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Resolution Number CVWD 92-7-21-1RESOLUTION NO. 92-7-21-1 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 FISCAL YEAR 1992-93 WHEREAS, the Capistrano Valley Water District has heretofore issued General Obligation Bonds, Zone 2, Series "C", in the sum of $349,000.00; 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 $32,198.00; 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 Budget for the redemption and and interest of the aforesaid General Obligation Bonds, Zone 2, Series "C", for the fiscal year 1992-93 be and is hereby established at $32,198.00. BE IT FURTHER RESOLVED that the Orange County Assessor be and 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 General Obligation Bonds, Zone 2, Series "C", for the fiscal year 1992-93 and to enter such rate on the records of the Orange County Assessor and the Capistrano Valley Water District. PASSED, APPROVED AND ADOPTED this 21st day of July, 1992 by the following vote: AYES: Directors Harris, Hausdorfer, Friess, Vasuez, Chairman Jones NOES: None ABSENT: None L—GIL JONES, CHAIRMAN �r Clerk of the Board 92-7-21-1. -A RESOLUTION 92-7-21-1 CERTIFICATE State of California ) ss. County of Orange ) 1, Clerk of the Board of Directors for the Capistrano Valley Water District, do hereby certify and declare that the above and foregoing Resolution was duly adopted by the unanimous vote of the Board of Directors present and voting at a regular meeting thereof held on the 21st day of July, 1992, at the hour of 6:30 PM. Clerk of the Board CAPISTRANO VALLEY WATER DISTRICT LI GFC(RG'ANN