Reso 1970-233� l
RESnL11TION NO. 70-233
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE COSTA
MESA SANITARY DISTRICT OF ORANGE COUNTY, CALIFORNIA,
FIXING THE TAX 11\ATE 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 PUNNING EXPENSES 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 1970 -1971; and,that the rate per centum of the tax
herein levied for such purposes shall be and is hereby fixed as
the
sum
of $.1837 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 1970 -1971; 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 $.0290 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
<r '
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 $.2174 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 19th day of August, 1970.
-ATT ST:
Secretary
- 2 -
President pro tem
f+
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. 70-233 , was duly passed, approved
and adopted by said Board, approved and signed by the President of said Board,
adjourned
and attested by the Secretary of said Board, all at a regular/ meeting
of said Board held on the 13th day of August 19 70
and that the same was passed and adopted by the following roll call vote,
to wit:
AYES: Directors - Rena, Briggs, and G locWur
NOES: Directors - None
ABSENT: Directors - Warren and Porter
DATED this 20th
(SEAL)
day of August , 19 70
KERM RIMA
Secretary of the Board of Directors
of the Costa Mesa Sanitary District
Orange County, California
By
Ass' ant Secretary