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Reso 0603-06/1981 137 RESOLUTION NO. 603 RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAM MARCOS COUNTY WATER DISTRICT, CALIFORNIA, AMENDING RESOLUTION NO. 550, AS PREVIOUSLY AMENDED, THE RESOLUTION OF INTENTION IN CON- NECTION WITH ASSESSMENT DISTRICT NO. 76-2 (MT. WHITNEY) WHEREAS, the Board of Directors of the San Marcos County Water District has heretofore adopted its Resolution No. 550 entitled "Resolution of the Board of Directors of the San Marcos County Water District, Declaring its Intention'to Order the Acquisition of Certain Property and the Construction of Certain Improvements and to Form Assessment District No. 76-2 (Mt. Whitney)"; and WHEREAS, this Board of Directors has also heretofore adopted its Resolution No. 572 entitled "A Resolution of the Board of Directors of the San Marcos County Water District, California, Amending Resolution No. 550, The Resolution of Intention, and Declaring the Intention of the Board to Conduct a Public Hearing in Connection with Assessment District No. 76-2 (Mt. Whitney)": and WHEREAS, pursuant to the provisions of Sections 8650.1 and 10352 of the Streets and Highways Code of the State of California, this Board of Directors wishes to provide that the principal amount of bonds to be issued for Assessment District No. 76-2 shall be other than an amount equal to an even annual proportion of the aggregate principal of said bonds, NOW, THEREFORE, the Board of Directors of the San Marcos County Water District HEREBY DOES FIND, DETERMINE, RESOLVE AND ORDER that the aforesaid Resolution No. 550, as amended by Resolution No. 572, hereby is further amended to provide that the principal amount of bonds for Assessment District No. 76-2 maturing in each year shall be as follows: -1- 139 Year Ending July 2 Principal Maturing 1982 $ 49,759.34 1983 200,000.00 1984 250,000.00 1985 300,000.00 1986 350,000.00 1987 450,000.00 1988 500,000.00 1989 500,000.00 1990 500,000.00 1991 500,000.00 1992 500,000.00 1993 480,000.00 1994 400,000.00 1995 400,000.00 1996 200,000.00 ADOPTED, SIGNED AND APPROVED this 29th day of June, 1981, by the following vote: AYES: Directors: Holm, Waller, Mason, Mahr, Ferguson NOES: Directors: None - ABSTAIN: Directors: None ABSENT: Directors: None (SEAL) ATTEST: -2-