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Reso 1972-2581 RESOLUTION 72 -258 2 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE COSTA MESA SANITARY DISTRICT OF ORANGE COUNTY, 3 CALIFORNIA, RESCINDING CERTAIN ACTION TAKEN IN RESOLUTION NO. 71 -243 RELATING TO TRANSFERS 4 OF FUNDS FROM THE SEWER CONSTRUCTION FUND TO THE 'B & I REDEMPTION FUND. 5 6 THE BOARD OF'DIRECTORS OF THE COSTA MESA SANITARY 7 DISTRICT OF ORANGE COUNTY, CALIFORNIA, DOES HEREBY RESOLVE AS 8 FOLLOWS: 9 THAT, WHEREAS, the Board has heretofore established a 10 sewer construction fund for the purpose of installing a sewer 11 system in the areas originally known as Tax Code Area "B "; and 12 WHEREAS, from time to time the Board resolves to transfer 13 funds from the sewer construction fund to the B.& I Redemption 14 Fund, to retire bonded indebtedness within tax code area' "B "; and 15 WHEREAS,'such action was taken in the year 1971; and 16 WHEREAS, the transfer was not accomplished by the County 17 of Orange, nor is the same in the judgment of the Board of 18 Directors necessary. 19 NOW, THEREFORE, BE IT RESOLVED, that the action ordered 20 by Resolution No. 71 -243 requiring a transfer of funds to the 21 B & I Redemption Fund is hereby revised, revoked and rescinded. 22 BE IT FURTHER RESOLVED, that a copy of this Resolution 23 be forwarded to the appropriate County offices as notice of the 24 action of this Board. 25 PASSED AND ADOPTED this 14th day of g Cr 1972. 26 President 28 29 ATTEST: i 30 31 C,� . s6cretary 32 .. 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. 72 -258 , 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 14th day of September 19 72 and that the same was passed and adopted by the following roll call vote, to wit: AYES: Directors - Rima, Gloclmer, Briggs, and Porter NOES: Directors - None ABSENT: Directors - Warren DATED this 15th day of September 19 72 (SEAL) KERM RIMA Secretary of the Board of Directors of the Costa Mesa Sanitary District Orange County, California By a2j� V" stant Se retary