Resolution Number CVWD 86-11-4-1RESOLUTION NO. 86-11-4-1
TAX RATES FOR THE REDEMPTION OF BONDS
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE CAPISTRANO VALLEY WATER DISTRICT
ADOPTING TAX RATES FOR THE REDEMPTION
OF GENERAL OBLIGATION BONDS FOR THE
FISCAL YEAR 1986-87
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 & B
3.
5661
Zone 2, 1963, Series A
4.
5681
Zone 3, Series A, B, do C
5.
97.02
Zone 2, Series C
6.
97.04
1972 Construction
WHEREAS, the amount of money required to be raised during the current fiscal
year for Bond Interest and Redemption for the aforesaid bonds is the total sum of
$315,010.00, as previously adopted by Resolutions No. 86-8-5-1, No. 86-8-5-2, and
No. 86-8-5-3, allocated as follows:
1.
1961
Construction
$140,425.00
2.
Zone
1, Series A & F
$
20,950.00
3.
Zone
2, 1963, Series A
$
19, 050.00
4.
Zone
3, Series A, B, & C
$
41, 865.00
5.
Zone
2, Series C
$
41,977.00
6.
1972
Construction
$
50,743.00
WHEREAS, the following tax rates necessary to raise the aforesaid sums of money
have now been established by the Orange County Assessor, in accordance with Sections
93(a) and 97.65 of the Revenue and Taxation Code:
1.
1961 Construction
.01003%
2.
Zone 1, Series A be F
.00164%
3.
Zone 2, 1963, Series A
.01619%
4.
Zone 3, Series A, B, & C
.00873%
5.
Zone 2, Series C
.02329%
6.
1972 Construction
.00321%
RESOLUTION NO. 86-11-4-1
CAPISTRANO VALLEY WATER DISTRICT
Page Two
NOW, THEREFORE, BE IT RESOLVED that the aforementioned tax rates set by
the Orange County Assessor are hereby adopted 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 she is hereby
authorized and directed to forward a copy of this Resolution to the Orange County
Auditor -Controller.
PASSED, APPROVED and ADOPTED this 4th day of November, August, 1986, by
the following vote, to -wit:
AYES: DIRECTORS: Bland, Buchheim, Friess, Hausdorfer, Schwartze
NOES: DIRECTORS: None
ABSENT: DIRECTORS: None
A T:
Clerk o e B6ard
STATE OF CALIFORNIA)
: ss.
COUNTY OF ORANGE )
Kenneth E. Friess, Chairman
Board of Directors
Capistrano Valley Water District
CERTIFICATE
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 4th day of November, 1986, at the hour of 6:30 p.m.
Clerk of the Board
CAPISTRANO VALLEY WATER DISTRICT
OSALE . MO RET
Mr