Reso 1968-201RESOLUTION N0.
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, AND RESCINDING RESOLUTION
NO. 68 -199.
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
taxable 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 1968 -1969; and that the rate per centum of the tax
herein levied for such purposes shall be and is hereby fixed, as
the sum of $ .0840 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 1968 -1969; that the rate per centum of the tax
herein levied for said purpose of paying the principal and interest
on said bonds shall be and is hereby fixed as the sum of $.0419
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
- 2 -
October 1, 1956; that the rate per centum of the tax herein levied
for said purpose of paying the principal and interest on said bonds
shall be and is hereby fixed as the sum of $.2646 on each One
Hundred Dollars ($100.00) of value.
SECTION 4. That the areas of the Costa Mesa Sanitary District
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, and rescinds all previous action related
hereto.
PASSED AND ADOPTED this 29th day of August, 1969.
President Pro Tem
ATTEST:
Kerm Rima
Secretary
BY t�
Assistant Secretary
•v
s ` r
STATE OF CALIFORNIA )
SS,
COUNTY OF ORANGE )
I, KERM RIMA, Secretary of the Board of Directors
of the Costa Mesa Sanitary District of Orange County, California,
DO HEREBY CERTIFY that the foregoing Resolution, being Resolution
No.- 68 -201 ,, was duly passed, approved and adopted by said Board,
approved and signed by the President of said Board, and attested
by the Secretary of said Board, all at a special meeting of
said Board held on the 29th day of August , 19 68 , and
that the same was passed and adopted by the following roll call
vote, to wit:
AYES: Directors - Briggs, Glockner, and Warren
NOES: Directors - None
ABSENT: Directors - Porter and Rima
DATED this 29th day of August , 19 68
(SEAL)
KERM RIMA
Secretary of the Board of Directors
of the Costa Mesa Sanitary District
Orange County, California
By G' -,ZC_
Assi /, ant Secretary