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HomeMy WebLinkAbout1961-08-15; Municipal Water District; Resolution 146RESOLUTION NO. 146 RESOLUTION OF BOARD OF DIRECTORS OF CARLSBAD MUNICIPAL WATER DISTRICT DETERMINING THE AMQUNTS NECESSARY TO BE RAISED BY TAXATION IN THE CARLSBAD ILITJNICIPAL WATER DISTRICT, IMPROVEMENT DISTRICT NO. 1 of CARLSBAD MUNICIPAL WATER DISTRICT, IMPROVEMENT DISTRICT NO. 2, OF CARLSBAD MUNICIPAL WATER DISTRICT, IMPROVEMENT DISTRICT NO. 3 OF CARLSBAD MUNICIPAL WATER DISTRICT, AND INIPROVENIENT DISTRICT NO. 4 OF CARLSBAD MUNICIPAL WATER DISTRICT DURING THE: FISCAL YEAR COMMENCING JULY 1, 1961 AND ENDING JUNE 30, 1962, AND FIXING THF: RATES OF TAXES TO BE LEVIED FOR SUCH FISCAL YEAR. WHEREAS, Section 34 of Municipal Water District Act of 1911, as amended, provided that the Board of Directors of Carlsbad Municipal 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 rates of tax to be levied which raise the amounts of money required by the district; and WHEREAS, the Board of Directors of Carlsbad Municipal Water Dis- trict are required 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 for the payment of the principal of and interest on any bonded debt of the district or an improvement district thereof as 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, 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 Secretary of State of State of California on October 24, 1956; and WHEREAS, 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 I, 1956; and WHEREAS, at the time of the aforementioned exclusion no bonded indebtedness existed against the said excluded territory; and WHEREAS, there have been duly formed within the boundaries of the Carlsbad Municipal Water District four improvement districts known as : Lmprovement District No. 1 of Carlsbad Municipal Water District, Improvement District No. 2 of Carlsbad Municipal Water District, Improvement District No. 3 of Carlsbad Municipal Water District, and Improvement District No. 4 of Carlsbad Municipal Water District. and; WHEREAS, there now exists a bonded indebtedness against said Im- provement District No. 1, said Improvement District No. 2, and said Improve- ment District No. 3; and WHEREAS, bonds in the sum of $690,000 have been authorized by the voters in Improvement District No. 4 and it is estimated by the Board of Directors that money will be required to be raised by taxation during the fiscal year for the payment of principal and interest on said bonds which will become due before the proceeds of a tax levied at the next general tax levy will be available; and WHEREAS, in the judgment of the Board of Directors of Carlsbad Municipal Water District, the revenues of the district and the improvement dis- tricts therein will probably be inadequate to pay the principal and interest on the bonded debt of the said improvement districts and all other amounts set forth in Section 23, Municipal Water District Act of 1911, as amended. NOW THEREFORE THE BOARD OF DIRECTORS OF CARLSBAD MUNICIPAL WATER DISTRICT DES HEREBY DETERMINE AND RESOLVE AS FOLLOWS: 1. That the Board of Directors of Carlsbad Municipal Water District hereby determines that the estimated minimum amounts necessary to be raised by taxation during the fiscal year commencing July 1, 1961 and ending June 30, 1962, are as follows: a. Carlsbad Municipal Water District: -2- b. C. d. e. 2. None for the payment of any principal and interest for bonded debt of said district. $14, 518.00 for all other purposes of the district. Improvement District No. 1 of Carlsbad Municipal Water District. $21, 186.00 for the payment of principal and interest 09 the bonded debt of said improvement district. None for all other purposes of said improvement district. Improvement District No. 2 of Carlsbad Municipal Water District. $14, 818.00 for the paymnt of principal and interest on the bonded debt of said improvement district. None for all other purposes of said improvement district. Improvement District No. 3 of Carlsbad Municipal Water District. $32, 000.00 for the payment of principal and interest on the bonded debt of said improvement district. None for all other purposes of said improvement district. Improvement District No. 4 of Carlsbad Municipal Water District $17, 165.00 for the payment of principal and interest on the bonded debt of said Improvement District None for all other purposes of said improvement district. That the Board of Directors of Carlsbad Municipal Water District hereby fixes the rates of taxes to be levied in the Carlsbad Municipal Water District as follows: a. b. C. For Carlsbad Municipal Water District: Fox cents ($. 04) for each $100.00 of assessed valuation on all properties within the boundaries of Carlsbad Municipal Water District, as such assessed valuation appears on the last equalized assessed roll of the County Assessor of County of San Diego, with such levy being made for all 0th r purposes of said district, other than for bond retirement purposes. For Improvement District No. 1 of Carlsbad Municipal Water District: Six cents ($. 06) for each $100.00 of assessed valuation on all property within the boundaries of Improvement District No. 1 of Carlsbad Municipal Water District as such assessed valuation appears on the last equalized assessment roll of the County Assessor of San Diego County, with such levy being made for bond retirement purposes. For Improvement District No. 2 of Carlsbad Municipal Water District : -3- d. e. 3. Ninety Three Cents ($, 93) for each $100.00 of assessed valuation on all property within the boundaries of Improvement District No. 2 of Carlsbad Municipal Water District as such assessed valuation appears on the last equalized assessed roll of the County Assessor of County of San Diego, with such levy being made for bond retirement purposes. For Improvement District No. 3 of Carlsbad Municipal Water District: Two Dollars and Forty Seven Cents ($2.47) for each $100.00 of assessed valuation on all property within the boundaries of Improvement District No. 3 of Carlsbad Municipal Water District as such assessed valuation appears on the last equalized assessment roll of the County Assessor of San Diego County, with such levy being made for bond retirement purposes. For Improvement District No, 4 of Carlsbad Municipal Water District : Five cents ($. 051 for each $100.00 of assessed valuation on all property within the boundaries of Improvement District No. 4 of Carlsbad Municipal Water District as such assessed valuktion appears on the last equalized assessed roll of the County Assessor of County of San Diego, with such levy being made for bond retirement purposes. That the Board of Directors of Carlsbad Municipal Water District hereby directs, that at the time and in the manner required by law for the levying of taxes for county purposes, that the Board of Supervisors of 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 Carlsbad Municipal Water District, taxes upon the property within the Carlsbad Municipal Water District; Improvement District No. 1 of Carlsbad Municipal Water District; Improvement District No. 2 of Carlsbad Municipal Water District; Improvement District No. 3 of Carlsbad Municipal Water Dis- trict, and Improvement District NO. 4 of Carlsbad Municipal Water District as hereinabove set forth. 4. That the Board of Directors of Carlsbad Municipal Water District hereby directs that the territory excluded from Carlsbad Municipal Water Dis- trict under the provisions of Ordinance 7 of said District shall not be subject to taxation by Carlsbad Municipal Water District or Improvement District No. 1 thereof. - 4- 5. That the Board of Directors of 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, 1961 and ending June 30, 1962. 6. That the Secretary of the Carlsbad Municipal Water District is hereby authorized and directed to forward three certified copies of this resolutioa to the Board of Supervisors of County of San Diego. PASSED, APPROVED AND ADOPTED this 15th day of August, 1961. of Carlsbad Municipal Wa District W ATTEST: Ecretary of the Bogrd ofrectors of Carls bad Municipal Water District -5 - STATE OF CALLFORNIA : COUNTY OF SANDBGO : : ss. I, RICHARD R. COE, Secretary of CARLSBAD 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 a regular meeting of the said Bosrd held on the 15th day of August, 1961, and that it was SO adopted by the following vote: AYES: Directors: Carnohan, Coe, Greek, Kelly and Maerkle NOES: Directors: None ABSENT: Directors: None ATTEST (Seal] Secretary of Carlsbad Municipal Water district and of the Board of Directors thereof. -6-