HomeMy WebLinkAboutResolution 1954 - 0343RESOLUTION NO.343—7
RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY
SANITATION DISTRICT NO.7 OF ~LANGE COUNTY
CALIFORNIA,FIXING AND DETERMINING THE OUTSTANDING
INDEBTEDNESS ~‘THE DISTRICT AS OF JANUARY 13 1954,
AND DETERMINING THE EFFECT ON THE SEWERAGE SYSTEM
OF THE DISTRICT OF A PROPOSED WITHDRAWAL C~’TERRIT~Y
THEREFR~4
The Board of Directors of County Sanitation District
No.7 of Orange County,California does resolve as follows:
WHEREAS,a petition to withdraw~certain territory from
County Sanitation District No.7 of Orange County,California
has been filed with the Board of Supervisors of Orange County,
California;.and
WHEREAS,it is necessary to determinethe outstanding
indebtedness of said District as of this date;and
WHEREAS,the Directors of County Sanitation District
No.7 of Orange County are required to report as to how said
withdrawal from said District will affect the operations of the
sewerage system of the District;
N(W,THEREFORE,the Board of Directors of.County
Sanitation District No.7 does hereby FIND,DETERMINE and RESOLVE
as follows:
Section.1.That County Sanitation District No.7 has,
as of January 13,1954,the following items of indebtedness:
1.District 7’s obligations under the Agreement of Sale and
Purchase dated February 28,1951 for the purchase of certain
sewage disposal facilities made pursuant to the proposition
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 oi~bonds assumed
from cities of.Anaheim and Orange
in a ccOrdance with Resolution
No.142’.?adopted on
April 9,1952:$234,613.40
Excess inventory on
personal property 732.48 ‘~
Construction of
additional facilities 18~O7j~.24 4 253’~41742
..1—
~--.
_____7~__-
2.District’s share of bonds assumed
from the Cities of Anaheim and Orange:
City of Anaheim bonds:
Principal $
Interest
_________
City of Orange Bonds:
Principal
Interest
_________
3.District 7’s obligation under Agreement
of Sa~.e and Purchase dated December 12,
1951 between the County of Orange and
County Sanitation Districts Nos.6 and 7 720.00.
4.District bonds outstanding 462,000.00
Bond interest coupons to be
redeemed February 1,19514 to
August 1,1988,inclusive
__________
Section 2.That the total outstanding indebtedness for
said County Sanitation District No.7 as of January 13,1954 18
N±rte Hundred Thirty-three Thousand Three Hundred Ninety-seven
Dollars and Thirty-three cents ($933,397.33).
Section 3.That the proposed withdrawal will not affect
the sewerage system of County Sanitation District No.7 of Orange
County in that no ewerage facilities to serve the immediate area
pr*posed 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 PORE~OINO RESOLUTION was passed and adopted at a
regular meeting of the Board of Directors of County Sanitation
Dietrict No.7 on the 13th day of January,1954.
(~
Se~ry of the Board
-2-
3,502.80
788.13
$4,290.93
778.140
58.38
$tS3b.7’~$5,127.71
212,132 .50
$~
STATE OF CALIFORNIA)
SB
COUNTY OF ORANGE )
I,O~A MAE MERRITT,Secretary of the Board of Directors of
County.Sanitation District No,7 of Orange County,California,
do hereby certify that the foregoing Resolution was passed and
adopted at a regular meeting of the board of Directors of County
Sanitation District No.7 of Orange County,California,held
on the 13th day of January,1954,by the following roll
call vote:
AYES:Directors Willis K.Warner,.Courtney Ft.Chandler
and Vincent L.Humeston
NOES:None
ABSENT:None
IN WITNESS WHEREOF,I have hereunto set my hand and affixed
the seal of County Sanitation District No,7 of Orange County,
California,this 13th day of January,1954.
Secretary,Board of Directors
County Sanitation District No.7
Orange County,California
—3.,.