HomeMy WebLinkAboutResolution 1961 - 0914-7DETERMINING INDEBTEDNESS
RESOLUTION NO.914-7
A 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 JANUARY 20,1961,
AND DETERMINING THE EFFECT ON THE SEWERAGE SYSTEM OF
THE DISTRICT OF PROPOSED WIT}~RAWAL 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
f lied 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 20,1961 the following indebtedness against the funds of the
District:
OUTSTANDING INDEBTEDNESS OF COUNTY SANITATION DISTRICT
No.7
AS OF JANUARY 20,1961
Operat-Accumulated 1951-Bond,1954-Fixed
ing Capital Interest &Obligations Total Indebtedness
Fund Outlay Fund Sinking Fund Fund
__________________
None ~l,028,359.23 2$5iO,O2l.2~$215,132.61 $1,753,513.09
Section 2.That the total outstanding Indebtedness for said
County Sanitation District No.7 as of January 20,1961 is One Million,
Seven Hundred Fifty Three Thousand,Five Hundred ThIrteen Dollars and
Nine Cents.($1,753,513.09)
—1—
Section 3.That the proposed withdrawal of territory
described in the withdrawal petitions of Orange Park.Association,
Inc.,filed with the Board of Supervisors on November 30,1960,
will not.be materially d~imental to the operation of its sewer
age system as now owned arid operated by the District.
STATE OF CALIFORNIA)
Sc
COUNTY OF ORANGE )
I,FRED A.HARPER,Secretary of the Board o±Directors of
County Sanitation District No.7 do hereby certify that the
above and foregoing Resolution No~91’~-7 was regu1e~r1y passed
and adopted at an adjourned regular meeting of said Board on the
20th dc.y of January,1961,by the following roll call vote to wit:
~~YES:Directors Kidd,Cook,Hall,Meyers,Parks and 1r~1~eiri
Directors None
ABSENT~Directors None
IN WITN~SS WW~REOF,I have l~eunbo ~et r~iy h~md a~d affixed
the official seal of County San~tation D1str~ct No.7 this 23rd
day of Janu~ry,1.961.
P~’ed A.Harpe-~,Secre -
y 0
Board of Directors of County
Sanitation District No.7 of
Orange Covnty,California
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