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HomeMy WebLinkAbout1958-08-20; Municipal Water District; Resolution 83< 1 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 3 3 3 -- \ - RESOLUTION NO. 83 RESOLUTION QF THE BOARD OF DIRECTORS OF THE CARLSBAD MUMICLPAL WATER DISTRICT DETERRUINING THE AMOUNTS NECESSARY TO BE RAISED BY TAXATION IN THE CARLSBAD lMUMCIPAL WATER DISTRICT, INIPROVEMENT DISTRICT NO. 1 OF THE CARLSBAD MUNICIPAL WATER DISTRICT AND IMPROVE- MENT DISTRICT NO. 2 OF THE CARLSBAD MUMCIPAL WATER DISTRICT DURLNG THE FISCAL YEAR COMIkENCING JULY 1,1958, AND ENDING JUNE 30, l@,%8, AND FMING THE FtATES OF TAX TO BE LBVIED FOR SUCH FISCAL YEAR. WHEREAS, Section 24, of the Municipal -Water District Act of 1911, as amended, provides that the Board of Directors of the Carlsbad Municipal Water Distrkt shall determine the amounts necessary to be raised by taxation during the fiscal year sand that the Board of Directors shall fix the rates of tax to be levied whi-ch raise the amounts of money required by the district; and WHEREAS, the Board of Directors of the Carlsbad Municipal -Water District are requid to certify to the Board of Supervisors of the County of San Diego the rate or rates so fixed and shall furnish to the said Board of Supervisors a statement in writing containing the following: (a) An estimate of the minimum amount of money required to be raised by taxation during the fiscal year %r the payment of the principal of and interest on any bonded debt of the district or an improvement district thereof afii 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. WHEREAS, the Carlsbad Municipal Water District did exclude certain territory from its boundaries by Ordinance No. 7 of said district, which was adopted on September 5 , 1956, and filed with the Secretary of State of State of California on October 24, 1956; and W?dEREAS, the said Secretary of State did on October 24, 1958, issue his certificate of exclusion; a certified copy of which was filed with the County Clerk of the County of San Diego on or about November 1, 1956; and WHEFWAS, at the time of the aforementioned exclusion no bonded indebted I : 1 A ! I 1 4 I 11 1 1 1 I 1 1 1 1 1 2 2 2 2 2 2 2 n c 2 2 7 c < & __ less existed against said excluded territory; and WmREAS there have been duly formed within the boundaries of the Zarlsbad Municipal Water District two improvement districts known as inprovement District No. 1 of the Carlsbad Municipal Water District and improvement District No. 2 of the Carlsbad Municipal Water District; and WliIEREAS, there now exists a bonded indebtedness against both said mprovement districts e WHEREAS, in the judgment of the Board of Directors of Carlsbad Muni- :ipal Water District the revenues of the d strict and the improvement districts ,herein will probably be inadequate to pay the principal and interest on the ionded debt of the improvement districts therein and all other amounts set fort1 n Section 22, Municipal Water District Act of i911, as amended. NOW THERXFORE BE IT RESOLVED BY THE BOARD OF DIEECTORS DF THE CARLSBAD WNICIPAL WATER DISTRICT AS FOLLOWS: 1. That the Board of Supervisors of the County of SAn Diego be furnished vith the following statements: a. That the Board of Mcectors of the Carlsbad Municipal Water District estimates that no monies are required to be raised by taxation during the fiscal year commencing July 1, 1958, and ending June 30, 1959 for the payment of principal and interest on any bonded debt of the Carlrabad Municipal Water District. b. That the Board of Directors of the Carlsbad Municipal Water District estimates that $ 10. QOO.00 taxation during the fiscal year commencing July 1, 1958, and ending June 30, 1959, for the payment of principal and interest on the bonded indebtedness of Improvement District No. 1 of the Carlsbad Municipal Water Ms tr ict . c. estimates that $ 6, 700.00 during the fiscal year commencing July 1, 1958, and ending June 30, 195s for the payment of principal and interest on the bonded indebtedness of Improvement District No. 2 of the Carlsbad Municipal Water District. is required to be raised by That the Board of Directors of the Carlsbad Municipal Watrer District is required be raised by taxation -2- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 22. 32 d. That the Board of Directors of the Carlsbad Municipal Water District estimates that $23, 000.00 is required to be raised by taxation during the fiscal year commencing July I, 1958, and ending June 30, 1959, for all other purposes of the Carlsbad Municipal Water District. e. That theBoard of Directors of the Carlsbad Municipal 'Water District estimates that $23,500.00 is required to be raised by taxation during the fiscal year commencing July 1, 1958, and ending Julie 36, IFEF, fcs all other purposes of Improvement District No. 1 of the Carlsbad Municipal Water District . f. That the Board of Directors of the Carlsbad Municipal Water District estimates that no monies are required to be raised by taxation during the fiscal year commencing July 1, 1958, and ending June 30, 1958, for all other purposes of Improvement District No. 2, of the Carlsbad Muni- cipal Water District. 2. That the Board of Directors of the Carlsbad Municipal Water District hereby determines that the amounts necessary to be raised by taxation during the fiscal year commencing July 1, 1958, and ending June 30, 1959, are as follows : a. For Carlsbad Municipal Water District; $23, 000.00. b. For Improvement District No. 1 of Carlsbad Municipal Water District: $10, 000.00 for payment of princjpal and interest on the bonded debt of said im- provement district; $22,500.00 for all other purposes of said improvement district. c. For Improvement District No. 2 of Carlsbad Municipal Water District; $6, 700.00 for payment of principal and interest on the bonded debt of said improvement district ; None for all other purposes of said improve- ment district. 3. That the Board of Directors of the Carlsbad Municipal Water District hereby fixes the rates of taxes to be levied in the Carlsbad Municipal Water District as follows: a. For Carlsbad Municipal Water District: -3- 1 1 7 8 9 10 11 (1) Nine cents ($. 09) for each $100.00 of assessed valuation on all properties within the boundaries of Carlsbad .Municipal Water District, property within the boundaries of Improvement District No. 1 of the Carlsbad Municipal Water District as such assessed valuations appear on the last equalized assessment roll of the County Assessor of County of San Diego, with such levy being made for bond retirement purposes. (2) Nine cents ($. 09) for each $100.00 of assessed valuation on all 14 15 12 13 on the last equalized assessment roll of the County Adsessor of County of San Diego, with such levy being made for &her purposes of said property within the boundaries of Improvement District No. 1 of the Carlsbad Municipal Water District as such assessed valuations appear I I I (1) One Dollar and Fifty Cents ($1.50) for each $100.00 of assessed valuation on all property within the boundaries of Improvement District purposes. 24 1; 25 Ildirects, that at the time and in the manner required by law for the levying of 26 litaxes for county purposes, that the Board of flupervisors of County of San Diego 1 2'' ish hall levy, in addition to such pffier tax as may be levied by said Board of Supervisors, at the rates heretofore fixed md determined by the Board of Direcbrs of Carlsbad Municipal Water District, taxes upon the property within '!the Carlsbad Municipal Water District; on the property within Improvement 4. That the Board of Directors of Carlsbad Municipal Water District hereby Ij I! i I' 26 /I 29 )I I i --. 50 11 31 (!District No. 1 of Carlsbad Municipal Water District and on the property within I 32 I1 1' I 1 District No. 2 of Carlsbad Municipal Water District as hereinakrove I -4- I il I 1 2 u 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 5.. 36 27 28 29 39 32 32 -_ ,A \ ', ' 11 c set forth. 5. That the Board of Diectors of the Carlsbad Municipal Water District hereby directs that the territory excluded from the Carlsbad Municipal Water District under the provision of Ordinance 7 of said District shall not be subject to taxation by the Carlsbad Municipal Water District or Improvement District No. 1 thereof. 6. That the Board of Directors of the Carlsbad Municipal Water District hereby directs that this Resolution shall take effect immediately and shall be effective for purposes of taxation during the fiscal year commencing July I, 1958, and ending June 30, 1959. 7. That the Secretary of the Carlsbad Municipal Water District is hereby authorized and directed to forward three (3) certified copies of this resolution to the Board of Supervisors of County of San Diego. PASSED, APPROVED, AND ADOPTED this 20th day of August, 1958, of Carlsbad fiunicipal Waler Distric A ATTEST: Secretary of the Board of Dir ectors of Carlsbad Municipal Water District -5-