HomeMy WebLinkAbout1983-08-16; City Council; Resolution 733001.
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RESOLUTION NO. 7330
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, FIXING THE AMOUNT OF REVENUE FROM PROPERTY TAXES NECESSARY TO PAY THE BONDED INDEBTEDNESS OF THE "1962SEWER BONDS, SERIES A, B, AND C" AND "1966 LIBRARY BONDS" FOR FISCAL YEAR 1983-84
WHEREAS, the City Council of the City of Carlsbad annually
-. Iixes asthe 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 dependent upon the beginning balance of each fund, and
WHEREAS, the beginning balance of the Library Bond fund is
sufficient to fund the Library Bond requirements during the
1983-84 fiscal year, and
WHEREAS, the beginning balance of the Sewer Bond Fund is
sufficient to support a portion of the annual Debt Service require-
ment, and
WHEREAS, revenue of approximately $ 100,000 will be necessary
to fund the remaining Sewer Bond requirements for the 1983-84
fiscal year;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City 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 neces-
sary to pay the bonded indebtedness of the "City of Carlsbad, 1966
Library Bonds" for the fiscal year commencing July 1, 1983, and
ending June 30, 1984, to be in the amount of $0.00.
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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, 1962 Sewer Bonds, Series A, B, and C for the fiscal
year commencing July 1, 1983, and ending June 30, 1984, to be
in the amount of $ 100,000. -i i’
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 above is $100,000.
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 (15)
fifteen days of its passage in a newspaper of general circulation.
PASSED, APPROVED AND ADOPTED, at a regular meeting of the
City Council on the 16th day of August, 1983, by the following
vote, to wit:
AYES Council Members Casler, Iewis , Kulchin, Chick and Prescott
NOES: None
ABSENT: None
ATTEST :
MARY CAgER, Mayor
(SEAL)
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