HomeMy WebLinkAboutResolution 1960 - 0784RESOLUTION NO.784-7
RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY SANITA
TION DISTRICT NO.7 OF ORANGE COUNTY,CALIFORNIA,FIXING
AND DETERIVIINING THE OUTSTANDING INDEBTEDNESS OF THE
DISTRICT AS OF January 27,1960;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 how said withdrawal from
said District will affect the operations of the sewerage system of
the District.
NOW,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 27,1960 the following indebtedness against the funds of
the District:
OUTSTANDING INDEBTEDNESS OF COUNTY SANITATION DISTRICT
NO.7
AS OF JANUARY 27,1960
Operat-Accumulated 1951-Bond 1954-Fixed
ing Capital Interest &Obligations Total
Fund Outlay Fund Sinking Fund Fund
_____________
None $990,446.82 $532,670.00 $217,829.75 $1,740,946.57
Section 2.That the total outstanding indebtedness for said
Councy Sanitation District No.7 as of January 27,1960 is One
Million,Seven Hundred Forty Thousand,Nine Hundred Forty-six
dollars and Fifty-seven Cents ($1,740,946.57).
—1-
Section 3.That the proposed withdrawal of territory described
in the withdrawal petitions of Gordon,et al,dated October 3,1959,
will not be materially detrimental to the operation of its sewerage
system as now owned and operated by the District,
STATE OF CALIFORNIA)
SB
COUNTY OF ORANGE )
I,FRED A.HARPER,Secretary pro tern 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.734-7
was regularly passed and adopted at a regular adjourned meeting of
said Board on the 27th day of January,19G0,by the following roll
call vote,to wit:
AYES:Directors Jerome iCidd,Charles E,Hart,A.Allen Hall,
Rex A.Parks,A.H.Meyers and C.M.Featherly
NOES:Directors None
ABSENT:Directors None
IN WITNESS WHEREOF,I have hereunto set my hand and affixed the
official seal of County sanitation District No.7 of Orange County,
California,this 27th day of January,1960.
Fred A.Harper,Secretar~em
Board of Directors of County
Sanitation District No.7 of
Orange County,California
-2-