Reso 1996-59201 �
RESOLUTION NO. 96 -592
A RESOLUTION OF THE COSTA MESA SANITARY
DISTRICT EARMARKING THE PROCEEDS OF TRASH
COLLECTION CHARGES COLLECTED IN 1996 -1997 FOR
USE IN REDUCING FUTURE CHARGES
WHEREAS, pursuant to the Board of Director's annual public hearing procedure
imposing charges for trash collection rates, the District adopted Resolution No. 96 -588
confirming a report and imposing an annual trash collection charge of $151.41 for fiscal year
1996 -97, which reflected a savings over the previous rate of $162.71 due to lower disposal
charges; and
WHEREAS, due to staff error the reduction in rate was not accurately set forth in the
assessment roll sent to the County for collection and it is not possible to correct the collection
rate for 1996 -97; and
WHEREAS, the Board does hereby desire to ensure that the benefits of the lower charges
are passed on to its constituents;
NOW, THEREFORE, the Board of Directors does hereby RESOLVE and DETERMINE
that:
The District Treasurer shall earmark the amount of money that represents the overcharge
collected so that the same shall be used to further reduce the rates imposed in the next fiscal year
and no part of said money shall be spent on any expenditure. All of the interest that shall accrue
to this earmarked fund shall also be retained by the fund and used to further reduce next year's
rates. Staff shall prepare an implementation plan for this reduction and shall factor in this
earmarked money in setting the rates for next year.
PASSED AND ADOPTED this /0 -t& day of 06r*4z r.J ' , 1996.
4,- ;'4'.
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF COSTA MESA
I, Florine T. Reichle, Assistant Manager /Clerk of the Costa Mesa Sanitary District, hereby
certify that the above and foregoing Resolution No. q`_ 3"92- , was duly and regularly passed and
adopted by said Board of Directors at a regular meeting thereof held on the lo-4e', day of
, 19 9'4 .
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the Costa
Mesa Sanitary District, this day of Oe�— , 19 y4—.
Assistant Manager /Clerk
Costa Mesa Sanitary District
�� printed on recycled paper