Resolution Number OCWD NO. 4 95-7-18-2A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE CAPISTRANO VALLEY WATER DISTRICT
ADOPTING A BUDGET FOR THE REDEMPTION OF
1972 GENERAL OBLIGATION BONDS FOR FISCAL YEAR 1995-96
WHEREAS, the Capistrano Valley Water District has heretofore issued 1972
General Obligation Bonds in the sum of $700,000.00; 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 amount of money required to be raised during the current fiscal
year for bond interest and redemption for the 1972 General Obligation Bonds is the
sum of $52,306.00; 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 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 1972 General Obligation Bonds for the fiscal year 1995-96 and to 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 is hereby
authorized and directed to forward a copy of this resolution to the Orange County
Auditor -Controller.
PASSED, APPROVED AND ADOPTED this 18th day of July, 1995 by the
following vote:
AYES: Directors Campbell, Hart, Jones, Swerdlin and Chairman Nash
NOES: None
ABSENT: None
joheBoard
Carolyn J. NasK, Chairman
957182
CERTIFICATE
STATE OF CALIFORNIA )
ss.
COUNTY OF ORANGE )
I, Georg' Ann Scott, Clerk of the Board of Directors for the Capistrano Valley
Water District, do hereby certify and declare that the attached and foregoing
Resolution was duly adopted by a unanimous vote of the Board of Directors present
and voting at a regular meeting thereof held on the 18th day of July, 1995, at the
hour of 6:30 PM.
Clerk of the Board
CAPISTRANO VALLEY WATER DISTRICT