HomeMy WebLinkAbout61-076RESOLUTION NO. 61-76 ORDERING TRANSFER OF
$2,000.00 FROM ORIGINAL SANTA ANA GARDENS SANI-
TARY DISTRICT FUNDS TO COUNTY AUDITOR OF ORANGE
COUNTY TO APPLY ON DISTRICT BOND REDEMPTION
WHERF2%S, heretofore, as the result of an annexation all of
the territory within the SANTA ANA GARDENS SANITARY DISTRICT became
a part of the CITY OF SANTA ANA, and as a result thereof said District
was dissolved and the balance of cash on hand belonging to said Dis-
trict was transferred to the CITY OF SARTA ANA; and
WHEREAS, the CITY has determined that this money should be
held in trust and used exclusively for said DISTRICT and that it
should be used over a number of years to reduce the tax rate u~on
properties in the DISTRICT which produce funds for payment of prin-
cipal and interest on said DISTRICT'S bonds;
NOW, THEREFORE, BE IT RESOLVED: That the sum of $2,000.00 is
hereby ordered to be paid to the County Auditor of Orange County,
California, after July 1, 1961 and before July 15, 1961, to be
credited to the account for the payment of principal and interest
due on the bonds of the former SANTA ANA GARDENS SANITARY DISTRICT so
that the amount necessary to be raised by ad valore~n taxation will be
reduced for the fiscal year 1961-1962.
PASSED AND ADOPTED by the City Council of the City of Santa
Aha at its regular meeting held on the
ATTEST: .
CLERK OF TH~. COUNCIL
STATE OF CALIFORNIA)
COUNTY OF ORANGE )
CITY OF SANTA ANA )
SS
I, MARION SUTTNER,
20th day of March , 1961.
do hereby certify that I am the Clerk of the
Council of the City of Santa Ana; that the foregoing Resolution was
regularly introduced to said Council at its regular meeting held on
the 2~th day of ~, 1961, and was at said meeting regularly
passed and adopted by the following vote, to-wit:
AYES,
COUNCILMEN: Royal E. Hubbard, Dale H. Heinly,
Bob Brewer, A. A. Hall
NOES,
ABSENT,
COUNCILMEN: Stanley C. Gould, Jr.,
COUNCILMEN: None
CLERK OF THE COUNCIL