Res 92-171RESOLUTION NO, 92- 171
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF POWAY, CALIFORNIA,
ESTIMATING THE AMOUNT NECESSARY TO BE RAISED
BY TAXATION FOR THE FISCAL YEAR 1992-1993
FOR IMPROVEMENT DISTRICTS OF THE CITY
FORMERLY KNOWN AS POWAY MUNICIPAL WATER DISTRICT
AND POMERADO COUNTY WATER DISTRICT
WHEREAS, the terms and conditions of the Poway Reorganization provided for the
City Council to "determine each year the amount of money needed to make annual
payments of the principal and interest of the outstanding voter-approved bonded
indebtedness of the improvement districts" and provide the information to the
Board of Supervisors.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF POWAY DOES HERERBY RESOLVE,
ORDER AND DETERMINE AS FOLLOWS:
Section 1: Fund 6075-52 - Poway Sewer Improvement District, the sum of $118,000,
a rate of 0.00821 is required to be raised by taxation for the purpose of payment
of principal and interest on said bonds at maturity for this fiscal year.
Section 2: Fund 6075-53 and Fund 666D-50 - Poway City, Poway Municipal Water
District, the combined sum of $1,105,005, a rate of 0.06059 each is required to be
raised by taxation for the purpose of payment of principal and interest on said
bonds at maturity for this fiscal year.
Section 3: The City Clerk is instructed to forward a certified copy of this
resolution to the Clerk of the Board of Supervisors of the County of San Diego
and to the Auditor of the County of San Diego, San Diego, California.
PASSED, ADOPTED AND APPROVED,
California, at a regular meeting thereof this
ATTEST:
j r'~K. Wahlsten, City Clerk
by the Cll~y Cou)cll of the City
]~ of August, 1992.
of Poway,
Resolution No. g2-171
Page 2
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify
under penalty of perjury that the foregoing Resolution No. 92-171 was duly
adopted by the City Council at a meeting of said City Council held on the 25th
day of August, 1992, and that it was so adopted by the following vote:
AYES: EMERY, HIGGINSON, MCINTYRE, SNESKO, GOLDSMITH
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
Marjoriq/ ~ Wahlsten, City Clerk
City or.ay
R/Estlmate1-2/CP12