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HomeMy WebLinkAboutDenton County MUD1 Summary of Board Actioons 4-1975 th 12-1976DENTON COUNTY MUNICIPAL UTILITY DISTRICT NO. 1 SUMMARY OF BOARD ACTIONS FROM APRIL 24, 1975, THROUGH DECEMBER 21, 1976 APRIL 24, 1975 1. Approved Bonds and Oaths of Office of Directors; 2. Elected officers of District; 3. Adopted official seal of District; 4. Adopted Resolution establishing offices and regular meet- ing place of Board of Directors of District; 5. Adopted Resolution authorizing agreement with Town of Westlake regarding issuance of bonds, sewage plant oper- ator, and other matters; 6. Approved agreement between District and Rauscher Pierce Securities Corporation to employ Rauscher Pierce as finan- cial advisors for the District; 7. Approved agreement between District and McGown, Godfrey, Decker, McMackin, Shipman & McClane to employ said law firm as general counsel for the District; 8. Approved agreement between District and Vinson, Elkins, Searls, Connally & Smith to employ said law firm as attor- neys for the District in matters relating to its organiza- tion and the issuance and sale of bonds; 9. Ratified all previous actions taken by Johnson-Loggins, Inc., on behalf of District; 10. Adopted Resolution authorizing Johnson-Loggins, Inc., to continue with construction of water, sewer, and drainage facilities to serve Sections 1 and 2 of Trophy Club Estates; 11. Freese & Nichols, Inc., of Fort Worth, Texas, employed as engineers for the District, subject to receipt and execution of written contract; 12. Adopted Resolution authorizing Johnson-Loggins, Inc., to accept bids and award a contract for the construction of outfall and effluent lines to serve areas within the District; 13. Endorsed Town of Westlake's request for approval by the Highway Department of the intersection of Highway 114 with Trophy Club Drive, subject to the receipt of an agreement from developer to indemnify District from any and all liability and expenses incurred in connection with endorsement; and 14. Agreed to investigate District's insurance needs and obtain necessary coverage. AUGUST 7, 1975 1. Retracted previous endorsement of Town of Westlake's request for Highway Department's approval on the pro- posed intersection of Highway 114 with Trophy Club Drive; 2. Approved contract to employ Kenneth Byrd as tax assessor/ collector for the District; 3. Adopted Order authorizing developer to receive bids on and to proceed with construction of Water Plant No. 1 and a mixing line; and 4. Authorized an update of the market study to be submitted to the Texas Water Rights Commission in connection with the District's application for approval of project and funds. SEPTEMBER 19, 1975 1. Approved written contract between the District and Freese & Nichols, Inc.; 2. Approved engineer's report regarding bonds to be issued by the District; 3. Adopted Order Calling Confirmation and Director Election and Bond and Special Tax Election; and 4. Ratified actions of Johnson-Loggins, Inc., in installing signs at principal entrances to the District and author- ized reimbursement when funds are available. OCTOBER 29, 1975 1. Adopted Order canvassing the returns and declaring the results of the confirmation and director election and bond and special tax election; 2. Authorized execution of letter to owners of lots within the District regarding stand-by charges; 3. Authorized execution of letter to Johnson-Loggins, Inc., on behalf of District regarding information for submission to various regulatory agencies pursuant to the Interstate Land Sales Act; 4. Authorized execution of letter agreement between the Dis- trict and Johnson-Loggins, Inc., concerning the purchase by the District of water, sewer, and drainage facilities; 5. Adopted Resolution authorizing application to Texas Water Rights Commission for approval of District's project and issuance of bonds; 6. Adopted Resolution approving developer's award of contract for construction of Water Plant No. 1 to OnyxConstruction Company, Inc.; -2- OCTOBER 29, 1975 (Continued) 7. Authorized developer to advertise for bids on Section 4 water, sewer, and drainage facilities and on sewer line 4-0 to serve Section 3; 8. Adopted Order establishing rates for water and sewer service; 9. Adopted Rules and Regulations to govern the making of sewer connections within the District; 10. Adopted Resolution establishing The Fort Worth National Bank of Fort Worth, Texas, as the District's depository and providing for investment and reinvestment of funds; and 11. Approved filing of Information Form and Map with the Texas Water Rights Commission and in the Deed Records of Denton County, Texas. DECEMBER 12, 1975 1. Directed W. A. Hudson, II, to obtain quotations for directors' and officers' liability insurance; 2. Authorized Johnson-Loggins, Inc., to enter into contracts with low bidders for construction of sewer line to Sec- tion 3 of Trophy Club Estates and for construction of water and sewer lines in proposed Section 4 of Trophy Club Estates; 3. Authorized agreement between District and Johnson-Loggins, Inc., for District to purchase facilities in Trophy Club Sections 3 and 4 when approved by Texas Water Rights Com- mission and when District has sufficient funds from sale of bonds to do so; 4. Authorized preparation of contract proposals and taking of bids for water, sewer, and drainage facilities for Trophy Club Section 3; 5. Approved addition to the application to Texas Water Rights Commission to include water and sewer services for Trophy Club Section 3 and proposed Section 4, which addition will not change the initial bond amount; and 6. District attorneys authorized to submit all election pro- ceedings to the United States Justice Department for con- sideration and approval. JANUARY 15, 1976 1. Approved contract employing Willis Brown as bookkeeper for the District; 2. Adopted Order calling the directors election for April 3, 1976; 3. Appointed Board of Equalization to serve during 1976; 4. Adopted Resolution authorizing the issuance of bonds by the District; 5. Adopted Order covenanting establishment of tax rate for 1976; 6. Adopted Order establishing minimum habitable slab elevation; 7. Authorized execution of General Certificate for the Texas Attorney General and all persons interested in District bonds; and 8. Authorized District's financial advisors and general counsel to prepare notice of sale and official statement to be circulated in connection with the sale of the Dis- trict's bonds. MARCH 15, 1976 1. Approved written Official Statement to be distributed in connection with the issuance and sale of District bonds; 2. Authorized financial consultant to advertise the sale of District bonds, subject to approval of general counsel; 3. Adopted Order amending previously established rates for water and sewer service in regard to the golf course; 4. Authorized execution of contracts to employ an operator for the District, subject to approval of general counsel; 5. Adopted Resolution authorizing the developer to award a contract for construction of utilities to serve Trophy Club Section 3; 6. Authbrized developer to advertise for bids on construction of utilities within Section 5 and Oak Hill Garden Homes; 7. Approved Utility Purchase Agreement between District and Johnson-Loggins, Inc., regarding the water plant and water main; 8. In reliance upon opinion of bond counsel, the Board deferred making application to the Public Utilities Commission of Texas for certificate of public convenience and public neces- sity pending an opinion of the Texas Attorney General; 9. Accepted as information from bond attorney that the Dis- trict has received clearance from the U. S. Department of Justice regarding the submission made by the District under the Voting Rights Act; and 10. Executed signature cards to open three accounts for the District (at First National Bank of Fort Worth). -4- MARCH 29, 1976 1. Declared this meeting an "emergency" meeting and, there- fore, not subject to posting notice requirement; 2. Adopted Resolution requesting the Town of Westlake to amend its Ordinance No. 88 and amending the District's agreement with the Town of Westlake; and 3. Adopted Resolution authorizing the District to apply to the Texas Water Rights Commission for approval of the sale of bonds at a net effective rate not to exceed 9.25%. APRIL 28, 1976 1. Declared this meeting an "emergency" meeting and, there- fore, not subject to posting notice requirement; 2. Adopted Resolution awarding sale and authorizing delivery of bonds and amending previously adopted Resolution to authorize the issuance of bonds; 3. Adopted Order canvassing returns of directors election; 4. Approved Oath of Office of Director Charles R. Lewis; 5. Approved and executed contract employing Willis Brown to bill and collect the District's utility fees; and 6. Approved and executed Utility Purchase Agreement between the District and Johnson-Loggins, Inc., covering water main to Trophy Club Sections 1, 2, and 4. JUNE 9, 1976 1. Adopted Resolution authorizing Johnson-Loggins, Inc., to award a contract for construction of water, sanitary sewer, and drainage facilities to serve Oak Hill Garden Homes to G. G. Young Construction Co. and agreeing to reimburse Johnson-Loggins, Inc., when funds are avail- able to the District; 2. Adopted Resolution authorizing Johnson-Loggins, Inc., to award a contract for construction of water, sanitary sewer, and drainage facilities to serve Trophy Club Sec- tion 5 to Regional Utilities Co., Inc., and agreeing to reimburse Johnson-Loggins, Inc., and assume the con- tract when funds are available to the District; 3. Adopted Resolution authorizing the developer to execute a change order with Regional Utilities Co., Inc., for an extension of its contract to provide for an inter- ceptor sewer line to tie the sewage treatment plant into Trophy Club Section 3; 4. Approved and executed a Utility Conveyance Agreement between the District and Johnson-Loggins, Inc., covering the conveyance of facilities to be purchased from the pro- ceeds of sale of bonds; 5. Approved and executed a Utility Conveyance Agreement between the District and Johnson-Loggins, Inc., covering the conveyance of Water Plant No. 1 and the water main; -5- JUNE 9, 1976 (Continued) 6. Accepted assignment to the District of the contract between Johnson-Loggins, Inc., and R. R. Brewer, the individual responsible for the maintenance and opera- tion of the District's waterworks and sanitary sewer system; 7. Authorized amendment to operator's contract to provide for monthly payments to the operator for services rendered; 8. Established regular meeting time for Board of Directors; and 9. Paid current bills. JULY 20, 1976 1. Adopted Resolution approving Amendment to Easement Contract between the District and the Secretary of the Army for an additional right-of-way on government property; 2. Ratified actions taken by Mr. Pipes in authorizing Willis Brown to make or direct investments from the various ac- counts of the District; 3. Paid current bills; and 4. Ratified payment of certain other bills by Mr. Brown since the last meeting. AUGUST 23, 1976 1. Approved assessment rolls for the District for 1976, as previously approved by the Board of Equalization; 2. Approved the Certificate of Assessed Valuations submitted by Mr. Byrd as Tax Assessor and Collector; 3. Approved tax rate of $.95 per $100 assessed valuation for 1976; 4. Instructed Mr. Robert West, as general counsel, to complete and return a questionnaire from the Texas Attorney General's office relating to a federal antitrust suit; 5. Paid current bills; and 6. Ratified payment of certain other bills by Mr. Brown since the last meeting. SEPTEMBER 17, 1976 1. Adopted Resolution ratifying and approving each action taken by the Board at its August 23, 1976, meeting; 2. Instructed Mr. West to advise Reace Brewer, the operator for the District, to correct problems found during recent inspection of District facilities by the Texas Water Quality Board; and 3. Paid current bills. -6- OCTOBER 19, 1976 1. Adopted Order amending the previously adopted water and sewer service rate structure; 2. Approved request that the Trophy Club Estates development and golf course not be charged for any water used by it from the District prior to September 1, 1976; 3. Adopted banking resolution authorizing opening and main- tenance of a tax fund checking account at the First National Bank of Fort Worth; and 4. Paid current bills. NOVEMBER 23, 1976 1. Agreed to delay action on the selection of an auditor for the District; and 2. Paid current bills. DECEMBER 21, 1976 1. Adopted Resolution authorizing execution of a letter to the developers confirming the District's intent to pro- vide, own, operate, and maintain water, sewer, and drainage facilities to serve Trophy Club Sections 6 and 7; 2. Adopted Resolution authorizing the developers to adver- tise for and receive bids on the construction of water, sewer, and drainage facilities for Trophy Club Sec- tions 6 and 7; 3. Paid current bills; and 4. Instructed Mr. West and Mr. Brown to furnish a sales tax exemption certificate to Texas Power & Light Company and to seek credit for the sales tax charged against and paid by the District.