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HomeMy WebLinkAboutResolution 1959 - 0750RESOLUTION NO.7 50-7 RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY SANITA TION DISTRICT NO.7 OF ORANGE COUNTY,CALIFORNIA,FIXING AND DETERMiNING THE OUTSTANDING INDEkTEUNESS OF THE DISTRICT AS OF NOVEMBER 12,1959;AND DETERMINING THE EFFECT ON THE SEWERAGE SYSTEM OF THE DISTRICT OF PRO POSED WITHDRAWALS OF TERRITORY THEREFROM The Board of Directors of County Sanitation District No.7 of Orange County,California does resolve as follows: WHEREAS,petitions to withdraw certain territories from County Sanitation District No.7 of Orange County,California have been filed with the Board of Supervisors of Orange County,California; and WHEREAS,it is necessary to determine the outstanding indebted ness 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 ~ow said withdrawal from said District will affect the operations of the sewerage system of the uistrict. NOW,THEREFORE,the Board of Directors of County Sanitation Oi8trict No.7 does hereby FIND,DETERMINE AN])RESOLVE as follows: Section 1.That County Sanitation District No.7 has,as of November 12,1959,the following indebtedness against the funds of the District: OUTSTANDING INDEBTEDNESS OF COUNTY SANITATION DISTRICT NO.7 AS OF NOVEMBER 12,1959 Operat-Accumulated 1951-Bond,1954-Fixed ing Capital Interest &Obligations Total Fund Outlay Fund Sinking Fund Fund ___________ None $14,780.03 $532,670.00 $217,829.75 $76~,279.78 Section 2.That the total outstanding indebtedness for said County Sanitation District No.7 as of November 12,1959 is Seven Hundred Sixty-Five Thousand,Two Hundred Seventy-Nine uollars and Seventy-Eight Cents ($765,279.78). ā€”1ā€” Section 3.That the proposed withdrawal of territory described in withdrawal petitions of Campbell,et ci,dated September 10,1959,will be materia1lā€™~detrimentRi to the operation of its sewerage system as now owned and operated by the District and that all of the property described in said petitions will be directly benefited by the construction of trunk sewers as proposed in said District and by the sewerage system now owned and operated by the District. The above and foregoing Resolution No.750-7 was regularly passed and adopted by the Board of Directors of County Sanitation District No.7 at a regular meeting of said Board held on the 12th day of November,1959. (~ Ora Mae Merritt,Secretary oU The Board of Directors of County Sanitation District No.7 Of Orange County,California STATE OF CALIFORNIA) ss COUNTY OF ORANGE ) 1,ORA MAE MERRITT,Secretary of the Board of Directors of County Sanitation District No.7 of Orange County,California,do hereby certify that the above and foregoing Resolution No.750-7 was regularly passed and adopted at a regular meeting of said Board on the 12th day of November,1959,by the following roll call vote, to wit: AYES:Directors Jer~~idd,Charlee E.Hart,Dale H. Heinly,Rex A.Parks,A.H.Meyers and William H. Hirstein NOES:Directors None ABSENT:Directors None -2ā€” IN WITNESS WREREOF,.1 have hereunto set my hand and affixed the official $esl of County Sanitation District No.7 of Orage Cowtty,~CaltEoz~rda,,this 12th day of November,1959. .Metrjtt,weoreta*t OUt1Ie Board of Directors of County SWdt*UOI%U strict No.I of Orange Councy,~California e3e