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Resolution Number CVWD 85-3-5-1RESOLUTION NO. 85-3-5-1 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO VALLEY WATER DISTRICT SETTING TAR RATES FOR THE REDEMPTION OF GENERAL OBLIGATION BONDS FOR THE FISCAL YEAR 1985-86. WHEREAS, the Capistrano Valley Water District has heretofore issued General Obligation Bonds identified and referred to as: 1. 5611 1961 Construction 2. 5641 Zone 1, Series A do B 3. 5661 Zone 2 4. 5681 Zone 3 5. 097.02 Zone 2, Series C WHEREAS, the amount of money required to be raised during the current fiscal year for Bond Redemption and Interest for the aforesaid bonds is the total sum of $263,996, allocated as follows: �.J 1. 1961 Construction $146,725 2. Zone 1, Series A do B $ 22,850 3. Zone 2 $ 20,400 4. Zone 3 $ 44,406 5. Zone 2, Series C $ 29,615 WHEREAS, the tax rates necessary to raise the aforesaid sums of money have been established by the Orange County Assessor, as follows: 1. 1961 Construction .01141% 2. Zone 1, Series A & B .00502% 3. Zone 2 .01543% 4. Zone 3 .01044% 5. Zone -2, Series C .02870% NOW, THEREFORE, BE IT RESOLVED that the amount of money required to be raised for bond redemption and interest is hereby established at $263,996. RESOLUTION NO. 85-3-5-1 - Page Two CAPISTRANO VALLEY WATER DISTRICT BE IT FURTHER RESOLVED that the aforementioned tax rates set by the Orange County Assessor are hereby established and directed to be recorded in 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 is hereby authorized and directed to forward a copy of this Resolution to the Orange County Auditor -Controller. PASSED, APPROVED and ADOPTED this 5th day of March, 1985, by the following vote, to -wit: AYES: DIRECTORS: Bland, Buchheim, Friess, Hausdorfer, and Schwartze NOES: DIRECTORS: None ABSENT: DIRECTORS: None JG Y AUSDORFER man of the Board of Directo Capistrano Valley Water District ATTEST: �� "G'/' F, E. PHILLIP HALE, lerk of the Board STATE OF CALIFORNIA) 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 5th day of March, 1985, at the hour of 6:30 p.m. Clerk of the Board CAPISTRANO VALLEY WATER DISTRICT :n2CL40 E. PHILLIP HALE