HomeMy Public PortalAbout19860507 - Minutes - Board of Directors (BOD) Meeting 86-11
MIDPENINSULA REGIONAL OPEN SPACE DISTRICT
OLD MILL OFFICE CENTER,BUILDING C,SUITE 135
201 SAN ANTONIO CIRCLE,MOUNTAIN VIEW,CALIFORNIA 94040
(415)949-5500
SPECIAL MEETING
BOARD OF DIRECTORS
MAY 7, 1986
MINUTES
I . ROLL CALL
President Edward Shelley called the meeting to order at
7 :45 P.M.
Members Present: Katherine Duffy, Daniel Wendin, Teena
Henshaw, Edward Shelley, Nonette Hanko, Harry Turner, and
Richard Bishop.
Personnel Present: Herbert Grench, Stanley Norton, and
Michael Foster.
II . CLOSED SESSION
Tne Boar d -con--ffucted performance evaluations for Herbert
Grench, Stanley Norton, and Michael Foster . in Closed Session,
III . ADJOURNMENT
The Board r0convened to adjourn the meeting at 11: 05 P.M.
Herbert A.Grench,General Manager Board of Directors:Katherine Duffy,Nonette G.Hanko,Teena Henshaw,Richard S.Bishop,Edward G.Shelley,Harry A.Turner,Daniel G.Wendin
Meeting 86-12 Page Six
K. Recission of Consent for Gill Industries to Sublease Communica-
tions Lease (Report R-86-28 of May 6 , 1986)
Motion : K. Duffy moved the adoption of Resolution 86-28 , a
Resolution of the Board of Directors of the Midpeninsula
Regional Open Space District Approving Mutual Rescission
of Consent to Sublease with Gill Industries , Inc. , a
Delaware Corporation (Monte Bello Open Space Preserve -
Black Mountain) . N. Hanko seconded the motion. The
motion passed 7 to 0 .
L. Discount Purchase of Bell Notes (Memorandum M-86-46 of May 6 , 1986)
C. Britton stated that the District had the opportunity to repur-
chase at discount the Bell notes that would represent a $40 ,014 . 20
savings to the District over the term of the notes . He pointed
out that the total expenditure figure of $141 ,375 used in the
recommendation in the staff report was in error and should be
$140 ,750 .
Motion: R. Bishop moved that the Board approve the repurchase of
the Bell notes at an average discount of 21 . 8% for a
total expenditure of $140 ,750 and authorize the General
Manager to take the necessary steps to complete the
transaction. T. Henshaw seconded the motion. The motion
passed 7 to 0 .
VII . SPECIAL ORDERS OF THE DAY
A) Introduction of Docent Trainees (Memorandum M-86-48 of May 5 , 1986)
J. Nicholas introduced to the Board the new volunteers who were
completing their training as District docents . She described the
training program which the current 13-member class is completing.
VIII . INFORMATIONAL REPORTS
H. Grench announced meeting times for the Budget Committee to be held
during the next two weeks . He reminded the Board that it was likely
the Regular Meeting scheduled for June 25 would be rescheduled to
June 18 .
D. Hansen said the annual tour of the Fremont older house and garden
was scheduled for May 18 .
IX. CLAIMS
Motion : R. Bishop moved that the Board approved Revised Claims 86-09 .
T. Henshaw seconded the motion. The motion passed 7 to 0 .
X. CLOSED SESSION
The Board recessed to Closed Session on land negotiation matters at
9 :50 P.M. S. Norton stated no litigation would be discussed during
the Closed Session.
XI. ADJOURNMENT
The Board reconvened to adjourn at 11 : 14 P.M.
Doris Smith
Secretary