Reso 0824-08/1988 RESOLUTION NO. 824
RESOLUTION OF THE BOARD OF DIRECTORS OF THE
SAN MARCOS COUNTY WATER DISTRICT
FINDING AND DECLARING THE AMOUNT OF MONEY
TO BE RAISED BY TAXATION FOR THE TAX YEAR 1988-1989
WHEREAS, the San Marcos County Water District, by
Resolution No. 415, elected to fix its own rates of taxation in
accordance with Sections 31702.1 through 31702.4 of the Water
Code of the State of California.
NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE SAN
MARCOS COUNTY WATER DISTRICT DETERMINES AND ORDERS as follows:
Section 1: That the Board of Directors estimates
that the minimum amount of money required to be raised by taxes
for the payment of principal and interest on the bonded debt
incurred by the San Marcos County Water Distict, EXCEPTING
THEREFROM IMPROVEMENT DISTRICT 'A' is $120,000 during the
Fiscal Year 1988-1989.
The Board of Directors hereby certifies to the Board
of Supervisors and the Auditor of San Diego County that the
Board has fixed a tax rate of .00791 per $100.00 assessed
valuation on all taxable property and improvements within the
whole of San Marcos County Water District, EXCEPTING THEREFROM
IMPROVEMENT DISTRICT 'A', for the payment of principal and
interest on the bonded debt, that will be incurred and fall due
during the 1988-1989 Fiscal Year.
Section 2: That the Board of Directors estimates
that the minimum amount of money required to be raised by taxes
for payment of principal and interest on the bonded debt
incurred by Improvement District Number 1 of the San Marcos
County Water District is Nil during the Fiscal Year 1988-1989.
Section 3: That the Board of Directors estimates
that the minimum amount of money required to be raised by taxes
for the payment of principal and interest on the bonded debt
incurred by Improvement District Number 2 of the San Marcos
County Water District is Nil during the Fiscal Year 1988-1989.
Section 4: That the Board of Directors estimates
that the minimum amount of money required to be raised by taxes
for the payment of principal and interest on the bonded debt
incurred by Improvement District Number 5 of the San Marcos
County Water District is Nil for the Fiscal Year 1988-1989.
Section 5: That the Board of Directors estimates
that the minimum amount of money required to be raised by taxes
for the payment of principal and interest on the bonded debt
Resolution No. 824
Page 2
incurred by Improvement District Number 6 of the San Marcos
County Water District is $80,000 during the Fiscal Year
1988-1989.
The Board of Directors hereby certifies to the Board
of Supervisors and the Auditor of San Diego County that the
Board has fixed a tax rate of .00648 per $100.00 assessed
valuation on all taxable property and improvements within
Improvement District Number 6 of the San Marcos County Water
District for payment of principal and interest on the bonded
debt that will be incurred and fall due during the 1988-1989
Fiscal Year.
Section 6: That the Board of Directors estimates
that the minimum amount of money required to be raised by taxes
for the payment of principal and interest on the bonded debt
incurred by Improvement District Number "A" of the San Marcos
County Water District is Nil during the Fiscal Year 1988-1989.
Section 7: That no taxes have been assessed on
delinquent water bills.
Section 8: The Secretary of the San Marcos
County Water District is hereby directed to provide the Board
of Supervisors and the County Auditor of San Diego County with
a true and correct copy of this resolution.
PASSED, APPROVED AND ADOPTED this 15th day of
August, 1988, by the following roll call vote:
AYES: Directors: Mahr, Mason, Newport, Ferguson
NOES: Directors:
ABSTAIN: Directors:
San Marcos County Water District
ATTEST:
ary C ~kscales, Assistant 5ecretarv
Board 6f Directors
San Marcos County Water District