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RESOLUTION NO. 518. I
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCAnIA
FIXING THE TAX LEVY FOR MUNIOIPAL PURPOSES FOR THE FISCAL YEAR,
1929-30 AND ALSO LEVYING A SPEOIAL ASSESSMENT TAX UPON THE LANDS
(NOT INOLUDING THE IMPROVEMENTS THEREON) IN ACQUISITION AND IM-
PROVEMENT DISTRIOT No.1 OF SAID CITY OF AROADIA, FOR THE FISCAL
YEAR 1929-30.
THE CITY COUNCIL OF THE CITY OF ARCADIA DO RESOLVE AS
FOLLOWS:
That there shall be and there is hereby levied for the
fiscal year 1929-30 upon each One Hundred ($100.00) Dollars worth
of the assessed valuation of taxable property within said City of
Arcadia (not including property taxable for State purposes only,
under the provisions of Section XIV, Article XIII of the Consti-
tution of the State of California), a tax as follows:
For all municipal purposes, exclusive of the payment of
taxes for Public
,
Library~purposes and'of the payment of the princi+
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on the Bonded Indebtedness of said City of Arcadia,
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pal and interest
and also exclusive of the payment of Special Taxes for the main-
tenance and improvement of Public Parks and Public Boulevards of
said City of Arcadia, as hereinafter specified, the sum of
;
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eighty-!
two ($ .82) cents.
For the purpose of supporting and defraying the expense
of the Public Library of said City of Arcadia, the sum of five
($ .05) cents.
For the purpose of the maintenance and improvement of
Public Parks and Boulevards of said City of Arcadia, in accord-
ance with the provisions of that certain Act of the Legislature
of the State of California, entitled:
IIAn Act to enable cities
and counties and cities and towns to acquire, maintain and im-
prove public parkS and boulevards", adopted March 19, 1887, the
sum of thirteen ($ .13) cents.
For the purpose of the payment of principal and interest:
,
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of liAr cadi a Water Bonds, 1914, Interest and Sinking Fund", the sum
of eleven ($ .11) cents;
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For the purpose of the payment of the principal and in-
terest of IIArcadia street Bonds, 1914, Interest and Sinking Fundll, I
the sum of eleven ($ .11) cents.
For the purpose of the payment of principal and interest
of liAr cadi a Water Bonds, 1919, Interest and Sinking Fund", the sum
of twelve ($ .12) cents.
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interest
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For the purpose of the payment of principal and
of IIArcadia Street Bonds, 1924, Interest and Sinking Fund", the
sum of twenty-one ($ .21) cents.
For the purpose of the payment of principal and interest
of IIArcadia Water Bonds, 1927, Interest and Sinking Fund", the sum
of six ($ .06) cents.
For the purpose of the payment of principal and
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interest:
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of IIArcadia Public Libra~ Bonds, 1929, Interest and Sinking
Fundll ,
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the sum of four ($ .04) cents.
That pursuant to the provisions of. Section 41 of IIAcqui-'
sition and Improvement Act of 192511, and for the purpose of pro-
viding for the payment of the sum of $2918.32, which said sum said'
,
City Council hereby finds and determines to be the amount of money I
necessary to be levied against and upon all the lands within I
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ACQUISITION AND IMPROVEMENT DISTRICT NO. 1 of said City of Arcadia,:
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(including any land which is the operative property of any public !
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utility), according to the assessed valuation of said lands, exclu1
sive of any improvements thereon, to pay all the principal which 'I'
has become or will become due and all interest which has become
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or will become payable on the Bonds issued under the proceedings
had in the matter of said Acquisition and Improvement District #1
before the proceeds of another levy of taxes to be collected for
general ~nicipal purposes can be made available for the payment
of said principal and interest, there is hereby levied upon each
$100.00 worth of the assessed valuation of lands within each and
every Zone in said Acquisition and Improvement District #1, exclu-
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sive of any improvements thereon, a Special Assessment Tax as
follows:
Zone II All
Zone IIBII
Zone II CII
Zone II DII
Zone IIE"
Zone "F"
Zone II G"
Zone II H"
Zone IIJII
$10.516
18.775
None
None
3.255
5.51
6.681
6.084
,588
and said Special Assessment Tax when collected shall be deposited
in a Special Fund to be named "Acquisition and Improvement Dis-
trict No. 1 of the City of Arcadia, Interest and Sinking F\md".
The City Clerk shall certify to the adoption of this
Resolution.
The foregoin~~esolution was adopted at a regular meet-
ing of the City Council of the City of Arcadia, held on the 21st.
day of August, 1929, by the affirmative vote of at least three
Councilmen, to-wit:
AYES:
Oouncilmen BOlz, G,.,,,I ;11..., Multer, Schermerhorni
and Walshe,
)topS: l>Y>ne t.
u(~d;' bA'l:v.~~c~&~Ut--,,~
and signed and approved this 21st. day of August, 1929,
ATTEST:
,W /j /7/J~
/'J..4;1 . /, ~p~
Oity Cle
t711~
Mayor.
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