HomeMy WebLinkAbout1985-08-21; Municipal Water District; Resolution 4701- RESOLUTION NO. 470
RESOLUTION OF BOARD OF DIRECTORS OF COSTA REAL MUNICIPAL WATER DISTRICT
DETERMINING THE AMOUNTS NECESSARY TO BE RAISED
BY TAXATION IN 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
IMPROVEMENT DISTRICT NO. 4 OF THE COSTA REAL MUNICIPAL WATER DISTRICT DURING THE FISCAL YEAR COMMENCING JULY 1, 1985,
AND ENDING JUNE 30, 1986, AND FIXING THE RATES OF TAX TO BE LEVIED FOR SUCH FISCAL YEAR
AND
WHEREAS, Sections 72090 through 72099, inclusive, of the
I Water Code provide that the Board of Directors of COSTA REAL
MUNICIPAL WATER DISTRICT shall detegmine the amounts necessary to
be raised by taxation during the fiscal year and that the Board
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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
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
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 therein that will become due before the
proceeds of a tax levied at the next general tax levy
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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 three improvement
districts known as 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
MUNICIPAL 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, 1985, and ending June 30, 1986,
are as follows:
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(2) That
MUNICIPAL WATER
Improvement District No. 2 of COSTA REAL
MUNICIPAL WATER DISTRICT:
$20,000.00 for payment of principal and interest
on the bonded debt of said Improvement District.
None for all other purposes of the District.
Improvement District No. 3 of COSTA REAL MUNICIPAL WATER DISTRICT:
$34,259.00 for payment of principal and interest
on the bonded debt of said Improvement District.
None for all other purposes of the District.
Improvement District No. 4 of COSTA REAL MUNICIPAL WATER DISTRICT:
$30,000.00 for payment of principal and interest
on the bonded debt of said Improvement District.
None for all other purposes of the District.
the Board of Directors of the COSTA REAL
DISTRICT hereby fixes the rates of taxes to be
levied in the COSTA REAL MUNICIPAL WATER DISTRICT as follows:
(a) For Improvement District No. 2 of COSTA REAL
MUNICIPAL WATER DISTRICT:
(1) $.00244 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 valuations appear on the last equalized
assessment roll of the County Assessor of the County of San Diego, with such levy being made for bond retirement purposes.
(2) No levy is required on property within the
boundaries of Improvement District No. 2 COSTA
REAL MUNICIPAL WATER DISTRICT for all other purposes of said Improvement District.
(b) For Improvement District No. 3 of COSTA REAL MUNICIPAL WATER DISTRICT:
(1) $.01024 for each $100.00 of assessed
valuation on all properties within the boundaries of Improvement District No. 3 of
COSTA REAL MUNICIPAL WATER DISTRICT as such assessed valuations appear on the last equalized
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assessment roll of the County Assessor of the
County of San Diego, with such levy being made for bond retirement 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.
(c) For Improvement District No. 4 of COSTA REAL MUNICIPAL WATER DISTRICT:
(1) $.00132 for each $100.00 of assessed
valuation on all properties within the boundaries of Improvement District No. 4 of
COSTA REAL MUNICIPAL WATER DISTRICT as such assessed valuations appear on the last equalized assessment roll of the County Assessor of the County of San Diego, with such levy being made for bond retirement 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. 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 DISTRICT, as hereinabove set forth.
4. Any tax levies shall be made in accordance with all
applicable statutes in effect on the date of levying the tax rate
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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
taxation during the fiscal year commencing July 1, 1985, and
ending June 30, 1986.
7. That the Secretary of the COSTA REAL MUNICIPAL WATER
DISTRICT is hereby authorized and directed to forward three
certified copies of this Resolution to the Board of Supervisors
of the County of San Diego.
ADOPTED, SIGNED AND APPROVED this 21st day of August 1985.
ATTEST:
COSTA R AL MUN~PAL WATER DISTRICT and-qBoard of Directors thereof
COSTA REAL#UNICIPAL WATER DISTRICT
and the Board of Directors thereof
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PROPERTY TAX HI=
IHpROVEMEWi' DISTRCT NO. 1
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Tax Assessed Rate Valuations Tax Rate - Year (Millions) Per $100 A.K.
85-86 84-85 83-84 82-83 81-82 80-81 79-80 78-79 77-78 76-77
Tax Rate Year
85-86 84-85 83-84 82-83 81-82 80-81 79-80 78-79 ' 77-78 7677
-
Tax Rate Year
85-86 84-85 83-84 82-83 81-82 80-81 79-80 78-79 77-78 76-77
-
Tax Rate Year -
-85-86 84-85 83-84 82-83 81-82
80-81 79-80 78-79 77-78 76-77
2,398.8 2,114 -0 18847.3 1,731. 0 1,415.3
315.7 (1,262.8) 264.8 (1,059.2) 216.1 ( 864.4) 182.1 ( 728.4)
156.9 ( 627.6)
* 00000 .00374 .00435 .00449 .00525 .03 (.00751 .03 (.0875) .04 (.0100)
.OS (.0125)
.OS t.0125)
IMPROVEMENT DISTRICT NO. 2
Assessed Valuations Tax Rate (Millions 1 Per $100 A.V.
844.8 .00244 745.9 -00719 666.4 .00966 619.3 .00966 468.9 .00966 100.1 (400.4) .08 (.0200) 78.3 (313.21 .08 (.0200)
61.1 (244.4) .10 (.0250)
54.1 (216.4) .12 (.0300) 45.8 (183.2) .16 , (.0400) ._ .-- -
IMPROVEME" DISTRICT NO. 3
Assessed Valuations Tax Rate (Millions) Per $100 A.V.
335.5 .01024 261.6 .01358 204.6 .017%5 167.6 .02084 135.8 .OS066 29.6 (118.4) .20 (.OSOO)
23.1 ( 92.4) .20 ~.0500)
18.0 ( 72.0) .26 (.0650) 16.6 ( 66.41 .26 (.06501 14.9 ( 59.6) .28 (.07001
IMPROVEMENT DISTRICT NO. 4
Assessed Valuations Tax Rate (Millions) Per $100 A.V.
2,355.4 .00132 2,072.4 .002130 1,809.0 .00223 1,695.3 . a00223 1,381.3 .00273 308.3 (1,233.2) .02 (.00501 258.4 (1,033.6) .02 (.OOSO)
177.8 ( 711.2) .02 (.0050) 210.8 ( 843.2) .02 (.ooso)
154.4 ( 617.61 -02 (.oosa)
P
I.
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO
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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 a regular meeting of the
Board held on the 21st day of August 1985, and that it was
adopted by the following vote:
AYES : Directors: Almack, Haasl, Kelly, Maerkle
and Bonas
NOES : Directors: None
ABSENT: Directors: None
COSTA REAL M N CIPAL WATER DISTRICT and the Boa pr d of Directors thereof
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