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ORDINANCE NO. 1573
AN ORDINANCE OF THE CITY COUNCIL
OF THE CITY OF ARCADIA FIXING THE
RATES OF TAXES AND LEVYING TAXES
FOR THE FISCAL YEAR 1976-1977
THE CITY COUNCIL OF THE CITY OF ARCADIA DOES ORDAIN AS
FOLLOWS:
SECTION 1. General Tax Levy. For general municipal
purposes, in addition to the taxes levied pursuant to Sections 2
and 3 of this ordinance, the rates of taxation of the City of
Arcadia for the fiscal year beginning July 1, 1976, 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
,5199
.5199
For the Retirement Fund
.3054
.3054
For the 1946 Sewer Bond Fund
.0047
Total tax rate per each
$100 assessed value
.8300
.8253
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SECTION 2. 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, 1976, 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 Tax Rate per each $100
Lighting District Assessed Value
Zone A $.309
Zone B $.175
Zone C $.347
Zone D $.088
Zone E $.352
SECTION 3. 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, 1976, 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
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SECTION 4. This ordinance shall be effective upon its
adoption.
SECTION 5. 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 17th day of
August
, 1976, by the affirmative
vote of at least three Councilmen, to wit:
AYES: Councilmen Gilb, Margett, Parry and Lauber
NOES: None
ABSENT: Councilman Saelid
~
City Clerk of the City of Arcadia
SIGNED AND APPROVED this 17th day of August
, 1976.
~...J- ~ L~~ - _
~ayor of the c/2y' of Arcadia
~~Z~
City Clerk '
(SEAL)
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1573