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HomeMy WebLinkAbout0828 . . . ... - RESOLUTION NO. 828 . 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 C' i/ I (. of taxes for Public Library purposes and of the payment of the ($.70 ) oents. II :3 12 ..:; , /~_. , :,1:3 I 2../ expense I()? eight;' 7--:,/)'- principal and interest on the Bonded Indebtedness of said City of Arcadia, as hereinafter specified, the sum of seventy For the purpose m" supporting and defraying the of the Public Library of said City of Arcadia, the sum of (~ .08) cents. For the purpose of the payment of principal of "Arcadia Water Bonds, 1914, Interest and Sinking Fund", the sum of thirteen (oJ .13) cents. For the purpose of the payment of the principal and interest of "Arcadia Street Bonds, 1914, Interest and Sinking Fund", the sum of thirteen ($ .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 -1- . . . ... -. 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 -2- . . . ... .- 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' ~~ / City cr -3- RESOLUTION · 828 " ., " , ".,. t. ~ , ..... ~~.. ...... . <, '. , I t \ , ., 4r . '. , .