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RESOLUTION NO. 1354'
RESOLUTION AND ORDER OF THE CITY COUNCIL OF
THE CITY 'OF CHIJLA .V•xSTA ELECTING TO PAY OUT
OF MUNICIPAL FUNDS ONE HALF OF THE AMOUNT OF
TAX WHICH WOULD OTHERWISE BE LEVIED UPON 'PROPER-
TY WITHIN SAID CITY OF CHULA VISTA BY`AND FOR
THE METROPOLITAN WATER DISTRICT OF SOUTHERN
CALIFORNIA FOR THE FISCAL YEAR BEGINNING JULY
1, 1952, AND ENDING JUNE 30th, 1953, AND PROVID-
ING FOR THE PAYMENT THEREOF IN CERTAIN INSTAL- :
MENTS
WHEREAS, -the Board of_ Directors of The Metropolitan Water
District of Southern California has levied a tax of-twenty-one
cents (210) upon each One hundred Dollars (4100.00) assessed
valuation of taxable property within said District for the fis-
cal year beginning the 1st day of July, 1952; and ending the
30th day. o£. June, 1953, for the purpose. of meeting the interest
and sinking fund requirements on all outstanding bonded indebted-
ness of said District, and the payment of the principal and in-
terest on any refunding bonds, o'r on any bonds, the issuance of
which may have. been authorized by the electors and- which bonds
have not been sold, but which bonds in .the judgment of the Board
of Directors will be sold prior to- the time when money will be
available from the next subsequent tax. levy, ' together with a tax
of nine cents (9¢) upon each One Hundred Dollars (4100.00) assessed
valuation of taxable property within San Diego County Water Author-
ity, as annexed to said• District, ' for the said fiscal year for
the purpose of raising the ,sixth annual installment of the aggre-
gate amount of 413,045,000, to be raised by means of thirty
(30) substantial equal annual levies within said San Diego County
Water Authority, as prescribed by said Board of Directors of said
District in fixing the terms and conditions for the annexation
of the corporate area of said San Diego County Water Authority
to said District, together with a tax of seven cents (7¢) upon
each One Hundred Dollars (4100.00) assessed valuation of taxable
property within said District for tbe fiscal year fcr all other
..
. District purposes; and
WHEREAS, the Council of the City of Chula Vista pursuant
to the provisions of Section $.2 of The Metropolitan Water
District Act of the State of California did_ on December 3rd,
1951, -adopt its Resolution No. 12$1, wherein it declared the
intention of the City of Chula Vista to pay out of -municipal
funds one-half (1/2) of the amount of said District' s taxes
for the said fiscal year commencing July lst, 1952, and ending
June 30th, 1953, to be derived from the area of said District
within said City; and
WHEREAS, the County Auditor of the County of San Diego .
has certified to said District that the assessed valuation of
property within said City of Chula Vista, taxable by said Dis-
trict for said fiscal year, is the sum of $20,764,370.00; and
WHEREAS, the amount of money to be derived from the area
of said District lying-within said City of Chula Vista by virtue
of said tax levy by said District for said fiscal year, for the
aforesaid purposes. of meeting the interest and sinking fund
requirements on t he said bonded indebtedness- and the--payment of
the principal and interest on the aforesaid bonds is the sum of
442 :70 . "and
43,4°,5-. 4
WHEREAS, the amount of money to be derived from the area of
said District lying within the City of Chula Vista by virtue of
said tax levy by said District for said fiscal year for the afore-
said purpose of raising said sixth annual instalment of said
aggregate amount to be raised by means of--special tax levies
within. said San Diego County Water'' Authority, in accordance with
the terms and conditions upon which the co-rporate area of said
San Diego County Water Authority was annexed to' said District&
is the sum Of $1 eO-rick;A and
57 9,3'
WHEREAS, the amount -of money to be derived from the area of
said District lying within the City of •Chula Vista by virtue of
said tax levy by said District for said fiscal year for 41 other
•
• ' ," a.1• f
.
District purposes aforesaid is the sum of $14,462.55T and
IY °5 ,5.c)�
WHEREAS, the City of Chula Vista has municipal funds on
hand in the Water Tax Fund of said City and which may be used
to pay one-half (1/2) of the aforesaid taxes levied by said
District for said fiscal year -upon taxable property within said
District lying within said City .for the purpose of meeting the
interest and sinking fund requirements on all outstanding bonded
indebtedness of said District as aforesaid in the amount of
. 4 2qq0 one-half (1/2) thereof being $24351. and
WHEREAS, the City of Chula Vista has municipal funds on
. hand or will on the dates herein mentioned have such funds on
hand in the Water Tax Fund of said City which may be used to
pay one-half (1/2) of the aforesaid taxes levied by said District
for said fiscal year for the purpose of raising the said Sixth
annual instalment of the aggregate amount of $13,945,000.00 as
prescribed by the said Board of Directors of said District in
fixing the terms and conditions for the annexation of the corpor-
ate area of said Water Authority as aforesaid in the amount of
-ars aforesaid and for all other District purposes in
the amount of aforesaid, the total of both of said
levies being $33,222.9g, and one -half(1/2) thereof being $16;.611. tk2
in two instalments, namely, 60% or the sum of 0,96644, on or
before the 10th day of December, 1952 and 40% or the sum of $6,64440-
on or before the 10th day of May, 1953.
BE IT RESOLVED AND ORDERED by the City Council of the City
of Chula Vista, as follows:
That the said City Council hereby elects to pay out of
municipal funds the sum of $36-52e74, as payment of ox --half
3g; 4-114-0?
of the total amount of 'tax which would otherwise be levied upon
property within said City of Chula Vista under and by virtue of
the aforesaid tax levy of said The Metropolitan ,Water District of
Southern California for said fiscal year commencing July 1st, 1952,
and ending June 30th, 1953, and the said sum of 08, 522 here.
eel 40*
. _
by is appropriated from said municipal funds for the purpose
of making said payment hereby authorized and elected to be made;
and
BE IT FURTHER RESOLVED AND ORDERED that payment of said
sum of $21 1 being one-half (1/2) of the amount of tax
which would otherwise be levied upon property within such City '
to meet interest and sinking fund requirements on theoutstand-
ing bonded indebtedness of said District, shall be made in cash,
from the Water Tax Fund of said City concurrently with the certi-
fication of- this order to the controller of said District and
on or before the 27th day of August, 1952; and
BE IT FURTHER RESOLVED AND ORDERED that payment of the sum
of $9, 9666..*, being 60% of one-half (1/2) of the amount of tax
which would otherwise be levied upon property within such City
to meet all other requirements of said District other than in-
terest and sinking fund requirements on the outstanding bonded
indebtedness of said District, shall be paid in cash from the
Water Tax Fund of said City on or before December-lOth, 1952,
and that payment of the sum_ of $6,644.6p, being 40% of one-
half (1/2) of the_. amount of tax which would otherwise be levied
for such purposes shall be paid in cash from the Water Tax Fund
of said City on or before May 10th, 1953; and
BE IT FURTHER-RESOLVED AND ORDERED that the Administrative
Officer of the City of Chula Vista forthwith shall certify to
the Controller of said District a copy of this Resolution and
Order, together with a statement showing the financial condition
of the City of Chula Visa, the funds from which such payments
shall be made, and the sources of revenue to be used therefor, _
which are required by law to be furnished to said District.
ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF
CHULA VISTA, CALIFORNIA, this 25th day of August, 1952, by the
following vote, to-wit:
AYES: COUNC ILNEN Logan, Riesland, Hobe].
NAYES: COUNCILMEN None
ABSENT: COUNCILMEN Halferty, DeWolfe
40P API f
Mayor of the City o Chula ista.
ATTEST:
City Cler
by -
Deputy
STATE OF CALIFORNIA)
COUNTY OF SAN DIEGO) ss•
CITY OF CHULA VISTA)
I, KENNETH P. CAMPBELL, City Clerk of the City of Chula
Vista, California, DO HEREBY CERTIFY that the above and fore-
going is a full, true and correct copy of Resolution No.
and that the same has not been amended or repealed.
DATED: August ,1952.
City Clerk
by
Deputy -
•-5.