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7RESOLVED, that that certain form of Agreement for Inspection Services between the City of E1 Segundo and ASL Con- sulting Engineers, presented to this Council on this date, be and the same is hereby approved, and after execution by each of the above -named parties, a copy of said agreement be placed on file in the office of the City Clerk; and BE IT FURTHER RESOLVED, that the Mayor of the City of E1 Segundo be and he is hereby authorized to execute said agreement for and on behalf of said City and the City Clerk to attest the same. Motion carried by the following vote: Ayes: Councilmen Balmer, Johnson, Siadek and Mayor Van Vranken Noes: Councilmen None Absent: Councilmen None Not Voting: Councilman Bue 2) Leasing of City's Water Rights Advised that bids for use of the City's 953 acre feet of water rights over a three year period had been received on June 2, 1980, which bids were as follows: _Water Year: October 1 - September 30 1979 -80 1980 -81 1981 -82 Shell Oil Company No Bid $40.00 $40.00 Mobil Oil Corporation No Bid $42.00 $44.00 City of Torrance No Bid $40.00 $45.00 Advised that a minimum bid of $36.00 per acre foot had been established but since no bids had been received for the balance of this water year, staff had made telephone calls to potential leasees. Stated the City of Inglewood indicated an interest in leasing at $20.00 per acre foot. Recommended approval of the City of Inglewood's offer; acceptance of the high bids; approval of agreements with Mobil Oil Corporation for 1980 -81; City of Torrance for 1981 -82; and the City of Inglewood for 1979 -80. Motion was made by Councilman Johnson, seconded by Councilman Siadek, that the Director of Public Works recommendations be approved, and the following resolution adopted: RESOLVED, that that certain form of letter agreement dated June 4, 1980 and Lease of Water Rights Agreement, dated July 1, 1980 between the City of E1 Segundo and Mobil Oil Corporation, presented to this Council on this date, be and the same is here- by approved, and after execution by each of the above -named parties, a copy of said letter and agreement be placed on file in the office of the City Clerk; and BE IT FURTHER RESOLVED, that the Mayor of the City of E1 Segundo be and he is hereby authorized to execute said agreement for and on behalf of said City and the City Clerk to attest the same. -7- Council Minutes July 1, 1980