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Reso 1967-1871 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 RESOLUTION NO,, 67 -187 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE COSTA MESA SANITARY DISTRICT OF.ORANGE COUNTY, CALIFORNIA, TRANSFERRING A SUM OF MONEY FROM TM SEWER CONSTRUCTION FUND TO THE B'& I REDEMPTION FUND FOR TAX CODE AREA "B" FOR THE RETIREMENT OF THE BOND ISSUE IN THE ORIGINAL SUM OF $760,000..00 DATED OCTOBER 1, 1956. WHEREAS, the Board of Directors of.the Costa Mesa Sanitary. District of Orange County, California, has heretofore established a sewer construction fund for the purpose of installing a sewer system in the areas originally known and designated as Tax Code Area JPB)1 ; and WHEREAS, the purposesfor which said fund was established have been entirely fulfilled and there is now a sum in said sewer construction fund in the amount of $.3,500.00 being the balance after the purposes of said fund have been entirely fulfilled, and WHEREAS, the said Board of Directors.desires.to transfer the -aid sum of $ 3,500.00 from said sewer construction fund to the B & I Redemption Fund for that portion of the Costa Mesa Sanitary District within Tax Code Area "B" for.the purpose of re- tiring the bond indebtedness in the original sum of $760,000.00 dated October 1, 1956. NOW, THEREFORE, The Board of Directors of the Costa Mesa Sanitary District of Orange County, California, do hereby resolve, determine and order as follows: SECTION 1. That the sum of $ 3,500.00 is hereby transferred from the sewer construction fund to the B & I .Redemption Fund for that portion_ of the.Costa Mesa Sanitary District within Tax Code Area "B ".for the retirement of the bond issue dated October 1, 1956. SECTION 2. That the said sum of $ 3,500.00 , herein transferred as above set forth, shall be used to retire a portion of the bonded indebtedness which becomes due'during the _1- 1 fiscal year of 1967 -1968. SECTION 3.. That the Board of Directors hereby finds and 3 determines and declares that the purposes for which said 4 $ 3,500.00 was to be used, to wit: the construction of a 5 sewer system in the Annexation Areas known as 13, 15 and 17 have 6 been entirely fulfilled. 7 PASSED AND ADOPTED this 16th day of August ;% 1967 9 President of the Costa Mesa 1.0 Sanitary District of Orange County, California lI: ATTEST: 13 14 Secretary 1.5 STATE OF CALIFORNIA ) ss COUNTY OF ORANGE ) to KERM RIMA , Secretary of the Board of 17 the Costa Mesa Sanitary District of Orange County, California, do hereby certify that the foregoing Resolution, being Resolution 18 No. 67 -187, was duly passed, approved and adopted by said Board, 19 approved and signed by the President of said Board and a tested by the Secretary of said Board, all at a regular /me�Pinge f said 20 Board, held onthe 16thday of Auaii t 1967, and that the, . same was passed and adopted by the following roll call vote, 21 to wit: 22 AYES: Directors - Rima, Warren,. Glockner, Briggs and Porter 23 NOES: Directors - None ABSENT:_ Directors None 25 DATED this 16th day of 1967. 26 j 27 Se retary of the Bca rd of Direc o. 28 I. of the Costa Mesa Sanitary' District of Orange County.'' 29I 30 32 —2- 1► -.. .. Vii. vl r 1 fiscal year of 1967 -1968. SECTION 3.. That the Board of Directors hereby finds and 3 determines and declares that the purposes for which said 4 $ 3,500.00 was to be used, to wit: the construction of a 5 sewer system in the Annexation Areas known as 13, 15 and 17 have 6 been entirely fulfilled. 7 PASSED AND ADOPTED this 16th day of August ;% 1967 9 President of the Costa Mesa 1.0 Sanitary District of Orange County, California lI: ATTEST: 13 14 Secretary 1.5 STATE OF CALIFORNIA ) ss COUNTY OF ORANGE ) to KERM RIMA , Secretary of the Board of 17 the Costa Mesa Sanitary District of Orange County, California, do hereby certify that the foregoing Resolution, being Resolution 18 No. 67 -187, was duly passed, approved and adopted by said Board, 19 approved and signed by the President of said Board and a tested by the Secretary of said Board, all at a regular /me�Pinge f said 20 Board, held onthe 16thday of Auaii t 1967, and that the, . same was passed and adopted by the following roll call vote, 21 to wit: 22 AYES: Directors - Rima, Warren,. Glockner, Briggs and Porter 23 NOES: Directors - None ABSENT:_ Directors None 25 DATED this 16th day of 1967. 26 j 27 Se retary of the Bca rd of Direc o. 28 I. of the Costa Mesa Sanitary' District of Orange County.'' 29I 30 32 —2-