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RESOLUTION NO. 5879
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ARCADIA, CALIFORNIA, FIXING THE AMOUNT OF
REVENUE REQUIRED TO BE RAISED FROM PROPERTY
TAXES NECESSARY FOR THE FISCAL YEAR 1995-96
TO PAY THE AUTHORIZED MAINTENANCE AND OPERATION
COSTS OF THE CITY LIGHTING & PARKING DISTRICTS
THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1,
That the following is the amount of revenue necessary during
the fiscal year 1995-96 to pay the authorized maintenance, operating and capital
improvement costs of the specified Arcadia Consolidated lighting Districts:
District A $30,000
District B $71,000
District C $80,000
District D $50,500
District E $35,500
SECTION 2.
That the following is the amount of revenue necessary during
the fiscal year 1995-96 to pay the authorized maintenance and operating costs of the
Arcadia Vehicle Parking Districts:
District No. 1
$ 6,500
$13,700
District NO.2
SECTION 3.
That the City Clerk shall certify to the adoption of this
Resolution.
8
Passed, approved and adopted this 5th of September 1995.
ATTEST:
'W);~ L~ If m~
Approved as to Form: !..' r:::2_
City Attorney, City of Arcadia
STATE OF CALlFm~NIA )
COUNTY OF LOS ANGELES ) SS:
CITY OF ARCADIA )
I, JUNE D, ALFORD, City Clerk of the City of Arcadia, hereby certify that the
foregoing Resolution No. 5879 was passed and adopted by the City Council of the City
of Arcadia, signed by the Mayor and attested to by the City Clerk ,at a regular meeting of
said Council held on the 5th day of September 1995 and that said Resolution was
adopted by the following vote, to wit:
AYES: Councilmember Chang, Kuhn, Ulrich, Young and Lojeski
NOES: None
ABSENT: None
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EXHIBIT "e"
LIGHTING DISTRICT~
Balance 1995-96 Estimated %
Available Assessed Tax Estimated Tax Rates
7-01-95 Valuations Revenues Expenditures Capital (2) 1995-1996
Zone A $ 1,935 $132,653,054 $ 30,000 $ 26,600 .022440
Zone B 18,347 695,622,390 71,000 78,000 ,010246
Zone C (119,854) 132,350,300 80,000 51,200 30,000 .060809
Zone D ( 9,544) 172,175,181 50,500 25,500 25,000 .029345
Zone E (34.203) 124,536,467 35,500 25.600 9.800 .028453
{S143,319l (1 )~267 000 $ 206.900 64,80Q
(1) An Allowance for delinquent taxes is included in tax rates to help insure districts maintain a
positive balance.
(2) Where major capital costs are planned. The proposed tax capitalizes such costs over a fixed
period of years.
VEHICLE PARKING DISTRICTS
1995-96 % Estimated
Assessed Tax Rates Tax
Valuation 1995-96 Revenues
NO.1
Operating and Improvements $ 6,124.501 .1000 $ 6,124
NO.2
Operating and Improvements $19,752,659 ,1000 19,752