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RESOLUTION NO. 61-76 ORDERING TRANSFER OF <br />$2,000.00 FROM ORIGINAL SANTA ANA GARDENS SANI- <br />TARY DISTRICT FUNDS TO COUNTY AUDITOR OF ORANGE <br />COUNTY TO APPLY ON DISTRICT BOND REDEMPTION <br /> <br /> WHERF2%S, heretofore, as the result of an annexation all of <br />the territory within the SANTA ANA GARDENS SANITARY DISTRICT became <br />a part of the CITY OF SANTA ANA, and as a result thereof said District <br />was dissolved and the balance of cash on hand belonging to said Dis- <br />trict was transferred to the CITY OF SARTA ANA; and <br /> <br /> WHEREAS, the CITY has determined that this money should be <br />held in trust and used exclusively for said DISTRICT and that it <br />should be used over a number of years to reduce the tax rate u~on <br />properties in the DISTRICT which produce funds for payment of prin- <br />cipal and interest on said DISTRICT'S bonds; <br /> <br /> NOW, THEREFORE, BE IT RESOLVED: That the sum of $2,000.00 is <br />hereby ordered to be paid to the County Auditor of Orange County, <br />California, after July 1, 1961 and before July 15, 1961, to be <br />credited to the account for the payment of principal and interest <br />due on the bonds of the former SANTA ANA GARDENS SANITARY DISTRICT so <br />that the amount necessary to be raised by ad valore~n taxation will be <br />reduced for the fiscal year 1961-1962. <br /> <br />PASSED AND ADOPTED by the City Council of the City of Santa <br /> <br />Aha at its regular meeting held on the <br /> <br />ATTEST: . <br /> <br />CLERK OF TH~. COUNCIL <br /> <br />STATE OF CALIFORNIA) <br />COUNTY OF ORANGE ) <br />CITY OF SANTA ANA ) <br /> <br />SS <br /> <br />I, MARION SUTTNER, <br /> <br />20th day of March , 1961. <br /> <br />do hereby certify that I am the Clerk of the <br /> <br />Council of the City of Santa Ana; that the foregoing Resolution was <br />regularly introduced to said Council at its regular meeting held on <br />the 2~th day of ~, 1961, and was at said meeting regularly <br />passed and adopted by the following vote, to-wit: <br /> <br />AYES, <br /> <br />COUNCILMEN: Royal E. Hubbard, Dale H. Heinly, <br /> Bob Brewer, A. A. Hall <br /> <br />NOES, <br />ABSENT, <br /> <br />COUNCILMEN: Stanley C. Gould, Jr., <br />COUNCILMEN: None <br /> <br /> CLERK OF THE COUNCIL <br /> <br /> <br />