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Reso 1967-186J o 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 0 RESOLUTION NO. 67 -1g6 40 -/.,�,7_ 6 1- A RESOLUTION OF THE BOARD OF DIRECTORS OF THE COSTA. MESA SANITARY DISTRICT OF ORANGE COUNTY, CALIFORNIA, FIXING THE TAX RATE PER CENTUM LEVYING A TAX UPON ALL THE TAXABLE PROPERTY WITHIN THE COSTA MESA SANITARY DISTRICT OF,ORANGE COUNTY, CALIFORNIA, WHICH IS TAXABLE FOR THE OPERATIONAL RUNNING EXPENSES OF THE DISTRICT, TO PAY THE PRINCIPAL AND INTEREST ON BONDS ISSUED BY THE DISTRICT. The Board of Directors of the Costa Mesa Sanitary District of Orange County, California, does hereby resolve as follows: SECTION 1. That there is hereby levied upon all the tax- able property within the Costa Mesa Sanitary District of Orange County, California, which is taxable therein for District purposes a tax for the purpose of raising the necessary money with which to carry on the various functions and operations of the Costa Mesa Sanitary District of Orange County, California, for the current fiscal year 1967 - 1968; and that the rate per centum of the tax herein levied for such purposes shall be and is hereby fixed as the sum of $0.,02649 on each one Hundred Dollars ($100.00) of value for said general operating fund. SECTION 2. That there is hereby levied upon all the taxable property within the Costa Mesa Sanitary District Basic Tax Code Area, a tax for the purpose of:%raising money to pay the principal and interest on the bonded indebtedness of the District, excluding the $760,000.00 bond issue dated October 1, 1956, in a sum which will meet the payments on said bonds to be made during the fiscal year 1967 -1968; that the rate per centum of the tax herein levied for said purpose of paying the prinicpal and interest on said bond shall be and is hereby fixed as the sum of $0.0500 on each One Hundred Dollars ($100.00) of value. SECTION 3. That there is hereby levied upon all the taxable property within the Costa Mesa Sanitary District Tax Code Area "B" a tax for the purpose of raising money to pay the principal and interest on the bond issue in the,sum of $760,000.00 dated October 1,_1956; that the rate per centum of the tax herein levied for 5C Y s "f i I 2 3 4 5 A 7 8 9 10 11 12 13 14 15 16 17 1a 19 20 21 �2ti -23 24 25 26 27 28 29; 301 311 321 • • said purpose of paying the principal and interest on said bonds shall be and is hereby fixed as the sum of 0.2693 on each one Hundred Dollars($100.00) of value. SECTION 4. That the areas of the Costa Mesa Sanitary Dis- trict of Orange County, California, in Tax Code Area "C" shall not be taxed for the payment of any principal or interest of any bonds issued by the District or by any area within the District. SECTION. 5. This Resolution shall take effect and be in full force immediately. PASSED AND ADOPTED this 16th:; -day of August//) 1967. President of the Costa Mesa Sanitary District of Orange County California. ATTEST: Secretary STATE OF CALIFORNIA ) SS COUNTY OF ORANGE ) I, KERM RIMA , Secretary of the Costa Mesa Sanitary District of Orange County, California, do hereby certify that the foregoing Resolution, being Resolution No. 67- 18Caas duly passed and adopted by said Board, approved and signed by the President of sal Board, and attested by the Secretary, all at a: -. regular/ $,IR D'ri y u0f said Board held on the 161h day of Au g us t 1967, and that the same was passed and adopted by the follovaing roll call vote, to wit: AYES: Directors - Rima, Warren, Glockner, Briggs and Porter NOES: Directors - None ABSENT" Directors - None DATED this 16th day of. August 1967. Secretary of the Board of Directors of the Costa Mesa .Sanitary District of Orange County. 0" % X4 -2- 6Q