Resolution Number OCWD NO. 4 79-9-5-1• RESOLUTION NO. 79-9-5-1
BUDGET FOR REDEMPTION OF 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, FOR THE FISCAL
YEAR 1979-80
WHEREAS, the District has heretofore issued
General Obligation Bonds identified and referred to as:
1. 5611 1961 Construction;
2. 5641 Zone 1 series A & B;
3. 5661 Zone 2;
4. 5681 Zone 3; and
WHEREAS, the amount of money required to be raised
during the current fiscal year for Bond Interest and Redemp-
tion for the aforesaid bonds is the total sum of $264,235.00
allocated as follows:
1. 1961 Construction $162,475.00;
2. Zone 1 series A & B $ 27,600.00;
3. Zone 2 $ 29,000.00;
4. Zone 3 $ 45,160.00; and
WHEREAS, the tax rate necessary to raise the afore-
said sum of money will be calculated by the Orange County
Assessor.
NOW, THEREFORE, BE IT RESOLVED that the budget for
the redemption of the aforesaid General Obligation Bonds for „
the fiscal year 1979-80 and for the period of July 1, 1980
,through December 1, 1980, be and is hereby established at
$264,235.00.
BE IT FURTHER RESOLVED that the Orange County
Assessor be and is hereby authorized and directed to calcu-
late the tax rate for the redemption of the aforesaid General
Obligation Bonds for the fiscal year 1979-80 and to enter such
rate on the records of the Orange County Assessor.
BE IT FURTHER RESOLVED that the Clerk shall be and
is hereby authorized and directed to forward a copy of this
Resolution to the County Auditor -Controller of the County of
Orange.
PASSED, APPROVED and ADOPTED this 5th day of September
1979, by the following vote, to -wit:
AYES : DIRECTORS: Hausdorfer, Schwartze, ghorpe, Buchheim
and Friess
NOES: DIRECTORS: l-bne
ABSENT: DIRECTORS: None
/L n
Kenneth E. Fries, C airman o t e
Board of Directors of Orange County
Waterworks District No. 4
ATTEST:
CECELIA VASQU erk of the Board
of Directors orange County
Water Works District No. 4
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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 5th day of
September, 1979, at the hour of 6:30 P.M.
CECELIA VASQUEZ, Clerk of the Board
ORANGE COUNTY WATERWORKS DISTRICT #4
(.�
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