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Reso 0580-12/1980 RESOLUTION NO. 580 A RESOLUTION OF THE BOARD OF DIRECTORS OF SAN MARCOS COUNTY WATER DISTRICT DESIGNATING THE ENGINEER TO COLLECT AND RECEIVE ASSESSMENTS AND DIRECTING THE DISTRICT AUDITOR TO ESTABLISH A SPECIAL FUND FOR Assessment District No. 76-2 (Mt. Whitney) WHEREAS, by Resolution 579, of the San Marcos County Water District, this Board of Directors confirmed an assessment on lands lying within Assess- ment District No. 76-2, and ordered a report, assessment and diagram recorded in the office of the Engineer; and WHEREAS, it appears that the Engineer is covered by a blanket fidelity bond covering the faithful performance of his duties imposed by law in an amount deemed by this Board of Directors to be adequate; and WHEREAS, under the provisions of Section 10424 of the California Streets and Highways Code funds collected pursuant to an assessment under the Municipal Improvemnt Act of 1913 are required to be paid to the District Auditor and placed in a special fund designated by the name of the improvement pro- ceeding; NOW, THEREFORE, the Board of Directors of the San Marcos County Water District DOES HEREBY RESOLVE, DETERMINE AND ORDER as follows: Section 1. There is hereby created a special fund known as the "Assessment District No. 76-2 Fund". Section 2. The Engineer is hereby designated to collect and receive all funds paid on account of the assessment levied upon lands in Assessment District 76-2, either upon voluntary payment or as a result of sales. Section 3. The Engineer is hereby directed to pay to the District Auditor; and the District Auditor is directed to place all funds so received by him in the aforesaid Assessment District No. 76-2 Fund. Section 4. This Board of Directors hereby finds that the fidelity bond presently held by the San Marcos County Water District, covering the -1- Resolution No. 580 faithful performance by the Engineer and the District Auditor of the duties imposed upon them by laws, is adequate. ADOPTED, SIGNED AND APPROVED this 15th day of December 1980, by the following roll call vote: AYES: Directors: Holm, Waller, Mahr, Ferguson NOES: Di rectors: Mason ABSTAI N: Di rectors: None ABSENT: Directors: None