Resolution No. 36129 r.
RESOLUTION NO. 3612
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
FIXING THE VOTER APPROVED INDEBTEDNESS TAX RATE FOR
THE FISCAL YEAR 1989 -90
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 $61,500 for the 1989 -90 Fiscal Year.
SECTION 2. Tax Rate.
That the tax rate to be levied shall be .0034 percent
(.000034) 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 28th day of August 1989.
d;P7 a4,A7*' .e9.01,1*C.0-e4e/'
MAYOR OF THE CITY OF CYPRESS
ATTEST:
STATE OF CALIFORNIA )
SS
COUNTY OF ORANGE
I, DARRELL ESSEX, City Clerk of the 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 28th day
of August 1989 by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: Age, Bowman, Kanel, Kerry and Arnold
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
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