Reso 0588-04/1981 RESOLUTION NO. 588
RESOLUTION OF THE BOARD OF DIRECTORS OF
SAN MARCOS COUNTY WATER DISTRICT, CALI-
FORNIA, DETERMINING UNPAID ASSESSMENTS
AND THE MANNER OF PAYMENT THEREOF AND
LISTING THE BONDS TO BE ISSUED ON THE
SECURITY THEREOF
Assessment District No. 76-2
WHEREAS, by its Resolution No. 579, this Boardof Directors confirmed an
assessment on lands lying within Assessment District No. 76-2 (Mt. Whitney)
of said District; and
WHEREAS, by its REsolution No. 581-A, this Board of Directors revised said
assessment and ordered the assessment and diagram, as so revised, to be record-
ed and filed as required by the Municipal Improvement Act of 1913; and
WHEREAS, said assessment and diagram, as so revised, were recorded and
filed as ordered and required on January 23, 1981; and
WHEREAS, by its Resolution No. 581-B, this Board of Directors further
revised the aforesaid assessment and ordered the hssessment and diagram, as
further revised, to be recor.ded and filed as required by the Municipal Improve-
ment Act of 1913; and
WHEREAS, said assessment and diagram, as further revised, were recorded
and filed as ordered and required on February 26, 1981; and
WHEREAS, a list of unpaid assessments has been filed in the Office of 'the
Auditor of the San Marcos County Water District pursuant to Section 8620 of
said Code and the Engineer has determined that the aggregate amount of unpaid
assessments is the amount of $5,579,759.34; and
WHEREAS, said proceedings provided that bonds would be issued pursuant to
the Improvement Bond Act of 1915, Division 10 of said Code; and
WHEREAS, the bonds proposed to be issued are as described in Resolution 586,
NOW, THEREFORE, the Board of Directors of the San Marcos County Water
District DOES HEREBY FIND, RESOLVE, DETERMINE AND ORDER as follows:
SECTION 1. The unpaid assessments upon the security of which the bonds
are to be issued are determined to be as set forth in the list referred to in the
recitals hereof.
SECTION 2. Said unpaid assessments shall be payable in the manner provided
in Sections 8760 et seq. of the Streets and Highways Code and shall be payable
in the same manner and at the same time and in the same installments as the
Resolution No. 588
general taxes of the District on real property are payable. Pursuant to Section
8761 of said Code, a copy of this resolution and a copy of the list of unpaid
assessments filed in the office of the Auditor of the District shall be filed in
the office of the Auditor of San Diego County, California. Said Auditor shall
enter in his assessment roll on which taxes will next become due the amount
coming due the fiscal year covered by the applicable assessment roll pursuant to
said Sections 8760 et seq.
SECTION 3. Bonds in the aggregate principal amount of $5,579,759.34 shall be
issued as provided for in the aforesaid Resolution No. 586.
ADOPTED, SIGNED AND APPROVED this 6th day of April, 1981, by the following
roll call vote:
AYES: Directors: Holm, Waller, Mason, Mahr, Ferguson
NOES: Directors: None
ABSTAIN: Directors: None
ABSENT: Directors: None
473
STATE OF CALIFORNIA )
) sso
COUNTY OF SAN DIEGO )
I, JAMES F. McKAY, Secretary of the San Marcos County Water District,
California, DO HEREBY CERTIFY that the foregoing is a full, true and correct
copy of Resolution No. 588 of the Board of Directors of said District, and
that the same has not been amended or repealed,
DATED April 6, , 1981.
Secretary, San Marcos County
Water District
(SEAL)
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