Resolution No. 22891
RESOLUTION NO 2289
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
CONFIRMING THE ACTUAL TAX RATE TO MEET DEBT SERVICE
REQUIREMENTS FOR THE FISCAL YEAR 1980-81
WHEREAS, Section 2237(a) of the Revenue and Taxation Code empowers the
City Council of 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• and
WHEREAS, Resolution No 2282 adopted on August 11, 1980, authorized the
Finance Director to calculate the actual tax rate to service the City's debt
requirements for the 1980-81 fiscal year
NOW, THEREFORE, the City Council of the City of Cypress, HEREBY DOES RESOLVE
AS FOLLOWS.
SECTION 1 Tax Rate
That the actual tax rate of three and four -tenths cents ($ 034) for each
One Hundred Dollars ($100) of all the taxable property within the City of Cypress
at the equalized value thereof calculated by the Finance Director and transmitted
to the County of Orange Auditor -Controller in a letter dated August 28, 1980,
is confirmed
SECTION 2
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 8th day of September 1980
ATTEST:
r
CITY CLERK�0 H OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
MAYOR OF THE CI OF CYPRESS
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 8th day of September 1980, by the following roll call vote.
AYES
NOES.
ABSENT:
4 COUNCIL MEMBERS.
0 COUNCIL MEMBERS:
1 COUNCIL MEMBERS.
Coronado, Mullen, Rowan and Evans
None
Lacayo
CITY CLERC 0F THE CLT OF CYPRESS