HomeMy WebLinkAbout1981-08-14; City Council; Resolution 6645d. =L
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RESOLUTION NO. 6645
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSRAD, CALIFORNIA, FIXING THE AMOUNT OF REVENUE FROM PROPEZTY TAXES NECESSARY TO PAY THE BONDED INDEBTEDNESS OF THE "1962 SEWER BONDS. SERIES A- B, AND C" AND "1966 LIBRARY BONDS" FOR FISCAL YEAR 1981 -82
WHEREAS, the City Council of the City of Carlsbad annually fix as the
amount of revenue required from property taxes to fund the City debt service
funds, and
WHEREAS, the annual revenue requirements within each bond fund are dependen,
upon the beginning of each fund, and
WHEREAS, the beginning balance of the Library Bond fund is sufficient to
fund the ;Library Bond requirements during the 1981-82 fiscal year, and
WHEREAS, the beginning balance of the Sewer Bond fund is sufficient to
support a portion of the annual Debt Service requirement, and
WHEREAS, revenue of approximately $104,702 will be necessary to fund the
remaining Sewer Bond requirements for the 1981 -82 fiscal year;
NOW, THEREFOREy BE IT RESOLVED by the City Council of the CSty of Carlsbad
as follows:
Section 1: The City Council of the City of Carlsbad, pursuant to Section
51508 of the Government Code of the State of California, does hereby fix the
amount of revenue from property taxes necessary to pay the bonded indebtedness
of the "City of Carlsbad, '1966 Library Bonds'' for the fiscal year commencing
July l9 1981, and ending June 30, 1982, to be in the amount of $0.00.
Section 2: The City Council of the City of Carlsbad, pursuant to Section
51508 of the Government Code of the State of California, does hereby fix the
amount of revenue from property taxes necessary to pay the bonded indebtedness
of the "City of Carlsbad,l962 Sewer Bonds, Series A, B and C" for the fiscal
year commencing July 1 , 1981 and ending June 30, 1982, to be in the amount of
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$1 04,702.
Section 3: That the total amount of revenue from property taxes necessary
for all purposes pursuant to Section 51508 of the Government Code of the State
of California, and of Sections 1 and 2 hereinabove is $104,702.
Section 4: The City Clerk shall certify to the passage of this resolution
and cause the same to be published, as required by Section 36936.1 of the
Government Code, once within fifteen (15) days of its passage in the Carlsbad
Journal, a newspaper of general circulation printed and published in the City
of Carl sbad.
PASSED, APPROVED AND ADOPTED, at a regular meeting of the City Council on
the 18th Day of August, 7981, by the following vote, to wit:
AYES:
NOES: None
Council Embers Packard, Casler, hear, Lewis
ABSENT: Council Mer Kulchin
RONALD C. PACKARD, Mayor
9TTEST:
:SEAL)