HomeMy WebLinkAboutCC Min 1995-04-10
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4-3-95 I 4-10-95
bankruptcy court, such litigation likely to be short term as the
settlement agreement, if approved by the court, becomes a court
order.
Doane moved, second by Hastings, to approve the Settlement
Agreement as presented by the Orange County Investment Pool
Participants Committee of the Orange County Investment Pools
Bankruptcy.
AYES:
NOES:
Brown, Doane, Forsythe, Hastings, Laszlo
None Motion carried
Doane moved, second by Hastings, to authorize the election of
Option A, described in Section 7(a) of the Settlement Agreement.
AYES:
NOES:
Brown, Doane, Forsythe, Hastings, Laszlo
None Motion carried
ORAL COMMUNICATIONS
There were no Oral Communications.
COUNCIL REPORTS
Counci1member Hastings extended congratulations to Mrs. Mary
Johnson and Mr. Ace Yeam upon being selected as the 1994 Man and
Woman of the Year, and wished all a happy Passover and Easter.
ADJOURNMENT
It was the order of
adjourn the meeting
to be canceled.
the Chair, with consent of the Council, to
at 7:47 p.m., the April 10th regular meeting
the
Attest:
Seal Beach, California
April 10, 1995
The City Council regular meeting of Aprf1 10th, 1995 was
cancelled due to lack of quorum and pursu~nt to direction of the
City Council at their April 3rd meetinq. The April 10th meeting
was adjourned until Monday, April 24, 1996 at 6:30 p.m. to meet
in Closed Session if deemed necessary.