Resolution Number CVWD 96-7-16-2}
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RESOLUTION NO. 96-7-16-2
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 1996-97
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 $31,858.00 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 1996-97 be and is hereby established at $31,858.00.
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 1996-97 and to
enter such rate on the records of the Orange County Assessor and the Capistrano
Valley Water District.
PASSED, APPROVED AND ADOPTED this 16th day of July, 1996 by the
following vote:
AYES: Directors Campbell, Hart, Swerdlin and Chairman Jones
NOES: None
ABSENT: Director Nash = `�
ATTEST: Gil Jones, Chairman
Clerk of he Board
967162
AGENDA ITEM
October 15, 1996
TO: Honorable Board of Directors
� AFFROVE1
FROM: Ray A. Auerbach, General Manager
SUBJECT: Amending the Rules and Regulations of the Water Advisory
Commission
SITUATION
With the recent appointment of two new members, the Water Advisory
Commission has reviewed the Rules and Regulations and request amendments to
two items. The Rules and Regulations were originally adopted on July 6, 1970
and have become outdated (copy attached). The Commission requests two items
be amended as follows:
1. Section No. III - The Commission members shall include four (4) residents
of San Juan Capistrano and one (1) from the service area in Dana Point.
Originally, one of the five (5) members of the Commission was appointed
from the northern area of the District outside of city limits. When this area
(Spotted Bull) was annexed to the City, this requirement was not necessary.
2. Section No. VI - The meeting time be changed to 6:00 p.m., and the day be
changed to the Uvh1l Tuesday of every month.
FINANCIAL CONSIDERATIONS
None.
ALTERNATE ACTION
1. Approve Resolution No. 96-10-15-2 amending the Rules and Regulations of
the Water Advisory Commission.
2. Request additional information from staff.
RECOMMENDATION
By motion, approve Resolution No. 96-10-15-2 amending the Rules and
Regulations of the Water Advisory Commission.
Respe�Mlly itt ,
Ray A.A. Aue ach
General Manager
Attachment
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IAGNDIWACRES