Resolution Number 97-8-5-1057
RESOLUTION NO. 97-8-5-1
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
1997-98FOR 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
1990 General Obligation Bonds of the City of San Juan Capistrano (Open Space Program)
($462,352); Series "A" of 1991 General Obligation Bonds (Open Space Program) ($810,415);
and, Series "A" of 1992 General Obligation Bonds (Open Space Program)($560,110).
NOW, THEREFORE, the City Council of the City of San Juan Capistrano does
hereby resolve, determine and order as follows:
The amount of money needed to be raised by taxation in the City of San Juan
Capistrano (the "City") for Fiscal Year 1997-98 or the payment of debt service on the General
Obligation Bonds (Open Space Program) is $0.0767 (allocated below) 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.
Series 1990
Series "A" of 1991
Series "A" of 1992
(Issue #1)
$0.0193
(Issue #2)
$0.0339
(Issue #3)
$0.0235
The Auditor -Controller of Orange County is hereby directed to make these separate
levies and cause to be collected the amounts 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.
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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 5th day of
August , 1997.
DAVID . SyrEkbtfN, MAYOR
ATTEST:
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. 97-8-5-1 adopted by the City Council of the City of San Juan Capistrano,
California, at a regular meeting thereof held on the 5th day of Au¢ust
1997, by the following vote:
AYES: Council Members Jones, Greiner, Hart, Campbell
and Mayor Swerdlin
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
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