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Resolution Number OCWD NO. 4 74-8-21-1�.J �.J 2 3 4 5 6 9 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 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 10 11 12 a rman o t e Boar o rectors o 13 - - Or, Cc ty Waterworks District No. 4 14 ATTEST: -- 15 a) �221 17 0irgi a Meadows, Clerk ofthe - 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 28 29 U 30 31 32 -2-