Res 03-065RESOLUTION NO. 03-065
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF POWAY, CALIFORNIA,
ESTABLISHING THE FIRE PROTECTION TAX, THE STREET AND WATER
AND SEWER ASSESSMENTS, AND THE ROAD IMPROVEMENT ASSESSMENTS
TO BE COLLECTED ON THE PROPERTY TAX ROLL
FOR FISCAL YEAR 2003-2004
WHEREAS, the City Council of the City of Poway desires to have the Fire
Protection Tax and Street and Water and Sewer Improvement A Is, and Road
Improvement ,~ ls collected on the property tax rolls; and
WHEREAS, at a regular meeting of the Poway City Council, the amounts to be
collected have been set forth in a public report, the public has been allowed ~
on th and this action has been duly advertised as required by law; and
WHEREAS, this action is authorized by the laws of the State of California.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Poway
as follows:
Section 1. That the sum of :1 $580,000.00 shall be collected on the
property tax roll in the form of a Fire Protection Special Tax of $3.12 per point as
authorized by Ordinance No. 476 of the City of Poway.
Section 2. That the sum of $49,001.80 is required to be collected for the payment of
principal and interest on bonds issued for the benefit of A l District 96-1 (High
Valley Road) for the construction of improvements on High Valley Road. This sum shall
be collected on the 2003-2004 San Diego County Tax Rolls to provide for the payment
of interest and principal of said bonds at maturity.
Section 3. That the sum of not to exceed $30,000.00 is required to be collected for
the payment of principal and interest on bonds issued for the benefit of A ~
District 2001-1 (Old Coach Road Water Line) for the purpose of financing the purchase
of certain water line imp in the Old Coach Road area. This sum shall be
collected on the 2003-2004 San Diego County Tax Rolls to provide for the payment of
interest and principal of said bonds at maturity.
Section 4. That the sum of $5,460.72 is required to be collected for repayment of the
Budwin Lane Road street improvement neighborhood loan program. This sum shall be
collected on the 2003-2004 San Diego County Tax Rolls to provide for the payment of
interest and principal of said loan.
Section 5. That the sum of $8,486.36 is required 1o be collected for repayment of the
Old Espola Road sewer improvement neighborhood loan program. This sum shall be
collected on the 2003-2004 San Diego County Tax Rolls to provide for the payment of
interest and principal of said loan.
Resolution No. 03 -065
Page 2
Section 6. That the sum of $676.26 is required to be collected for repayment of the
Ann-O-Reno Lane street improvement neighborhood loan program. This sum shall be
collected on the 2003-2004 San Diego County Tax Rolls to provide for the payment of
interest and principal of said loan.
Section 7. That the sum of $2,468.76 is required to be collected for repayment of the
Jerome Drive street improvement neighborhood loan program. This sum shall be
collected on the 2003-2004 San Diego County Tax Rolls to provide for the payment of
interest and principal of said loan.
Section 8. That the City Clerk is instructed to forward a certified copy of this
resolution to the Clerk of the Board of Supervisors and the Auditor/Controller of the
County of San Diego.
PASSED, ADOPTED AND APPROVED by the City Council of the City of Poway
at a reg ' .;I thereof this 29th day of July 2003.
ATTEST:
L~orl ~n:Pec~ples, "'~ '~--~
City Clerl~
Michael P. C
gn~Mayor
Resolution No. 03-065
Page 3
STATE OF CALIFORNIA )
) SS.
COUNTY OF SAN DIEGO )
I, Lori Anne Peoples, City Clerk of the City of Poway, do hereby certify under
penalty of perjury that the foregoing Resolution No. 03-065 was duly adopted by the
City Council at a meeting of said City Council held on the 29th day of July 2003, and
that it was so adopted by the following vote:
AYES:
EMERY, GOLDBY, HIGGINSON, REXFORD, CAFAGNA
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
Lori/[,nne Peoples, Cit~ Cle~
City Of Poway