Resolution Number OCWD NO. 4 78-9-20-1RESOLUTION NO. 78-9-20-1
• BUDGET - ZONE 2, SERIES "C" BONDS
A RESOLUTION OF THE BOARD OF DIRECTORS OF
ORANGE COUNTY WATERWORKS DISTRICT NO. 4
ADOPTING A BUDGET FOR THE REDEMPTION OF
GENERAL OBLIGATION BONDS, ZONE 2, SERIES
"C", FOR THE FISCAL YEAR 1978-79
WHEREAS, the District has heretofore issued General
Obligation Bonds, Zone 2, Series "C", in the sum of $349,000;
and
WHEREAS, the amount of money required to be raised
during the current fiscal year for Bond Interest and Redemption
for the Zone 2, Series "C" Issue Bonds is the sum of $27,518,
and the sum required for General Reserves for the period of
July 1, 1979, through December 31, 1979, is the sum of $11,096.
WHEREAS, the tax rate necessary to raise the aforesaid
sum of money is $0.3053 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 budget for the
redemption of the aforesaid General Obligation Bonds, Zone 2, Series
"C" for the fiscal year 1978-79 and for the period of July 1, 1979,
through December 31, 1979 be and is hereby established at $38,614.
BE IT FURTHER RESOLVED that the tax rate for the redemption
of the aforesaid General Obligation Bonds, Zone 2, Series "C" for
the fiscal year 1978-79 be and is hereby established at $0.3053 for
each One Hundred Dollars ($100.00) of assessed valuation as equalized
and entered on the records of the Orange County Assessor.
BE IT FURTHER RESOLVED that the Clerk shall be and hereby
is authorized and directed to forward a copy of this Resolution to
the County Auditor -Controller of the County of Orange.
IN
I
PASSED, APPROVED and ADOPTED this 20th day of September,
1978, by the following vote, to -wit:
AYES: DIRECTORS: Hausdorfer, Thorpe, Buchheim, Friess
NOES: DIRECTORS: None
ABSENT: DIRECTORS: Schwartze
Chairman of the Board of Directors of
Orange County Waterworks District No -4
ATTEST:
CECELIA VASQUE , Cl t of the Board
of Directors Orange County
Waterworks District No. 4
STATE OF CALIFORNIA )
ss.
COUNTY OF ORANGE )
I, CECELIA VASQUEZ, Clerk of the Board of Directors of
Orange County Waterworks District No. 4 hereby certify and declare
that the above and foregoing Resolution was duly adopted by the
unanimous vote of all members of the Board of Directors present and
voting at a regular meeting thereof held on the 20th day of September,
1978, at the hour of 6:30 P.M.
CECELIA VASQUEZ, Clerk of the Board
ORANGE COUNTY WATERWORKS DISTRICT #4
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