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HomeMy WebLinkAboutResolution 1960 - 0819RESOLUTION NO.819-7 RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO.7 OF ORANGE COUNTY,CALIFORNIA,FIXING AND DETERMINING THE OUTSTANDING INDEBTEDNESS OF THE DISTRICT AS OF APRIL 13,1960;AND DETERMINING THE EFFECT ON THE SEWERAGE SYSTEM OF THE DISTRICT OF PROPOSED 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,Califor nia;and WHEREAS,it is necessary to determine the 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. NOW,THEREFORE,the Board of Directors of County Sanita tion District No.7 does hereby FIND,DETERMINE AND RESOLVE as follows: Section 1.That County Sanitation District No.7 has, as of April 13,1960 the following indebtedness against the funds of the District: OUTSTANDING INDEBTEDNESS OF COUNTY SANITATION DISTRICT No.7 AS OF APRIL 13,1960 Operat-Accumulated 1951-Bond,1954-Fixed ing Capital Interest &Obligations Total Fund Outlay Fund Sinking Fund Fund _______________ None $968,745.16 $527,958.75 $215,718.95 ~l,7l2,422.86 Section 2.That the total outstanding indebtedness for said County Sanitation District No.7 as of April 13,1960 is One Million,Seven Hundred Twelve Thousand,!our Hundred Twenty Two dollars and Eighty-six cents.($1,712,422.86) -1— Section 3.That the proposed withdrawal of territory described in the withdrawal petitions of Barth,et al,dated February 18,1960 will be materially detrimental 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. STATE OF CALIFORNIA) $8 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 Resolu tion No.819-7 was regularly passed and adopted at a regular meeting of said Board on the 13th day of April,1960,by the following roll call vote,to wit: AYES:DIRECTORS Jerome Kidd,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 anc1. affixed the official seal of County Sanitation District No.7 of Orange County,California,this 13th day of April,1960. Fred A.Hacper,Secretary pro tern Of the Board of Directors of County Sanitation District No.7 Of Orange County,California -2~