Resolution Number 92-8-18-12RESOLUTION NO. 92-8-18-12
SETTING AD VALOREM TAX RATE - FISCAL YEAR 1992-93
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN
JUAN CAPISTRANO, CALIFORNIA, ESTIMATING AMOUNT OF
MONEY TO BE RAISED BY AD VALOREM TAXATION IN THE CITY
OF SAN JUAN CAPISTRANO DURING THE FISCAL YEAR 1992-93
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 1990 General Obligation Bonds of the City of San Juan
Capistrano (Open Space Program) (the "Bonds"), Series "A" of 1991 General Obligation
Bonds (Open Space Program) and series "A" of 1992 General Obligation Bonds (Open
Space Program).
NOW, THEREFORE, BE IT RESOLVED, that 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 1992-93 for the payment of debt service on the
Bonds is $0.0784 (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 (Issue #0 $0.0184
Series "A" of 1991 (Issue #2) $0.0319
Series "A" of 1992 (Issue #3) $0.0281
SECTION 2
The Auditor -Controller of Orange County is hereby directed to make three
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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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 18th day
of August 1992.
NES, 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. 92-8-18-12 adopted by the City Council of the City of San Juan
Capistrano, California, at a regular meeting thereof held on the 18th day
of August , 1992, by the following vote:
AYES: Councilmen Friess, Hausdorfer, Harris, vasquez,
and Mayor Jones
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL) �
CHERYL JOHO
NC ��
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