Reso 1972-257RESOLUTION NO. 72-257
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 EX-
PENSES 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
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 1972 -1973; and that the rate per centum of the tax
herein levied for such purposes shall be and is hereby fixed as
the sum of $ .1200 on each One Hundred Dollars ($100.00) of value
of 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 1972 -1973;
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 $ .0249 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 said purpose of paying the principal and interest on said bonds
shall be and is hereby fixed as the sum of $ .1808 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.
PASSED AND ADOPTED this 16th day of August, 1972.
ATTEST:
j
Secretary President
,
STATE OF CALIFORNIA
) SS.
COUNTY OF ORANGE )
I, KERM RIMA, Secretary of the.Board of Directors of the Costa
Mesa Sanitary District, Orange County, California, DO HEREBY CERTIFY that the
foregoing Resolution, being Resolution No. 72 -257 , 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 regular /adjourned meeting
of said Board held on the 16th day of August, 1972, and that the same was passed
and adopted by the following roll call vote, to wit:
AYES: Directors - Rima, Warren, Glockner, Briggs, and Porter
NOES: Directors - None
ABSENT: Directors - None
DATED this 17th day of August, 1972.
KERM RIMA
Secretary of the Board of Directors
of the Costa Mesa Sanitary District
Orange County, California
STATE OF CALIFORNIA)
COUNTY OF ORANGE ) ss.
CITY OF COSTA MESA )
This is to certify that the above and foregoing Resolution No. 72 -257 is a
true and correct copy of said Resolution as the same appears on file in my office.
A'istant Secretary '
;_Costa Mesa Sanitary Iistrict
(SEAL)