Resolution No. 41021.`,;(3 4
RESOLUTION NO. 4102
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS FIXING
THE VOTER APPROVED INDEBTEDNESS TAX RATE FOR THE FISCAL YEAR
1992 -93
WHEREAS, Section 93 of the Revenue and Taxation Code
empowers the City of Cypress to levy and collect a special tax
for the payment of interest on voter approved bonds and for the
retirement of such bonds issued by the City; and
WHEREAS, two - thirds of the eligible voters of the City of
Cypress approved the 1968 Drainage Bond Issue.
NOW, THEREFORE, the City Council of the City of Cypress DOES
HEREBY RESOLVE as follows:
SECTION 1. Voter Approved Debt Service Requirement.
That the debt service secured property tax requirement for
the City of Cypress is $52,805 for the 1992 -93 Fiscal Year.
SECTION 2. Tax Rate.
That the tax rate to be levied shall be .0024 percent
(.000024) of full value.
SECTION 3.
The City Clerk shall cause certified copies of this
Resolution to be filed with the Auditor, Assessor and Tax
Collector of the County of Orange immediately upon its adoption.
PASSED AND ADOPTED by the City Council of the City of
Cypress at a regular meeting held on the 24th day of August
1992.
aQ
MAYOR OF THE CITY OF CYPRESS
ATTEST:
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CITY CLEERR F TH CITY OF CYPRESS
STATE OF CALIFORNIA
SS
COUNTY OF ORANGE )
I, DARRELL ESSEX, City Clerk of City of Cypress, DO HEREBY
CERTIFY that the foregoing Resolution was duly adopted at a
regular meeting of the said City Council held on the 24th day of
August , 1992 by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Age,Bowman, Kerry, Nicholson and
NOES: 0 COUNCIL MEMBERS: None Partin
ABSENT: 0 COUNCIL MEMBERS: None
CI CLE
' 'HE CITY OF CYPRESS