Resolution Number OCWD NO. 4 79-9-19-1RESOLUTION NO. 79-9-19-1
BUDGET - ZONE 2, SERIES "C" BONDS
t , 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 1979-80
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 $27,193,
and the sum required for General Reserves for the period of
July 1, 1980, through December 31, 1980, is the sum of $10,934.
WHEREAS, the tax rate necessary to raise the aforesaid
sum of money is $0.2157 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 1979-80 and for the period of
July 1, 1980, through December 31, 1980 be and is hereby established
at $38,127.
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 1979-80 be and is hereby established
at $0.2157 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.
PASSED, APPROVED and ADOPTED this 19th day of September,
1979, by the'following vote, to -wit:
AYES: DIRECTORS: Hausdorfer, Schwartze, Thorpe, Buchheim, Friess
NOES: DIRECTORS: None
ABSENT: DIRECTORS: None
Chairman of the Board of Directors of
Orange County Waterworks District No.4
ATTEST:
CECELIA VA E , Clerk of the
Board of D ectors of Orange
County Waterworks District #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 19th day of September,
1979, at the hour of 6:30 P.M.
CECELIA VASQUEZ, Clerk of the Board
ORANGE COUNTY LIATEP.WORKS DISTRICT #4
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