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Reso 1978-328a 7 RESOLUTION NO. 78 -328 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE COSTA MESA SANITARY DISTRICT OF ORANGE COUNTY, CALIFORNIA, LEVYING A TAX 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 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 1978 -79; that the rate per centum on the tax herein levied for said pur- pose of paying the principal and interest on said bonds shall be and is hereby fixed as the sum of $0.0088 on each One Hundred ($100.00) Dollars of value. SECTION 2: 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 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 $0.0898 on each One Hundred ($100.00) Dollars of value. SECTION 3: That the areas of the Costa Mesa Sanitary District of Orange County, California, in Tax Code Area "C" -1- f t • 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 4: This Resolution shall take effect and be in full force immediately. PASSED AND ADOPTED this 14th day of September, 1978. President ATTEST: Secretary -2- STATE OF CALIFORNIA ) ss. 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. 78 -328 was duly passed, approved and adopted by said Board, and attested by the Secretary of said Board, all at a regular meeting of said Board held on the 14th day of September, 1978, and that the same was passed and adopted by the following roll call vote, to wit: AYES: Directors: Hutchison, Crank, Briggs, Rima, Glockner NOES: Directors: None ABSENT: Directors: None DATED this 14th day of September, 1978. (SEAL) Secretary of the oard of Directors of the Costa Mesa Sanitary District of Orange County, California. Emig