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HomeMy WebLinkAbout1606 ORDINANCE NO. 1606 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ARCADIA FIXING THE RATES OF TAXES AND LEVYING TAXES FOR THE FISCAL YEAR 1977-1978 FOR THE USUAL CURRENT EXPENSES OF THE CITY OF ARCADIA THE CITY COUNCIL OF THE CITY OF ARCADIA DOES ORDAIN AS FOLLOWS: SECTION 1. of providing a tax City of Arcadia. This ordinance is required for the purpose levy for the usual current expenses of the SECTION 2. General Tax Levy. For general municipal purposes, in addition to the taxes levied pursuant to Sections 3 and 4 of this ordinance, the rates of taxation of the City of Arcadia for the fiscal year beginning July 1, 1977, upon all taxable property in each of the general taxation districts are fixed and levied at the number of cents for each $100 assessed valuation as set forth in Schedule 1, below; provided that the rates of such taxation upon unsecured taxable property are those required by operation of law and the rates levied are the rates fixed for the preceding year applicable to secured taxable property. SCHEDULE 1 Taxation Districts No. 1 and No.2 Taxation District No. 3 For the General Fund $ .4828 $ .4828 For the Retirement Fund .3428 .3428 For the 1946 Sewer Bond Fund .0044 Total tax rate per each $100 assessed value .8300 .8256 -1- 1606 SECTION 3. Special Assessment for Lighting. For the maintenance and operation of street lighting within the five zones of the Arcadia Consolidated Lighting District, the rates of taxation of the City of Arcadia for the fiscal year beginning July 1, 1977, upon all lands, exclusive of improvements, in each of the five zones, are fixed and levied at the number of cents for each $100 assessed valuation as set forth in Schedule 2, below. SCHEDULE 2 Arcadia Consolidated Lighting District Tax Rate per each $100 Assessed Value Zone A $ .2490 .1635 Zone B Zone C .3270 Zone D .0860 Zone E .3730 SECTION 4. Special Parking District Tax. For the purpose shown in Schedule 3, below, the rates of taxation of the City of Arcadia for the fiscal year beginning July 1, 1977, upon all lands and improvements in each of the parking districts are fixed and levied at the number of cents for each $100 assessed valuation as set forth in Schedule 3, below. SCHEDULE 3 Arcadia Vehicle Parking Districts No. 1 and No. 2 Tax Rate per each $100 Assessed Value Tax for maintenance, operation, repair and improvement $ .15 Tax for acquisition of additional parking places $ .25 SECTION 5. This ordinance shall be effective upon its adoption. -2- 1606 SECTION 6. The City Clerk shall certify to the adoption of this ordinance. I HEREBY CERTIFY that the foregoing ordinance was adopted at a regular meeting of the City Council of the City of Arcadia held on the 19th day of August, 1977, by the affirmative vote of at least three Council Members, to wit: AYES: Council Members Gilb, Lauber, Margett & Saelid NOES: None ABSENT: Council Member Parry ~ c'~y of Arca ra SIGNED AND APPROVED this 19th day of August , 1977. -. ~- . ":/.- AT,TEST: r_ ~:~/ ~'=-~ ~ ""..~~ . . ~ ::., , - '- . ./ c:::i; ti\;;GiE!rJs.~ ,,-,' , -:.,...... . ~:~.~:-." ..... . '\ v__ ......\ ,-.:' ---::- .....-- \.....>-' ,:~",.::,:.,-',-,' (SEALi"::'~/ d~~ "-.' '-. ~~- _~-,A'- --'-~::- '-5/ ,,~ -3- 1606