HomeMy WebLinkAbout0828
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RESOLUTION NO. 828
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A RESOLUTION OF THE CITY COUNCIL OF 'rHE CITY OF ARCADIA
FIXING 'l'HE TAX LEVY FOR MUNICIPAL PURPOSES FOR TEE FISCAL YEAR
1936-37, AND ALOO LEVYING A SPECIAL ASSESSMENT TAX UPON THE LANDS
(NOT INCLUDIHG ~'HE IMPROVEMENTS THEREON) IN ACQUISIT ION AND ll.!-
PROVEMENT DISTRICT NO. 1 OF SAID CITY OF ARCADIA FOR THE FISCAL
YEAR 1936-37.
THE CITY COUNCIL OF 1'HE CITY OF ARCADIA DO RESOLVE AS
FOLLOWS:
That there shall be and there is hereby levied for the
fiscal year 1936-37 upon each One Hundred (~lOO.OO) 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
Constitution of the state of California), a tax as follows:
For all municipal purposes, exclusive of the payment
.70
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of taxes for Public Library purposes and of the payment of the
($.70 ) oents.
II :3
12
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expense I()?
eight;' 7--:,/)'-
principal and interest on the Bonded Indebtedness of said City
of Arcadia, as hereinafter specified, the sum of seventy
For the purpose m" supporting and defraying the
of the Public Library of said City of Arcadia, the sum of
(~ .08) cents.
For the purpose of the payment of principal of "Arcadia
Water Bonds, 1914, Interest and Sinking Fund", the sum of thirteen
(oJ .13) cents.
For the purpose of the payment of the principal and
interest of "Arcadia Street Bonds, 1914, Interest and Sinking
Fund", the sum of thirteen
($ .13) cents.
For the purpose of the payment of principal of "Arcadia
\later BondS, 1919, Interest and Sinking Fund", the sum of fifteen
($ .15) cents.
l!'or the purpos e of the payment of principal and int erest
of "Arcadia Street Bonds, 1924, Int er est and Sinking Fund", the
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sum of twenty-three
and interest
For thl~ purpos e of the payment of princ1paJ/ of "Arcadia
($.23 ) cents.
Vlater Bond, 1927, Interest and Sinking Fund", the sum of twenty one
($ .21) cents.
For the purpose of the payment of principal and interest
of "Arcadia Public Library Bonds, 1929, Interest and Sinking Fund",
the s urn of seven
($ .07 ) cents.
That pursuant to the provisions of Section 41 of "Ac-
quisition and Improvement Act of 1925". and for the purpose of
proYiding for the payment of the sum of $4,222.97
. which
said sum said Ci1;y Council hereby finds and determines to be the
amount of money necessary to be levied agains t and cupon all the
lands within ACQUISITION AND D~OVm~NT DISTRICT NO. 1 of said
City of Arcadia (including any land which is the operativ~ property
of any Public Utllity), according to the assessed valuation of said
lands. exclusive of any improvements thereon, to pay all the prin-
cipal which has become or will become dUe ani all int erest which
has become or will become payable on the Bonds issued under the
proceedings had l.n the matter of said Acquisition and Improvement
District No. 1 before the proceeds of another levy of taxes to be
collected for General Municipal 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 No.1, exclusive of any improvements thereon, a Special
Assessment Tax as follows:
(Assessment Tax as follows:)
Zone "An - 13.32
~one "Bn - 12.06
Zone llC" -
Zone liD" -
Zone "En - 4.76
Zone ",b'1I - 12.46
Zone "G", - 5.16
Zone I1HI1 - 9.17
Zone I1J" - 2.05
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and said Special Assessment 1'a:x: when collected shall be deposited
in a Special Fund to be naIled "Acquisition and Improvement Dis-
trict No.1 of the City of Aroadia, Interest and Sinking Fund".
The City Clerk shall certify to the adoption of this
Resolution.
The foregoing Resolution was adopted at a regular
meeting of the Ci,ty Council of the City of Arcadia, held on the
15th day of September, 1936, by the affirmative vote of at least
three Councilmen, to-wit:
AY~S:
Councilmen, Corby, Daniels, Griffitts, Hoffman
and McLean
NOES:
None
ABSEN1': None
~7J:~
City'CIerk
And signed and approved this 15th day of September, 1936.
~1.O.&~
Mayor ~
ATT~ST'
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/ City cr
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RESOLUTION
· 828
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