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HomeMy WebLinkAboutres1987-0211 2 3 4 5 6 7 8 9 10 11 12 13. 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 INTRODUCED BY: WARNER PROPOSED BY: County Executive DATE INTRODUCED: May 21, 1987 RESOLUTION NO. 87 -21 A RESOLUTION AUTHORIZING THE COUNTY EXECUTIVE TO ENTER INTO AN AGREEMENT WITH BRITISH COLUMBIA TELEPHONE COMPANY TO RELOCATE LINES AND FACILITIES LOCATED WITHIN COUNTY RIGHT -OF -WAY ON GULF ROAD WHEREAS, for the protection of health, safety and public property, the County has deemed it necessary that certain infrastructure improvements be constructed within Gulf Road between Tyee Drive and Marine Drive, a County -owned improved right -of -way at Point Roberts, Washington; and WHEREAS, the County has deemed it necessary that said work commence this year; and WHEREAS, it is the responsibility of British Columbia Telephone Company (B.C.T.) to relocate its lines and facilities within the right -of -way; and WHEREAS, B.C.T. is prohibited by the Canadian Government from using funds generated in British Columbia to accomplish this work and earnings generated from operations in Point Roberts are insufficient to relocate the lines and facilities; and WHEREAS, the Director of Public Works has recommended to.the County Executive that the necessary funds be advanced in the form of a loan to B.C.T.; and WHEREAS, it is required that the legislative body approve all loans by ordinance or resolution. NOW, THEREFORE, BE IT RESOLVED that the County Council hereby authori- zes the County Executive to enter into an agreement with B.C.T. with the following terms: Pursuant to and in consideration for the agreement of B.C.T. to remove and replace its lines and facilities, the County does hereby agree to loan B.C.T. the sum of $27,620 in Canadian funds due no later than the end of the month following signing of this agreement by both parties. The parties recognize the right of the County to enforce its right to require removal and replacement of the lines and facilities of its franchise holders at their own expense. The County agrees to refrain from immediately enforcing its right. In consideration of the agreement of the County to refrain from immediately enforcing this right, B.C.T., its assigns and successors, agree to repay the loan amount and interest accrued at the rate of ten percent (.10X) in semi - annual installments of $3,576.92 over the period of five years and further agree to the imposition of a lien of record upon its lines and facilities to secure the full amount of the loan, plus interest. In addition to the security provided by the lien, the County reserves every right and remedy under the law to recover the principal plus accrued interest, costs, damages, and attorney's fees. RESOLIJTION - 1. Date drafted: 5/13/87 1 2 3 4 5 6 7 8 9 10 11 12 13. 14 15 16 17 18 19 20 21 22 23. 24 25 26 27 28 29 30 31 32 PASSED this 21st ATTEST: 6L,,w,, Carol E ergson Clerk of the Council APPROVED AS TO /FORM: Civil Deputy 7rosecuting Attorney RESOLUTION - 2. Date drafted: 5/13/87 day of May 1987. WHATCOM COUNTY COUNCIL WHATCOM COUNTY WASHIN TON M BURTON Chairperson