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HomeMy WebLinkAbout1492 ORDINANCE NO~ 1492 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ARCADIA FIXING THE RATES OF TAXES AND LEVYING TAXES FOR THE FISCAL YEAR 1973-1974. 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, 1973, 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 Taxation District No.1 and No.2 No. 3 For the General Fund .6169 .6169 For the Retirement Fund .3152 .3152 For the 1946 Sewer Bond Fund .0079 Total tax rate per each $100 assessed value .9400 .9321 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, 1973, upon all lands, exclusive of improvements, in each -1- 1492 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 Zone A Tax Rate per each $100 assessed 'value Zone C $.278 $.221 $.315 $.087 $.230 Zone B Zone D Zone E SECTION 3. Special Parking District Tax. For the purposes shown in Schedule 3, below, the rates of taxation of the City of Arcadia for the fiscal year beginning July 1, 1973, 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 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 -2- 1492 held on the 21st day of August , 1973, by the affirmative vote of at least three Councilmen, to wit: AYES: Councilmen Butterworth, Hage, Helms and Arth NOES: None ABSENT: Councilman Scott ~/j~~ City Clerk of the Ci y of rcad a SIGNED AND APPROVED this 21s t day of August ,1973. (!,. f~h~ ~rL- Mayor of he City of Arcadia ~l) i ty erk :1f.. ~ / (SEAL) . . ..~: /' . ~ . / "'-,--. I :',.-- . --: - ,.- ~ "--....~ ---""' ---..: - -< '1".;', "-:~~..,~~~:;.~~ ~~~. .,..-":-.....-:-.... ..-"~' -3- 1492