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Resolution Number OCWD NO. 4 80-8-20-1U Fri RESOLUTION NO. 80-8-20-1 BUDGET FOR REDEMPTION OF BONDS A RESOLUTION OF THE BOARD OF DIRECTORS OR ORANGE COUNTY WATERWORKS DISTRICT NO. 4 ADOPTING A BUDGET FOR THE REDEMPTION OF GENERAL OBLIGATION BONDS, FOR THE FISCAL YEAR 1980-81 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 Redemption for the aforesaid bonds is the total sum of $253,180.00 allocated as follows: 1. 1961 Construction 2. Zone 1 series A & B 3. Zone 2 4. Zone 3 $159, 325.00; $ 26,650.00; $ 23,100.00; $ 44,105.00; and WHEREAS, the tax rate necessary to raise the aforesaid sum of money will be calculated by the Orange County Assessor. NOW, THEREFORE, BE IT RESOLVED that the budget for the redemption of the aforesiad General Obligation Bonds for the fiscal year 1980-81 and for the period of July 1, 1981 through December 1, 1981, be and is hereby established at $253,180.00 MW BE IT FURTHER RESOLVED that the Orange County Assessor be and is hereby authorized and directed to calculate the tax rate for the redemption of the aforesaid General Obligation Bonds for the fiscal year 1980-81 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 20th day of August 1980, by the following vote, to wit: AYES: DIRECTORS: BUCHHEIM, THORPE, HAUSDORFER NOES: DIRECTORS: NONE ABSENT: DIRECTORS: FRIESS, SCHWARTZE UAK L./HAUSUUKFER Chairman of the Bo d of Directors of"Orange County Wa erworks Distric No. 4 ATTEST: C^€CELI ASQ90, Cle;k of the Board of Directors of Orange County Waterworks District No.4 -2- 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 day of �to 1980, at the hour of 6:30 P.M. CECELIA VASQUEZ, Clerk of the Board ORANGE COUNTY WATERWORKS DISTRICT #.4 -3-