Res 94-093RESOLUTION NO. 94-093
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF POWAY, CALIFORNIA,
ESTIMATING THE AMOUNT NECESSARY TO BE RAISED
FOR TAXATION FOR THE FISCAL YEAR 1994-1995
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 HEREBY
RESOLVE, ORDER AND DETERMINE AS FOLLOWS:
Section 1: Fund 6075-52 - Poway Sewer Improvement District, the sum of
$38,000, a rate of 0.00251 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 6660-60 - Poway City, Poway Municipal
Water District, the combined sum of $1,154,603, a rate of 0.05995 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, by the City Council of the City of Poway,
California, at a regular meeting thereof this 23rd day of August, 1994.
Don Higginson, M~y---~--
ATTEST:
Marjori~.~ Wahlsten, City Clerk
Resolution No. 94-093
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. 94-093
was duly adopted by the City Council at a meeting of said City Council held on
the 23rd day of August, 1994, and that it was so adopted by the following
vote:
AYES:
CAFAGNA, CALLERY, SNESKO, HIGGINSON
NOES: NONE
ABSTAIN: NONE
ABSENT: EMERY
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