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Resolution Number CVWD 97-8-5-1001 RESOLUTIONNO. CVWD 97-8-5-1 SETTING AD VALOREM TAX RATE - FISCAL YEAR 1997-98 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO VALLEY WATER DISTRICT ADOPTING A BUDGET FOR THE REDEMPTION OF 1972 GENERAL OBLIGATION BONDS FOR FISCAL YEAR 1997-1998 WHEREAS, the Capistrano Valley Water District has heretofore issued 1972 General Obligation bonds in the sum of $700,000; and, WHEREAS, a specific tax rate is desired for voter approved indebtedness tax rates authorized by Revenue and Taxation Code Section 93 (a); and, WHEREAS, the tax rate necessary to raise the aforesaid sum of money will be calculated by the Orange County Assessor, in accordance with Sections 93 (a) and 97.65 of the Revenue and Taxation Code. ' NOW, THEREFORE, BE IT RESOLVED, that the Capistrano Valley Water District Board of Directors, do hereby as follows: SECTION 1. The amount of money required to be raised by taxation for the Capistrano Valley Water District (the 'District") for the redemption of bond principal and interest for the 1972 General Obligation Bonds for fiscal year 1997-98 is $48,281.00. SECTION 2. The Orange County Assessor is hereby authorized and directed to calculate the tax rate in accordance with Sections 93(a) and 97.65 of the Revenue and Taxation Code, for the redemption of the aforesaid 1972 General Obligation Bonds for the fiscal year 1997-98 and to enter such rate on the records of the Orange County Assessor and the Capistrano Valley Water District. -1- 002 SECTION 3. The City Clerk of the City of San Juan Capistrano is hereby directed to furnish the Office of the Auditor -Controller, County of Orange, Attention: Claire Moynihan, Revenue & Budget Unit, Finance Building, P.O. Box 567, Santa Ana, California 92702-0567 with a certified copy of this resolution. PASSED, APPROVED, AND ADOPTED this 5th day of August , 1997. NES, CHAIRMAN ATTEST: CITY CLERK -2- ' 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. CVWD 97-8-5-1 adopted by the Capistrano Valley Water District Board of Directors at a regular meeting thereof held on the 5th day of August 1997, by the following vote: AYES: Directors Campbell, Greiner, Hart, Swerdlin and Chairman Jones NOES: None ABSTAIN: None ABSENT: None (SEAL) L�. 10 WON • 6 1 -3- 003 004 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss AFFIDAVIT OF POSTING CITY OF SAN JUAN CAPISTRANO ) I, CHERYL JOHNSON, declare as follows: That I am 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 and in further compliance with City Resolution No. 83-12-20-3 and on the 7th day of August 11997, I caused to be posted: RESOLUTION NO. CVWD 97-8-5-1 , being SETTING AD VALOREM TAX RATE - FISCAL YEAR 1997-98 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO VALLEY WATER DISTRICT ADOPTING A BUDGET FOR THE REDEMPTION OF 1972 GENERAL OBLIGATION BONDS FOR FISCAL YEAR 1997-1998 in three (3) public places in the City of San Juan Capistrano, to wit: City Hall; Old Fire Station Recreation Complex; Orange County Public Library. CHECK LIST 0 VVV ORD. NO. RES. NO. 977-4- s ✓ Mayor has signed �— Clerk has signed Ti City Seal stamped All blanks typed in "Absent" a "Noes" "Abstain" Copies sent to post Ord. dist. file ail certified Legal Publication ordered to be published (date) No. Printed copies required (5 aL / n 'B3 fol CHERYL JOHNSON, CITY CLERK San Juan Capistrano, California