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Resolution Number 85-7-16-2RESOLUTION NO. 85-7-16-2 ADOPTING GENERAL OBLIGATION BOND TAX RATE - FISCAL YEAR 1985-86 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 1985-86 FISCAL YEAR 113 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 1985-86; 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 1985-86 is 0.006258 of the full value of secured property pursuant to Section 93 of the California Revenue and Taxation Code. NOW, THEREFORE, BE IT RESOLVED that the General Obligation Bond tax rate for the City of San Juan Capistrano for fiscal year 1985-86 be and is hereby established as follows: General Obligation Bond Redemption: 0.006258 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 16th day of July 1 1985 ATTEST: CITY CLERI -1- 114 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, 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. 85-7-16-2 , adopted by the City Council of the City of San Juan Capistrano, California, at a regular meeting thereof held on the 16th day of July F 1985 , by the following vote: AYES: Councilmen Friess, Bland, Buchheim, and Mayor Schwartze NOES: None ABSENT: Councilman Hausdorfer (SEAL) MARY ANN 17 OVER, CITY CLERK -2- STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) and says: 115 AFFIDAVIT OF POSTING MARY ANN HANOVER, being first duly sworn, deposes That she is the duly appointed and qualified City Clerk of the City of San Juan Capistrano; That in compliance with State laws of the State of California, RESOLUTION NO. 85-7-16-2 , being: ADOPTING GENERAL OBLIGATION BOND TAX RATE - FISCAL YEAR 1985-86 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 1985-86 FISCAL YEAR was published in the Capistrano Valley News newspaper on. July 25 , 1985, and in further compliance with City Resolution No. 83-12-21-1, on July 18 , 1985, she caused said Resolution to be posted in three (3) public places in the City of San Juan Capistrano, to wit: City Hall; Old Fire Station Recreational Complex; Orange County Public Library. -3- MRY ANN' ,#ANOVER,-CITY CLERK San Juan apistrano, California -3-