Resolution No. 3971RESOLUTION NO 3971
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
FIXING THE VOTER APPROVED INDEBTEDNESS TAX RATE FOR
THE FISCAL YEAR 1991-92
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 $56 215 for the 1991-92 Fiscal Year
SECTION 2 Tax Rate
That the tax rate to be levied shall be 0027 percent
( 000027) 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 26th day of August 1991
MA 46/
OY R OF THE CITY OF CYPRESS
ATTEST.
{ (_"4 k/
CITY- CLERKr 07 THE CITY OF CYPRESS
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 26th day
of August 1991 by the following roll call vote.
AYES 5 COUNCIL MEMBERS Age, Kerry, Nicholson, Partin and
NOES 0 COUNCIL MEMBERS None Bowman
ABSENT- 0 COUNCIL MEMBERS None
CITY/CLERK OF -THE CITY OF CYPRESS