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HomeMy Public PortalAbout92-158 (10-06-92)RESOLUTION NO. 92-158 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE EXECUTION OF A LEASE AGREEMENT WITH THE COUNTY WATER COMPANY, INC. FOR 450 ACRE-FEET OF PUMPING LEASE RIGHTS FOR WATER YEAR 1992-1993 {p1^ WHEREAS, the City of Lynwood is dependent upon the ttt Metropolitan Water District for more expensive imported water; and WHEREAS, the purchase of 450 acre-feet of pumping lease rights form the County Water Company, Inc. for $120/acre foot would reduce the MWD dependence by 450 acre feet; and WHEREAS, the City will realize a savings of $33,300.00 through the purchase of the pumping lease rights for water year 1992-1993. NOW, THEREFORE, the City Council of the City of Lynwood does hereby find, proclaim, and resolve as follows: SECTION 1. The City Council authorize the Director of Public Works to lease 450 acre feet of pumping lease rights for water year 1992-1993 at $120.00/acre foot. SECTION 2. This resolution shall take effect immediately upon its adoption. PASSED, APPROVED AND ADOPTED THIS 6th day of October 1992. LO IS INE, Mayor ity o Lynwood ATTEST: ~.~ (T ' ANDREA L. HOOPER, City Clerk City of Lynwood FORM: APPROVED AS TO CONTENT: ~~- ~;. ty Attorney EMI IO M. MUR A, Director of P blic Works STATE OF CALIFORNIA ) ~• COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 6th day of October 1992, AYES: BYRD, REA, RICHARAS~ WELLS, BEINE NOES: NONE ABSENT: [Qq~ ~ ~ ~~~ City Clerk, City of Lynwood STATE OF CALIFORNIA ) §• COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 6th day of October 1992. AYES: Bar RFA~ RICHARDS, WELLS, F~lh NOES: NONE ABSENT: NONE City Clerk, City of Lynwood ~s~.zsa