKIAN, be nominated for election to the Board of
Directors of the Company, and Mayor Eugene Moses, be and hereby is, authorized
and directed to cause notice of the nomination of the aforementioned persons
to stand for election to the Board of Directors of the Company to be delivered
to the Company on or before 5:00 p.m., July 25, 1983;
RESOLVED FURTHER, that Mayor Eugene Moses be, and hereby is, authorized
and directed to vote the shares of stock of the Company owned by this City for
the election of the above named individuals and to allocate such votes among
such nominees in the manner he deems, in his sole discretion and judgment, to
most effectively achieve the election of such persons, or as many of them as
reasonably practicable, to the Board of Directors of the Company;
RESOLVED FURTHER, that Mayor Eugene Moses be, and hereby is, authorized
to negotiate with the Shareholders of the Company the roster of nominees;
RESOLVED FURTHER, that because this City is a legal entity, capable of
owning shares but not capable of becoming a member of the Board of Directors
of the Company, it is intended that each such person shall stand and act in the
name, place and stead of this City in connection with qualifications to election
to the Board of Directors of the Company;
RESOLVED FURTHER, that Mayor Eugene Moses and Rutan & Tucker, a partnership
consisting of professional corporations, special counsel to the City, and
each officer of the City, be and hereby are authorized and directed to take any,
and all further acts as may be necessary or appropriate to carry out the purposes
and intent of these resolutions.
ADOPTED AND APPROVED this 18th day of July, 1983.
I hereby certify that the foregoing resolution was duly adopted by the
City Council of the City of Azusa, at a regular meeting thereof, held on the
18th day of July, 1983, by the following vote of the Council:
AYES: COUNCILMEMBERS: HART, LATTA, MOSES
NOES: COUNCILMEMBERS: DECKER, CRUZ
ABSENT: COUNCILMEMBERS: NONE
CITY CLERK
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RESOLUTION NO. 7306
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A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF AZUSA ADOPTING THE BUDGET AND
APPROVING APPROPRIATIONS FOR THE CITY OF
AUZSA FOR THE FISCAL YEAR COMMENCING
JULY 1, 1983 and ENDING JUNE 30, 1984.
THE CITY COUNCIL OF THE CITY OF AZUSA DOES
RESOLVE AS FOLLOWS:
SECTION 1. The budget for the City of Azusa for
the fiscal year commencing July 1, 1983, and ending June 30,
1984, as prepared and submitted by the City Administrator
and as modified by the City Council, is hereby approved
and adopted as the budget of the City of Azusa for said
fiscal year. A copy of said budget is hereby ordered filed
in the Office of the City Clerk and shall be certified by
the City Clerk as having been adopted by this resolution.
SECTION 2. From the effective date of said budget,
the several amounts stated therein as proposed expenditures
shall be and become appropriated to the several departments,
offices and agencies of the City for the respective objects
and purposes therein set forth, subject to expenditure
pursuant to the provisions of all applicable ordinances of
the City and statutes of the State.
SECTION 3. All appropriations in the 1982-83
budget of the City not expended or encumbered hereby expire
and terminate, except for those appropriations expressly
continued and carried forward into the budget for 1983-84.
SECTION 4. Amounts appropriated to any account
for any object or purpose may be transferred to a different
account for the same general purpose within the department
or activity upon recommendation of the department head and
the Finance Officer of the City and approval by the City
Administrator. Transfer of funds for one purpose to another
or from one department or activity to another shall require
an amendment of the budget by the City Council.
SECTION 5. The City Clerk shall certify to the
adoption of this resolution.
ADOPTED AND APPROVED this 18thday of July, 1983.
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I HEREBY CERTIFY that the foregoing resolution was
duly adopted by the City Council of the City of Azusa at a
regular meeting thereof, held on the 18thday of July, 1983,
by the following vote of the Council:
AYES: COUNCILMEMBERS: DECKER, HART, CRUZ, LATTA, MOSES
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS NONE
CITY CLERK
CITY OF AZUSA
BUDGET SUMMARY
1983-84
ENTERPRISE FUNDS
Water
1,249,415
EXPENDITURES
300,000
1,706,515
FUNDING
(245,485)
1,706,515
CURRENT
CAPITAL
235,500
1,000,000
CURRENT
FROM (TO)
167,645
FUND
OPERATIONS
OUTLAYS
TRANSFERS
TOTAL
REVENUE
TRANSFERS RESERVES
TOTAL
GENERAL CITY FUNDS
Total City
24,308,888
1,033,671
2,615,000
27,957,559
25,184,500 2,615,000
158,059
General
Proposition A Transp.
General Revenue Sharing
9,357,928
309,471
115,000
9,667,399
115,000
7,032,500
225,000
2,615,000 19,899
(1 0,000)
9,667,399
115,000
(2,615,000)
500,000
500,000
440,000
60,000
500,000
County Gas Tax
40,000
40,000
40,000
40,000
State Gas Tax
100,000
700,000
800,000
534,000
266,000
800,000
Coummunity Development
156,400
191,600
348,000
348,000
348,000
Total General City
9,514,328
641,071
1,315,000
11,470,399
8,619,500
2,615,000 235,899
11,470,399
ENTERPRISE FUNDS
Water
1,249,415
157,100
300,000
1,706,515
1,952,000
(245,485)
1,706,515
Light
13,545,145
235,500
1,000,000
14,780,645
14,613,000
167,645
14,780,645
Total Enterprise
14,794,560
392,600
1,300,000
16,487,160
16,565,000
(77,840)
16,487,160
Total City
24,308,888
1,033,671
2,615,000
27,957,559
25,184,500 2,615,000
158,059
27,957,559
Less: Inter -Fund
Transfers
(2,615,000)
(2,615,000)
25,342,559
25,342,559
6/29/83
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