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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