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RESOLUTION NO. sens ~/~S-
A RESOLUTION AND ORDER OF THE CITY COUNCIL
OF THE CITY OF ARCADIA DECLARING ITS
INTENTION TO PAY 50% OF THE 1970-71
METROPOLITAN WATER DISTRICT TAX.
THE CITY COUNCIL OF THE CITY OF ARCADIA DOES IffiREBY ORDER
AND RESOLVE AS FOLLOWS:
SECTION 1. That pursuant to the provisions of the
Metropolitan Water District Act the City Council hereby declares
its intention to payout of city funds 50% of the amount of taxes
to be derived from the area of The Metropolitan Water District of
Southern California within the City of Arcadia, as such amount
shall be fixed in August 1970 by resolution of the Board of Directors
of said district, and said city, pursuant to the provisions of
section 336 of said act, will elect to pay 50% of the amount of taxes
of said district to be derived from said city.
SECTION 2. That immediately upon the adoption hereof
and not later than 10 December 1969, the City Clerk shall file a
certified copy hereof with the controller of said district, with
the Los Angeles County Assessor, and with the State Board of
Equalization.
SECTION 3. That concurrently with the filing of a cer-
tif!ed copy hereof with said controller, said clerk shall transmit
to said controller a statement showing said city's financial condi-
tion as of the close of the 1968-69 fiscal year and the funds from
which it is intended that such payment will be made and the source
of revenue to be used therefor.
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SECTION 4. That not later than 15 December 1969 said
clerk shall file with said controller proof'that a certified copy
hereof has been filed with said county assessor and the State Board
of Equalization, and that a statement of the existence of said city
together with the legal description of the boundaries thereof as
they currently exist have previously been filed with said assessor
and said board.
SECTION 5. The City Clerk shall certify to the adoption
of this resolution.
! HEREBY CERTIFY that the foregoing resolution was adopted
at a regular meeting of the City Council of the City of Arcadia
held on the 2nd
day of
December
, 1969, by the affirm-
ative vote of at least three Councilmen, to wit:
AYES:
Councilmen Considine, Hage, Helms, and
BUtterworth
NOES:
None
ABSENT:
Councilman ~~>~j~
City Clerk of the City of Arcadia
ATTEST:
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1969.
SIGNED AND APPROVED
City Clerk
Mayor of
Pro
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(SEAL)
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