Loading...
HomeMy WebLinkAbout1981-08-12; Municipal Water District; Resolution 420RESOLUTION NO. 420 RESOLUTION OF BOARD OF DIRECTORS OF COSTA REAL MUNICIPAL WATER DISTRICT BY TAXATION IN THE COSTA REAL MUNICIPAL WATER DISTRICT, DETERMINING THE AMOUNTS NECESSARY TO BE RAISED IMPROVEMENT DISTRICT NO. 1 OF THE COSTA REAL MUNICIPAL WATER DISTRICT IMPROVEMENT DISTRICT NO. 2 OF THE COSTA REAL MUNICIPAL WATER DISTRICT IMPROVEMENT DISTRICT NO. 3 OF THE COSTA REAL MUNICIPAL WATER DISTRICT AND IMPROVEMENT DISTRICT NO. 4 OF THE COSTA REAL MUNICIPAL WATER DISTRICT DURING THE FISCAL YEAR COMMENCING JULY 1, 1981, AND ENDING JUNE 30, 1982, AND FIXING THE RATES OF TAX TO BE LEVIED FOR SUCH FISCAL YEAR WHEREAS, Sections 72090 through 72099, inclusive, of the Water Code provide that the Board of Directors of Costa Real Muni- - cipal Water District shall determine the amounts necessary to be raised by taxation during the fiscal year and that the Board of Directors shall fix the rate or rates of tax to be levied which will raise the amounts of money required by the District; and 7 WHEREAS, the Board of Directors of Costa Real Municipal Water District is required to certify to the Board of Supervisors of the County of San Diego and the County Auditor of the County of San Diego the rate or rates so fixed and shall furnish a state- ment in writing containing the following: (a) An estimate of the minimum amount of money required to be raised by taxation during the fiscal year for the payment of the principal of and interest on any bonded debt of the District or an Improvement District therein that will become due before the proceeds of a tax levied at the next general tax levy will be available. (b) An estimate of the minimum amount of money required to be raised by taxation during the fiscal year for all other purposes of the District: and WHEREAS, there have been duly formed within the boundaries of the Costa Real Municipal Water District four improvement dis- tricts known as Improvement District No. 1 of the Costa Real Muni- cipal Water District, Improvement District No. 2 of the Costa Real Municipal Water District, Improvement District No. 3 of the Costa Real Municipal Water District, and Improvement District No. 4 of the Costa Real Municipal Water District; and WHEREAS, there now exists a bonded indebtedness against each of said Improvement Districts; and WHEREAS, in the judgment of the Board of Directors of the Costa Real Municipal Water District, the revenues of the District and the Improvement Districts therein will probably be inadequate to pay the principal and interest of the bonded debt of the said Improvement Districts and all other amounts set forth in Section 71616 of the Water Code. NOW, THEREFORE, THE BOARD OF DIRECTORS OF COSTA REAL MUNI- CIPAL WATER DISTRICT DOES HEREBY DETERMINE AND RESOLVE AS FOLLOWS: 1. That the Board of Directors of the Costa Real Municipal Water District hereby determines that the estimated minimum amounts necessary to be raised by taxation during the fiscal year commencing July 1, 1981 and ending June 30, 1982 are as follows: -2- Costa Real Municipal Water District: None for the payment of any principal and interest for bonded debt of said Water District. $ 200,100.00 for all other purposes of the District. Improvement District No. 1 of Costa Real Municipal Water District: $ 74,300.00 for payment of principal and interest on the bonded debt of said Im- provement District. None for all other purposes of the Dis- trict. Improvement District No. 2 of Costa Real Municipal Water District: $ 47,035.00 for payment of principal and interest on the bonded debt of said Im- provement District. None for all other purposes of the Dis- trict. Improvement District No. 3 of Costa Real Municipal Water District: $ 68,782.00 for payment of principal and interest on the bonded debt of said Im- provement District. None for all other purposes of the Dis- trict. Improvement District No. 4 of Costa Real Municipal Water District: $ 37,700.00 for payment of principal and interest on the bonded debt of said Im- provement District. None for all other purposes of the Dis- trict. 2. That the Board of Directors of the Costa Real Municipal - Water District hereby fixes the rates of taxes to be levied in the Costa Real Municipal Water District as follows: -3- (a) For Costa Real Municipal Water District: $ .01457 for each $100.00 of assessed valuation on all property within the boundaries of Costa Real Municipal Water District, as such assessed val- uation appears on the last equalized assessment roll of the County Assessor of the County of San Diego. (b) For Improvement District No. 1 of Costa Real Municipal Water District: (1) $ .00525 for each $100.00 of assessed valuation on all property within the boundaries of Improvement District No. 1 of Costa Real Municipal Water District, as such assessed val- uations appear on the last equalized assessment roll of the County Asses- sor of the County of San Diego, with such levy being made for bond retire- ment purposes. (2) No levy is required on property within the boundaries of Improvement District No. 1 of Costa Real Municipal Water District for all other purposes of said Improvement District. (c) For Improvement District No. 2 of Costa Real Municipal Water District: (1) $ -00966 for each $100.00 of assessed valuation on all property within the boundaries of Improvement District No. 2 of Costa Real Municipal Water District, as such assessed val- uations appear on the last equalized assessment roll of the County Asses- sor of the County of San Diego, with such levy being made for bond retire- ment purposes. (2) No levy is required on property within the boundaries of Improvement District No. 2 of Costa Real Municipal Water District for all other purposes of said Improvement District. (d) For Improvement District No. 3 of Costa Real Municipal Water District: (1) $ .05066 for each $100.00 of assessed valuation on all property within the boundaries of Improvement District No. 3 of Costa Real Municipal -4- c- Water District as such assessed Val- uations appear on the last equalized assessment roll of the County Asses- sor of the County of San Diego, with such levy being made for bond retire- ment purposes. (2) No levy is required on property within the boundaries of Improvement District No. 3 of Costa Real Municipal Water District for all other purposes of said Improvement District. (e) For Improvement District No. 4 of Costa Real Municipal Water District: (1) $ .00273 for each $100.00 of assessed valuation on all property within the boundaries of Improvement District No. 4 of Costa Real Municipal Water District, as such assessed Val- uations appear on the last equalized assessment roll of the County Asses- sor of the County of San Diego, with such levy being made for bond retire- ment purposes. (2) No levy is required on property within the boundaries of Improvement District No. 4 of Costa Real Municipal Water District for all other purposes of said Improvement District. 3. That the Board of Directors of Costa Real Municipal Water District hereby directs that, at the time and in the manner required by law for the levying of taxes for county purposes, the Board of Supervisors of the County of San Diego shall levy, in addition to such other tax as may be levied by said Board of Supervisors, at the rates heretofore fixed and determined by the Board of Directors of Costa Real Municipal Water District, taxes upon the property within the Costa Real Municipal Water District, Improvement District No. 1 of Costa Real Municipal Water District, - Improvement District No. 2 of Costa Real Municipal Water District, Improvement District No. 3 of Costa Real Municipal Water District, and Improvement District No. 4 of Costa Real Municipal Water Dis- -5- trict, as hereinabove set forth. 4. Any tax levies shall be made in accordance with all c_ applicable statutes in effect on the date of levying the tax rate by the Board of Supervisors. 5. That the Board of Directors of Costa Real Municipal Water District hereby directs that any territory previously excluded from the Costa Real Municipal Water District shall not be subject to taxation by Costa Real Municipal Water District or the Improvement District applicable or Improvement Districts of Costa Real Municipal Water District. 6. That the Board of Directors of Costa Real Municipal Water District hereby directs that this Resolution shall take effect immediately and shall be effective for purposes of taxa- tion during the fiscal year commencing July 1, 1981 and ending - June 30, 1982. 7. That the Secretary of the Costa Real Municipal Water District is hereby authorized and directed to forward three cer- tified copies of this Resolution to the Board of Supervisors of the County of San Diego. PASSED, APPROVED AND ADOPTED this 12th day of August, 1981. 2*-&.&g/&&+/ DONALD A. MacLEOD President of the Board of Directors of COSTA REAL MUNICIPAL WATER DISTRICT -6- ATTEST: 4i?&d4 FRE . MAERKLE Secretary of Board of Directors of COSTA REAL WATER DISTRICT STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) 1 ss I, FRED W. MAERKLE, Secretary of COSTA REAL MUNICIPAL WATER DISTRICT and of the Board of Directors thereof, DO HEREBY CERTIFY that the foregoing .Resolution was duly adopted by the Board of Directors of said District at an adjourned regular meeting of the said Board held on the 12th day df August, 1981, and that it was adopted by the following vote: r I ~ AYES : Directors: ALMACK, BONAS, KELLY, MacLEOD and MAERKLE NOES : Directors: None ABSENT: Directors: None FRED Wf MAERKLE Secretary of ,,$de Board of Directors of COSTA REAL UNICIPAL WATER DISTRICT -7-