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HomeMy WebLinkAbout1401 .. ~ . . . I' ORDINANCE NO. 1401 - I. 'I )D AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ARCADIA FIXING THE RATES OF TAXES AND LEVYING TAXES FOR THE FISCAL YEAR 1969-1970. 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, 1969, 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 .8556 For the Retirement Fund .1855 For the 1946 Sewer Bond Fund .0089 Total tax rate(per each $ 1.0500 $100 assessed value) .8556 .1855 $ 1.04n SECTION 2. Special Assessment for Lighting. For the maintenance and operation of street lighting within certain street lighting districts, the rates of taxation of the City of Arcadia -1- 1401 . ~ . . . " for the fiscal year beginning July 1, 1969, upon all lands, exclusive of improvements, in each of the lighting districts are fixed and levied at the number of cents fo~ each $100 assessed valuation as set forth in Schedule 2, below. SCHEDULE 2 Lighting Maintenance Tax Rate per each $100 assessed District value: No. 26 $ .1490 No. 27 $ .1590 No. 28 $ .2300 No. 29 $ .0760 No. 30 $ .2150 No. 31 $ .3430 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, 1969, 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 District Tax Rate per each $100 assessed value Arcadia Vehicle Parking Districts No.1 & No.2 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. -2- 1401 . . . . ' . ~ ' 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 19th day of August ,1969, by the affirmative vote of at least three Councilmen, to wit: AYES: Councilmen Butterworth, Considine, Hage, Helms and Arth NOES: None ABSENT: ~b~f/~~ City ler of the i y of Arcadia SIGNED AND APPROVED this 19th day of August, 1969. None (l//?rUJ~ Mayor of the City of Arcadia AT~ST' X tt;&4e )~~ Ci ty Clerk' , : ( SEAL) -3- 1401