1978-40 Levying Assessments for Fiscal Year 1978 -79
RESOLUTION NO. R78-40
RESOLUTION OF THE BOARD OF DIRECTORS OF
SAN DIEGUITO WATER DISTRICT LEVYING
ASSESSMENTS FOR FISCAL YEAR 1978-79
WHEREAS, it has been determined by the County Assessor
of the County of San Diego that the total value of all lands
within San Dieguito Water District subject to assessment for
the purpose of paying the principal and interest on general
obligation bonds and indebtedness of the district approved
by the voters prior to July 1, 1978, is the sum of $50,598,673.00;
and
WHEREAS, the sum of $218,763.00 is necessary to make
annual payments for the interest and principal on general
obligation bonds and other indebtedness of the District
approved by the voters prior to July 1, 1978; and
WHEREAS, it is necessary to levy an assessment which
after allowing for anticipated delinquencies of 15 percent
as required by law will produce a total sum of $218,763.00;
NOW, THEREFORE, IT IS HEREBY RESOLVED, DETERMINED AND
ORDERED by the Board of Directors of San Dieguito Water
District as follows:
1. That an assessment be and it is hereby levied on
all lands within the District in the amount of $0.50 upon
each $100.00 assessed valuation of lands within the District,
said levy being sufficient to produce a total sum of $218,763.00,
after allowance being made for anticipated delinquencies in
the amount of 15 percent as required by Section 25801 of the
Water Code of the State of California.
2. That the Secretary or Assistant Secretary of the
District be and he is hereby authorized and directed to
transmit to the County Auditor of the County of San Diego
a statement of the rates fixed.
~.
PASSED AND ADOPTED at a regular meeting of the Board
of Directors of San Dieguito Water District held on the
9th day of August, 1978, by the following vote, to wit:
AYES:
Directors Weston, Dean, Pearson, Dashiell
and Weidner
NOES:
None
ABSENT:
None
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