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Resolution Number CVWD 84-8-7-1RESOLUTION NO. 84-8-7-1 BUDGET - ZONE 2, SERIES "C" BONDS A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO VALLEY WATER DISTRICT ADOPTING A BUDGET FOR THE REDEMPTION OF GENERAL OBLIGATION BONDS, ZONE 2, SERIES "C", FOR THE FISCAL YEAR 1984-85. WHEREAS, the Capistrano Valley Water District has heretofore issued General Obligation Bonds, Zone 2, Series "C", in the sum of $349,000; and WHEREAS, the amount of money required to be raised during the fiscal year for Bond Interest and Redemption for the Zone 2, Series "C", Bond Issue is the sum of $29,593, and the sum required for the General Reserves of said Bond Issue for the period of July 1, 1985 through December 31, 1985 is $99471; and WHEREAS, the tax rate necessary to raise the aforesaid sum of money will be calculated by the Orange County Assessor. NOW, THEREFORE, BE IT RESOLVED that the Budget for the redemption and interest of the aforesaid General Obligation Bonds, Zone 2, Series "C", for the fiscal year 1984-85 and for the period of July 1, 1985 through December 31, 1985 be and is hereby established at $39,064. BE IT FURTHER RESOLVED that the Orange County Assessor be and he is hereby authorized and directed to calculate the tax rate for the redemption of the aforesaid General Obligation Bonds, Zone 2, Series "C", for the fiscal year 1984-85 and enter such rate on the records of the Orange County Assessor and the Capistrano Valley Water District. BE IT FURTHER RESOLVED that the Clerk of the Board shall be and he is hereby authorized and directed to forward a copy of this Resolution to the Orange County Auditor -Controller. RESOLUTION NO. 84-8-7-1 CAPISTRANO VALLEY WATER DISTRICT Page Two PASSED, APPROVED and ADOPTED this 7th day of August, 1984, by the following vote, to -wit: AYES: DIRECTORS: Hausdorfer, Schwartze, Bland, and Buchheim NOES: DIRECTORS: None ABSENT: DIRECTORS: Friess a4z ARY Y. HAUSDORFER hairman of the Board of Directors Capistrano Valley Water District ATTEST: E. PHIL LIP IOLE, Clerk of the Board STATE OF CALIFORNIA) : ss. COUNTY OF ORANGE ) I, Clerk of the Board of Directors of the Capistrano Valley Water District, do hereby certify and declare that the above and foregoing Resolution was duly adopted by the unanimous vote of all members of the Board of directors present and voting at a regular meeting thereof held on the 7th day of August, 1984, at the hour of 6:30 p.m. Clerk of the Board CAPISTRANO VALLEY WATER DISTRICT - k?40 ��" - B. PHILLIP HALIF