Reso 1977-311c
RESOLUTION NO. 77 -311
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
COSTA MESA SANITARY DISTRICT OF ORANGE COUNTY,
CALIFORNIA, FIXING THF, TAX 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 OPERATIDUL _RUNNING 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 1977 -78; and that the rate per centum of the tax
herein levied for such purposes shall be and is hereby fixed as
the sum of $0� 0195ron each One Hundred ($100:.00) Dollars of
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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 1977 -78; that the rate per centum on 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 $0.0087 on each One Hundred ($100.00) Dollars 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
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principal and interest on the bond issue in the
dated Oc Lu'Der 1, 1750; flat the hate per cent LL14
levied for said purpose of paying the principal
said bonds shall be and is hereby fixed as the
each One Hundred ($100.00) Dollars of value.
sum of $760,000.00
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and interest on
sum of $0.0768 on
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. W
PASSED AND ADOPTED this day of August, 1977.
ATTEST:
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SecretAr
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President
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STATE OF CALIFORNIA )
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COUNTY OF ORANGE
I, ROBERT 0. BRIGGS, 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. 77 -311 was duly passed, approved and adopted by said Board,
and attested by the Secretary of said Board, all at a special
meeting of said Board held on the 17th day of August, 1977, and
that the same was passed and adopted by the following roll call
vote, to wit:
AYES: Directors: Hutchison, Warren, Briggs, Rima
NOES: Directors: None
ABSENT: Directors: Glockner
DATED this 17thday of August, 1977.
(SEAL)
Secretary`of the Board of Directors
of the Costa Mesa Sanitary District
of Orange County, California.
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