Resolution Number 99-8-3-1RESOLUTION NO. 99-8-3-1
SETTING AD VALOREM TAX RATE - FISCAL YEAR 1999-2000
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN
CAPISTRANO, CALIFORNIA, ESTIMATING THE AMOUNT OF
MONEY TO BE RAISED BY AD VALOREM TAXATION IN THE CITY
OF SAN JUAN CAPISTRANO DURING THE FISCAL YEAR 1999-2000
FOR DEBT SERVICE AND REQUESTING THE LEVY OF A TAX IN
THE CITY OF SAN JUAN CAPISTRANO
WHEREAS, pursuant to Sections 43632 and 43634 of the Government Code of the
State of California, the City Council shall levy and collect a tax as other City taxes are levied and
collected, sufficient to pay the interest and such part of the principal as will become due before the
proceeds of a tax levied at the next general tax levy will be available, on the Series "A" of 1998
General Obligation Refunding Bonds (Open Space Program) $1,643,851.
NOW, THEREFORE, the City Council of the City of San Juan Capistrano does
hereby RESOLVE, DETERMINE AND ORDER as follows:
SECTION 1.
The amount of money needed to be raised by taxation in the City of San Juan
Capistrano (the "City") for Fiscal Year 1999-2000 for the payment of debt service on the General
Obligation Refunding Bonds (Open Space Program) is $0.0628 per $100.00 of assessed valuation
of property located within the City. This tax rate is in compliance with Revenue and Taxation Code
Section 93(c) and secures bonds approved after January 1, 1989 for purposes of Article XVI, Section
16 of the California Constitution.
SECTION 2.
The Auditor -Controller of Orange County is hereby directed to make this levy and
cause to be collected the amount requested in Section 1 hereof at the time and in the manner of
levying other County taxes. These amounts shall be reported separately as remittances are made to
the City.
SECTION 3.
The City Clerk is hereby directed to furnish the Office of the Auditor -Controller,
County of Orange, 630 North Broadway, Santa Ana, California 92702, with a certified copy of this
resolution.
PASSED, APPROVED, AND ADOPTED this 3rd day of
August 11999. 1 -
ATTEST: JOHN GREINER, MA
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TY CLERI
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299
300
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, CHERYL JOHNSON, City Clerk of the City of San Juan Capistrano, California,
DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No.
99-8-3-1 adopted by the City Council ofthe City of San Juan Capistrano, California,
at a regular meeting thereof held on the 3rd day of August 1999, by the
following vote:
AYES: Council Members Jones, Swerdlin, Campbell and
Mayor Greiner
NOES: None
ABSTAIN: None
ABSENT: Council Member Hart
(SEAL)
E YL JOVSQX, CITY CLERK
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