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Reso 0732-08/1985RESOLUTION NO. 732 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 1985-1986 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 th~ Board of Directors est~mmtes 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 District, EXCEPTING THEREFROM IMPROVEMENT DISTRICT "A" is $91,722 during the Fiscal Year 1985-1986. The Board of Directors hereby certifies to the Board of Supervisors and the Aoaditor of San Diego County that the Board has fixed a tax rate of $0.00810 per $100.00 assessed valuation on all taxable property and ~,~rovements within thru whole of San Marcos County Water District, EXCEPTING THEREFROM IMPROVMMENT DISTRICT "A", for the payment of principal and interest on the bonded debt, that will he incurred and fall due during the 1985-1986 Fiscal Year. Section 2: That the Board of Directors est(rotates that thru m'in')rmm~ amount of money required to be raised by taxes for the paymmnt of principal and interest on the bonded debt incurred by Improvement District ~her 1 of the San Marcos County Water District is Nil during the Fiscal Year 1985 -1986. Section 3: That the Board of Directors estimates that the mini,~ amount of money required to be raised by taxes for the payment of principal and interest on the bonded debt incurred by Improvement District Resolution No. 732 Page 2 732 Number 2 of th~ San Marcos County Water District is Nil during the Fiscal Year 1985-1986. Section 4: That th~ 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 ~ber 5 of the San Marcos County Water District is Nil for the Fiscal Year 1985-1986. 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 incurred by lmprovement District Number 6 of the San Mmrcos County Water District is $64,103 during the Fiscal Year 1985-1986. 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 $0.00667 per $100.00 assessed valuation on all taxable property and ~mprovements within lmpro~=m~nt District ~her 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 1985-86 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 b~m~er "A" of the San Marcos County Water District is Nil during the Fiscal Year 1985-1986. bills. Section 7: That no taxes have been assessed on delinquent water Section 8: The Secretary of the San Marcos County Water District is hereby directed to provide thru Board of Supervisors and the County Auditor R~solution No. 732 Page 3 of San Diego County with a true and correct copy of this resolution. PASSED, APPROVED AND ADOPTED this 19th day of August, 1985, by the following roll call vote: AYES: NOES: ABSTA/~: ABSENT: Directors: Newport, Mason, Rutherford, Ferguson, Mahr Directors: None Directors: None Directors: None ATTEST: Board of Directors San Marcos County Water District William W. Rucker, Secretary Board of Directors San Marcos County Water District