Reso 1959-107RESOLUTION N0.
A R'ESQLUTION OF THE BOARD OF DIRECTORS -OF THE COSTA FJESA
SkNTITARY DISTRICT OF OP.ANGE COUNTY, CALIFORNIA, FMNG THE,:
TAX RATE PER CENTIM LEVYING A TAX UPON ALL THE TAXABLE
PROPERTY WITHIN TIT COSTA MESA SANITNRY DISTRICT OF MAIM
COUNTY,. CALIFORNIA, WHICH IS TAXABLE FOR THE OPERATIQRTAT,
RUNNING EXPEN'SES OF THE 'DISTRICT, TO PAY THE PRINCIPAL AND INTEREST ON BOMB ISSUED $Y 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 .Change County, ,
California, which. is taxable therein for DDistriet '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 unitary District of
Orange County, California, for the current fiscal year 1959- 1960; and
that the rate per'centum of the tax herein levied for such purposes shall
.be and is hereby fixed as the sum of thirty -six cents (360) on each One
Hundred 'Dollars ($100.00) of value for.said general operating.fund. '
SMP TION 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 X760,000.00
bond issue dated October 1 in.a sum which will meet the payments
on said bonds to be'made.during the fiscal year 1959 -1960; 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 five cents (.050) on each One Hundred Dollars (8100.00) of value.
SECTION 3. That there is hereby levied upon all the taxable
:property within the Costa Mesa Sanitary District Tax Code'Area t1B11, a
tax for the purpose.of-raising money to pay the principal and interest,
on the bond issue zn the sum of „760. 000.00 dated October 1, 1956; that.
the''rate per centun of the tax herein levied for said purpose of paying
the principal and interest on said bonds shall be and is hereby fixed