Res 95-099RESOLUTION NO. 95- 099
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF POWAY, CALIFORNIA,
ESTIMATING THE AMOUNT NECESSARY TO 8E RAISED
FOR TAXATION FOR THE FISCAL YEAR 1995-1996
FOR IMPROVENENT DISTRICTS OF THE CITY
FORMERLY KNOWN AS POWAY MUNICIPAL WATER DISTRICT
AND POMEP~ADO 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
$31,000, a rate of 0.00203 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 $1,191,477, a rate of 0.06022 each is
required to be raised by taxation for the purpose of payment of principal and
interest on said bonds at maturity for this fiscal year.
Section 3: The City Clerk is instructed to forward a certified copy of
this resolution to the Clerk of the Board of Supervisors of the County of
San Diego and to the Auditor of the County of San Diego, San Diego,
California.
PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway,
California, at a regular meeting thereof th~nd day of August, 1995.
Bob Emery, Councilme~er .....
ATTEST: Presiding Officer
MarjOrie~K. Wahlsten, City Clerk
Resolution No. g$- 099
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. 95- 099
was duly adopted by the City Council at a meeting of said City Council held on
the 22nd day of August, 1995, and that it was so adopted by the following
vote:
AYES:
CAFAGNA, EMERY, REXFORD
NOES: NONE
ABSTAIN: NONE
ABSENT: CALLERY, HIGGINSON
Marjorte~K. Wahlsten, City'Clerk
City ot~oway
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