Resolution No. 4229473
RESOLUTION NO. 4229
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS FIXING
THE VOTER APPROVED INDEBTEDNESS TAX RATE FOR THE FISCAL YEAR
1993 -94
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 $56,545 for the 1993 -94 Fiscal Year.
SECTION 2. Tax Rate.
That the tax rate to be levied shall be .0025 percent
(.000025) 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 23rd day of August , 1993.
ATTEST:
CITY CLERK F THE QTTY OF CYPRESS
STATE OF CALIFORNIA
SS
COUNTY OF ORANGE
MAYOR OF THE CITY CYPRESS
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 23rd day of
August, 1993 by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Age,Bowman, Nicholson, Partin and
NOES: 0 COUNCIL MEMBERS: None Kerry
ABSENT: 0 COUNCIL MEMBERS: None
CITY CLERK OF THE CITY OF CYPRESS