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Resolution Number CVWD 99-8-3-2RESOLUTION NO. CVWD 99-8-3-2 ' SETTING AD VALOREM TAX RATE - FISCAL YEAR 1999-2000 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO VALLEY WATER DISTRICT, ADOPTING BUDGET FOR THE REDEMPTION OF 1972 GENERAL OBLIGATION BONDS FOR FISCAL YEAR 1999-2000 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, does hereby RESOLVE, DETERMINE AND ORDER as follows: SECTION 1. The amount of money required by taxation for the Capistrano Valley Water District (the "District") for the redemption of bond principal and interest forthe 1972 General Obligation Bonds for Fiscal Year 1999-2000 is $48,825.00. 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 1999-2000 and to enter such rate on the records of the Orange County Assessor and the Capistrano Valley Water District. 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 Vivienne Thornton, Revenue and Budget Unit, Finance Building, P. O. Box 567, Santa Ana, California 92702-0567 with a certified copy of this resolution. August PASSED, APPROVED, AND ADOPTED '1999. ATTEST: GIL CLERK OFTgo—mm -1- day of 097 M STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) I, CHERYL JOHNSON, Clerk of the Board of the Capistrano Valley Water District, DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No. CVWD qq_R_ 3-2 adopted by the Capistrano Valley Water District Board of Directors at a regular meeting thereof held on the 3rd day of August 11999, by the following vote: AYES: Directors Swerdlin, Greiner, Campbell and Chairman Jones NOES: None ABSTAIN: None ABSENT: Director Hart (SEAL) l CHERYL JOHNSV, C RK OF THE BOARD -2- �7 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) District; AFFIDAVIT OF POSTING I, CHERYL JOHNSON, declare as follows: That I am the duly appointed and qualified Clerk of the Capistrano Valley Water That in compliance with State laws of the State of California and in further compli ce with August District Resolution No. 99-1-5-1, on , 1999, I caused to be posted: the 10th day of RESOLUTION NO. CVWD 99-8-3_2 being SETTING AD VALOREM TAX RATE - FISCAL YEAR 1999-2000 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO VALLEY WATER DISTRICT, ADOPTING BUDGET FOR THE REDEMPTION OF 1972 GENERAL OBLIGATION BONDS FOR FISCAL YEAR 1999-2000 in three (3) public places in the City of San Juan Capistrano, to wit: City Hall; Community Center Reception area, Orange County Public Library. CHERYL JO iV S(iiN, CLERK OF THE BOARD 099