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Resolution Number OCWD NO. 4 80-11-5-1RESOLUTION NO. 80-11-5-1 A RESOLUTION OF THE BOARD OF DIRECTORS OF ORANGE COUNTY WATERWORKS DISTRICT #4 AUTHORIZING A REVENUE EXCHANGE RESULTING FROM A JURISDICTIONAL BOUNDARY CHANGE 1979-80 ASSESSMENT ROLL WHEREAS, Assembly Bill 8, requires property tax revenue exchanges for jurisdictional changes; and, WHEREAS, Orange County Waterworks District No. 4 has deannexed to the City of San Clemente that certain property known as the Smith Detachment; and, WHEREAS, such exchanqe must be by Resolution. NOW THEREFORE, BE IT RESOLVED that the Board of Directors of Orange County Waterworks Distric #4 does hereby resolve that the revenues derived from the Smith Detachment, in Tax Rate Area 10-025, with a Revenue Factor (AC68L201) of 0.01543075949 providing a negotiated property tax revenue of $199.75, is hereby relinquished to the City of San Clemente. 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 5th day of November, 1980, by the following vote to -wit: AYES: DIRECTORS: Buchheim, Bland, Friess, Hausdorfer NOES : DIRECTORS: None ABSENT: DIRECTORS: S ATTEST: (1deA-4 z1ft" CSC E'CIT—V A�S e r c o t o Board of Directors 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 attached Resolution was duly adopted by the unanimous vote of all members of the Board of Directors present and voting a a regular meeting thereof held on the 5th day of November, 1980, at the hour of 6:30 P.M. CECELIA VASQUEZ, Clerk of the Board ORANGE COUNTY WATERWORKS DISTRICT #4 - 2 -