Resolution Number OCWD NO. 4 74-7-17-1U
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RESOLUTION NO. 74-7-17-1
A RESOLUTION OF THE BOARD OF DIRECTORS OF
ORANGE COUNTY WATERWORKS DISTRICT NO. 4
ESTABLISHING AND IMPOSING THE AD VALOREM
TAX RATE AND ESTABLISHING AN ASSESSMENT
RATE FOR THE REDEMPTION OF GENERAL OBLIGA-
TION BONDS, ZONE 2, SERIES "C", FOR THE
FISCAL YEAR 1974-1975
WHEREAS, the amount of revenue required to be raised
by taxation to carry out the municipal functions of the Orange
County Waterworks District No. 4 for the fiscal year 1974-1975
11 is the sum of $632,219,99; and
WHEREAS, the tax rate necessary to raise the aforesaid
sum of money is Ten Cents ($0.10) for each One Hundred Dollars
($100.00) of assessed valuation as equalized and entered on the
records of the Orange County Assessor; and
WHEREAS, the District has heretofore issued General
Obligation Bonds, Zone 2, Series "C", in the sum of $349,000.00;
NOW, THEREFORE, BE IT RESOLVED that the tax rate for
Discal year 1974-1975 be and is hereby established at Ten Cents
($0.10) for each One Hundred Dollars ($100.00) of assessed valua-
tion as equalized and entered on the records of the Orange County
Assessor.
BE IT FURTHER RESOLVED that the County Auditor -
Controller be and is hereby requested to establish the rate of
assessment for the redemption of the aforesaid General Obligation
Bonds, Zone 2, Series "C" for fiscal year 1974-1975 in accordance
with the schedule of redemption attached hereto as Exhibit "A" and
by this reference made a part hereof.
BE IT FURTHER RESOLVED that the Clerk shall be and here
is authorized and directed to forward a copy of this resolution
to the County Auditor -Controller of the County of Orange,
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PASSED, APPROVED AND ADOPTED this 17th day of July,
19742 by the following vote, to -wit:
AYES: DIRECTORS: HECKSHER, NASH, SWEENEY, WEATHERS
AND BYRNES.
NOES: DIRECTORS: NONE.
ABSENT: DIRECTORS NONE.
ATTEST:
Virgftia Meadows, Clerk o
the Board of Directors of
Orange County Waterworks
District No, 4
IN®
unairman or cne boara or directors or
Orange Cou ty Waterworks District No.4
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