Resolution Number OCWD NO. 4 74-8-21-1�.J
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RESOLUTION NO. 74-8-21-1
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 OBLI-
GATION 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
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 Orange County Assessor; and
WHEREAS, the District has heretofore issued General
Obligation Bonds, Zone 2, Series "C", in the sum of $349,000.00;
and
WHEREAS, that tax rate necessary to raise the aforesaid
sum of money is $1.0899 for each One Hundred Dollars ($100.00)
of assessed valuation as equalized and entered on the records of
the Orange County Assessor.
NOW, THEREFORE, BE IT RESOLVED that the tax rate for
fiscal 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 tax rate for the re-
demption of the aforesaid General Obligation Bonds, Zone 2,
Series "C" for fiscal year 1974-1975 be and is hereby established
at $1.0899 for each One Hundred Dollars ($100.00) of assessed
valuation as equalized and entered on the records of the Orange
County Assessor.
1 BE IT FURTHER RESOLVED that the Clerk shall be and
2 hereby is authorized and directed to forward a copy of this
3 Resolution to the County Auditor -Controller of the County of
4 Orange.
5 PASSED, APPROVED and ADOPTED this 21st day of August,
6 1974, by the following vote, to -wit:
7 AYES: DIRECTORS: HECKSCHER, NASH, SWEENEY, AND
8 WEATHERS
9 NOES: DIRECTORS: NONE
ABSENT: DIRECTORS: BYRN S
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12 a rman o t e Boar o rectors o
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Or,
Cc ty Waterworks District No. 4
14 ATTEST: --
15 a)
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17 0irgi a Meadows, Clerk ofthe
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Board of Directors of Orange
18 County Waterworks District No. 4
19 STATE OF CALIFORNIA ) as
20 COUNTY OF ORANGE .)
21 I, Virginia Meadows, Clerk of the Board of Directors of
22 Orange County Waterworks District No. 4, hereby certify and de -
23 clare that the above and foregoing Resolution was duly adopted
24 by the unanimous vote of all members of the Board of Directors
25 present and voting at a regular meeting thereof held on the
26 21st day of August, 1974, at the hour of 6:30 P.M.
27 Virginia Meadows, Clerk of the °'Board
ORANGE COUNTY WATERWORKS DISTRICT # 4
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