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Reso 0698-08/1984 RESOLUTION NO. 698 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 1984-1985 WHEREAS, the San Marcos County Water_ District by Resolution No. 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 District, EXCEPTING THEREFROM IMPROVEMENT DISTRICT "A" is $108,263 during the Fiscal Year 1984-1985. 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 $0.00970 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 1984-1985 Fiscal Year. Section 2: 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 1 of the San Marcos County Water District is Nil during the Fiscal Year 1984-1985. 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 - NunVaer 2 of the San Marcos County Water District is Nil during the Fiscal Year 1984-1985. : 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 1984-1985. 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 Improvement District Number 6 of the San Marcos County Water District is $82,926 during the Fiscal Year 1984-1985. RESOLUTION NO. 698 , continued 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 $0.00889 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 1984-1985 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 1984-1985. 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 28th day of August, 1984, by the following roll call vote: AYES: Directors: Mason, Newport, Mahr, Ferguson NOES: Directors: None ABSTAIN: Directors: None ABSENT: Directors: Rutherford Board of Directors San Marcos County Water District ATTEST: