Reso 0282-06/1967 RESOLUTION NO. 282
RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAN
MARCUS COUNTY WATER DISTRICT REGARDING THE USE
AND THE EXPENDITURE OF PUNDS TO BE DERIVED FROM
THE DISTRICT BOND ISSUE IN THE AMOUNT OF ONE
MILLION TWO HUNDRED THOUSAND DOLLARS ($1,200,000) ,
THE ELECTION TO BE HELD JUNE 27, 1967
WHEREAS, the Board of Directors of the San Marcus County
water District has heretofore determined the necessity for the
District to create Improvement District No. 6 and Improvement
District No. 6 incur a bonded indebtedness in the amount of One
Million Two Hundred Thousand Dollars ($1,200,000], and
WHEREAS, the proceeds from said bond issue are to be
used to construct certain sewage outfall facilities pureunfit to
an agreement with the Vista Sanitation District, the City of
Carlshad and the Buena Sanitation District, and
WHEREAS, tile San Marcos County Water District has applied
to the State Water Quality Board for the determination of a priority
in order to enable the District to secure a grant from the United
States Government, said grant being in the approximate amount of
Two Hundred Sixty Thousand Dollars ($260,000), and
WHEREAS, the District has been advised that the Diszrict
has received 35.55 priority points and is number 19 on the A List
as compiled and promulgated by the State Water Quality Control
Board and
WHEREAS, there is some uncertainty within the community
of San Marcus and within the San Marcus County Water District
residents as to the Board of Directors' intentions in the use of
th funds to be derived from the Federal grant and the One Million
Two Nundred Thousand Dollar ($1,200,000) bond issue, alld
~HEREAS, the Board of Directors deeras it necessary to
declare its intentions in connection with the One Million Two
iiundred Thousand Dollar ($1,200,000) bond issue and the Federal
Grant in the amount of Two Hundred Sixty Thousand Dollars ($260,000),
NOW, THEBEFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE SAN MARCOS COUNTY WATER DISTRICT AS FOLLOWS:
-1-
Section 1: The Board of Directors of the San Marcos
County Water District does, by these presents, declare its inten-
tion to construct the sewage facilities to provide the San Marcos
County Water District with an ocean outfall sewage disposal system
at the least possible cost to the taxpayers, landowners.and resi-
dents of the San Marcos Counhy Water District.
Section 2: The Board of Directors further declares that
if the District receives a Federal grant in the approximate amount
of Two Hundred Sixty Thousand Dollars ($260,000), to be used as a
part of the cost of construction of the ocean outfall facilities,
said funds will be used to pay a portion of said construction costs
and that the Board of Directors of the San Marcos County Water
District will sell and issue only a sufficient amount of the bonds
voted upon on June 27, 1967, as is necessary to complete the pro-
posed project.
PASSED AND ADOPTED this 19th day of June, 1967, by the
following roll call vote:
AYES: Directors: Blanchard, Mahr, Paul, Trussell
NOES: Directors: None
ABSENT: Directors: Vanderbeck
San Marcos County Water District
ATTEST:
etarf~y/
-2-