HomeMy WebLinkAboutResolution 1954 - 0340RESOLUTION NO.340-2
RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY
SANITATION DISTRICT NO.2 OF ORANGE C~JNTY
CALIFORNIA FIXING AND DETERMINING THE OUTSTANDING
INDEBTEDNEM OF THE DISTRICT AS OF JANUARY 13 1954,
AND DETERMINING THE EFFECT ON THE SEWERAGE SYSTEM
OF THE DISTRICT OF A PROPOSED WITHDRAWAL OF TE1~RITORY
THEREFROM
The Board of Directors of County Sanitation District
No.2 of Orange County,California does resolve as follows:
WHEREAS,a petition to withdraw certain territory from
County Sanitation District No.2 of Orange County has been filed
with the County Board of Supervisors;and
WHEREAS)it is neoessary to determine the outstanding
said District as of this date;and
the Directors of County Sanitation District
County are required to report as to how said
said District will affect the operations of the
sewerage system of the District;
N~,THEREFORE,the Board of Directors of County
Sanitation District No.2 does hereby FIND,DETERMINE and RESOLVE
as follows:
Section 1,That County Sanitation District No.2 has,
as of January 13,1954,the following items of indebtedness:
1.District 2’a obligations under the Agreement of Sale and
Purchase dated February 28,1951 for the purchase of certain
sewage disposal facilities made pursuant to the prOpO8itiOfl
for the issuance of the District’s bonds approved at an
election held February 28,1949:
District’s share of total
payments listed under Para.’.
graph 8,Items 1,2,and 3,
less its share of bonds assumed
from cities of Anaheim and Orange
in a ccordance with Resolution
No.142—2 adopted on
April 9,1952:$275,262.00
indebtedness of
WHEREAS,
No.2 of Orange
withdrawal from
Excess inventory on
personal property
Construction of
additional facilities
1,994.44
59 .$336,~85.7l
—1—
2.District’s share of bonds assumed
from the cities of Anaheim and Orange:
City of Anaheim bonds:
Principal $4,563.~X’
Interest 1,O26.5~
$5,5~9~k3
City of Orange bonds:
Principal 1,014.00
Intereat 50.70
$I,0b4.70 $6,654.38
3.District bonds outstanding 1,560,000.00
4.Bond interest coupons to be
redeemed February 1,1954 to
August 1,1988,inclusive 657,000.00
$2,560,540.09
Section 2.That the total outstanding indebtedness for
said County Sanitation District No.2 as of January 13,1954 18
Two Million Five Hundred Sixty Thousand Five Hundred Forty Dollars
and Nine Cents ($2,560,540.09).
Section 3.That the proposed withdrawal will not affect
the sewerage system of County Sanitation District No.2 of Orange
Cøunty in that no sewerage facilities to serve the immediate area
proposed to be withdrawn are in existance or are proposed in the
near future;that such withdrawal will not adversely affect the
existing sewerage system of this district.
THE FOREGOING R~ESOLUTI0N was passed and adopted at a
regular meeting of the Board of Directors of County Sanitation
District No.2 on the 13th day of January,1954.
Secretary of the Board
-2-
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STATE OF CALIFORNIA)
88
COUNTY OF ORANGE )
I,ORA MAE MERRITT,Secretary of the Board of Directors of
County Sanitation District No.2 of Orange County,California,
do hereby certify that the foregoing Resolution was passed and
S adopted at a regular meeting of the Board of Directors of County
Sanitation District No.2 of Orange County,California,held
on the 13th day of January,1954,by the following roll
call vote:
AYES:Directors Hugh W.Warden,Willis H.warner,Charles
E.Stevens,Charles Morgan,L.N.Wisser,Courtney
R.Chandler and Frank J.SchweItzer,Jr.
NOES:None
ABSENT:Director Dean W.Hasson
IN WITNESS WHEREOF,I have hereunto set my hand and affixed
the seal of County Sanitation District No.2 of Orange County,
California,this 13th day of January,1954.
~
Secretary,Board of Directors
County Sanitation District No~.2
Orange County,California
i~3s.