Minutes - 19410505 - Laserfiche WebLink

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~ t3i~ ORDEP. AUTBOHTZING gj5, 000.00 SCHGOL HII IhDiilG HONDS flHE6EAS, The County Hoard of Education of Orange County has esrti Pled to this Hoard a resolution passed by said County Hoard of Education on :Lay 5, lga showing that it is necessary 1n order to maint s!,n the cone ti tuts onal. six monthi' I school term in Or_nge County to provide ce rta!n school improvements described in sa!d re soY~ti on; and yl'dEnEA3, said re solution represents that no Punds are available for provl3- ing the school Saprovements described in said re solut7 on, and th¢t no provi sioq has been made 'oy lvc¢1 tax or otherwise 'oy which the said improvements can be provided, and the County Hoard of Education hes requeetedth!s Board to auth- orze and issue County Honds and to take all other necessary ste ys in order that said school improvements may be pro vlded; and }'dL FEAS, the Board of CommSssl on ors has carefully examined the facts and hss determined and hereby finds as a fact that St h.aa b=come tiv= duty o: sa±d Board of Comm Sssloner s, seta ng as an adminiatrative agent oP the Stste S.n providing n State Sy_tem of public school, to order the Sssuaree of 8;5,000.00 School Building Bonds of said County to pay the cost of presiding raid school improvements in order to msin lain the cons ti tali oral sir. months' school term; now, therefore, HE IT ORDEBED AND BEBOLVED by the 9oard of Gomm; ss Sonora Pbr the County of Orsn ge: 1. That horde of Orange County be issued pursuan*. to the County FSnancs Act, as amended, in an amount not exceeding ~flj5, 000.00 for the purpose of provid±ng funds Par paying the cost of providing the school Smprovemen to referred to Sn the first preamble of this bond order Sn order to maintaiq, the . constitutional e1x won the' school is rm in Orange County, such school improve- ments consisting of the following: Ere sting an additional sch ocl building on tho Caldwell School grounds, Ere v^ting an addition to the Aycock School. 2. That a tax sufficient to pay the principal and Interest of ea id 'condo when due shall b= ¢anuaily 1=_vied and collected. j. That s state went of the Ccunty debt has been filed with the Cie rk and Se open to public inspection. 4. That this order shall take ePfset thirty days after the first publlca- tion thereof ¢Pter final pa saage, unless in the ma antime a pe t!tSOr. for Sto submission to the voters is filed under acid Act and ths.t Sn such event it ;hall take offs et when approved by the voters oP the County at sn els cti on ss provided in 631d set. The foregoing order has been introduced and. a sworn statement has been filed under the County Finance Act, shovri ng the assessed valaatl vn of the County to ce 515, 007, j37.OD, and the net debt Por school puroos=_s, including the props sod bonds to be 8225,150.00. A Tax will be la vied for the payment of the proposed bonds ana interest, Sf tha same shall be Sesued. Any ci ti zen or tetp¢Ye: may protest against the Issuance of s¢1d band=_ at a meeting of the Hoard of Commissioners to be held at 10 o'clock A. M., Stay L0, 1941, or an adjournment thereof. S. W. Andrews (The above order de llvere3 to Clerk to Board of Cawm!ss the News Por publication in issue oP Play 3, 19h1.) CC :~. __I L'ED 0i: ;2:!T ?AGE