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HomeMy WebLinkAbout1515 ORDINANCE NO. 1515 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ARCADIA FIXING THE RATES OF TAXES AND LEVYING TAXES FOR THE FISCAL YEl'>R 1974-1975. 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, 1974, 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 .602l .6021 For the Retirement Fund .3304 .0075 .3304 For the 1946 Sewer Bond Fund Total tax rate per each $100 assessed value .9400 .9325 -1- 1515 ~ 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, 1974, 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 ~one A $.340 Zone B $.265 Zone C $.369 Zone D $.147 Zone E $.337 SECTION 3. Special Parking District Tax. For the pur- pose shown in Schedule 3, below, the rates of taxation of the City of Arcadia for the fiscal year beginning July 1, 1974, 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 Tax for acquisition of additional parking places $.15 $.25 -2- 1515 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 20th day of August , 1974, by the affirmative vote of at least three Councilmen, to wit: AYES: Councilmen Gilb, Helms, Lauber, Saelid and Scott NOES: None ABSENT: None ~~'~g~ CJ.ty cler of t e J.ty 0 ArcadJ.a SIGNED AND APPROVED this 2~ ;;:;;;;--. Mayor of the CJ.ty of ArcadJ.a ATTEST: ~~7d CJ.ty Clerk (SEAL) -3- 1515