Resolution Number 89-7-18-2185
RESOLUTION NO. 89-7-18-2
ADOPTING GENERAL OBLIGATION BOND TAX RATE - FISCAL YEAR 1989-90
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN
JUAN CAPISTRANO, CALIFORNIA, ESTABLISHING AND
IMPOSING AN AD VALOREM GENERAL OBLIGATION BOND TAX
RATE FOR THE 1989-90 FISCAL YEAR
WHEREAS, the City has heretofore issued General Obligation Bonds in the sum
of One Million Two Hundred Thousand Dollars ($1,200,000.00); and,
WHEREAS, revenue is required to be raised by property taxation to pay the
principal and interest and administrative charges payable on such General Obligation
Bonds due in fiscal year L989-90; and,
WHEREAS, the tax rate levied herein to raise the sums of money necessary for
bond redemption and interest and administrative charges due in the fiscal year 1989-90 is
0.00313% of the full value of secure property pursuant to Section 93 of the California
Revenue and Taxation Code; and,
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of
San Juan Capistrano that the General Obligation Bond tax rate for the City of San Juan
Capistrano for fiscal year 1989-90 is hereby established as follows:
General Obligation Bond Redemption
0.00313% of the full value of secured property.
BE IT FURTHER RESOLVED, that the City Clerk shall be and hereby is
authorized and directed to publish this Resolution in a local newspaper within fifteen (15)
days after adoption hereof.
BE IT FURTHER RESOLVED, that the City Clerk shall be and hereby is
authorized and directed to forward a copy of this Resolution to the County Auditor -
Controller of the County of Orange.
PASSED, APPROVED, AND ADOPTED this 18th day
of July , 1989.
ATTEST:
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
1, MARY ANN HANOVER, 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. 89-7-18-2 adopted by the City Council of the City of San Juan
Capistrano, California, at a regular meeting thereof held on the 18th day
of July 1989, by the following vote:
AYES: Councilmen Friess, Buchheim, Bland, Schwartze and
Mayor Hausdorfer
NOES: None
ABSENT: None
(SEAL)
-
ARY ANNVE , CITY CLERK
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