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HomeMy WebLinkAbout0632 . . . - - RESOLUTION NO. 632 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA FIXING THE TAX LEvY FOR MUNICIPAL PURPOSES FOR THE FISCAL YEAR 1931-32 AND ALSO LEVYING A SPECIAL ASSESSMENT TAX UPON THE LAliDS (NOT INCLUDING THE IMPROVEMENTS THEREON) IN ACQUISITION AND IMPROVEMENT DISTRICT NO.1 OF SAID CITY OF ARCADIA, FOR THE FISCAL YEAR 1931-32 THE CITY COUNCIL OF THE CITY OF ARCADIA DO RESOLVE AS FOLLO'iIS: That there shall be and there is hereby levied for the fiscal . year 1931-32 upon each One Hundred ($100.00) Dollars worth of the assessed valuation of taxable property within said City of Arcadia (not including property taxable for State purposes only, under the provisions of Section XIV, Article XIII, of the Constitution of the State of California), a tax as follows: For all municipal purposes, exclusive of the payment of taxes for Public Library purposes and of the payment of the principal and ,:( interest on the Bonded Indebtedness of said City of Arcadia, and also '~ ,OJ exclusive of the payment of Special Taxes for the maintenance and improvement of Public Parks and Public Boulevards of said City of ,"/ .11 . 17_ I t.i}r~ ($.76) cent,sl! . Arcadia, as hereinafter specified, the sum of seventy-six For the purpose of supporting and defraying the expense o.f .n,' .' ",' 4C , ..,I / Public Library of said City of Arcadia, the sum of five ($.05) cents. the For the purpose of the maintenance and improvement of Public Parks and Boulevards of said City of Arcadia, in accordance with the provisions of that certain Act of the Legislature of the State of California, entitled: "An Act to enable cities and counties and cities and towns to acquire, maintain and improve public parks and boulevards", adopted March 19, 1887, the ~um of seven ($.07) cents. For the purpose of the payment of principal and interest of "Arcadia Water Bonds, 1914, Interest and Sinking Fund", the sum of eleven (~.ll) cents. For the purpose of the payment of the principal and interest of "Arcadia Street Bonds, 1914, Interest and Sinking Fund", the sum of eleven ($.11) cents. For the purpose of the payment of principal and interest of "Arcadia Water Bonds, 1919, Interest and Sinking Fund", the sum of twelve -1- . . . - - ($.12) cents. For the purpose of the payment or principal and interest or "Arcadia Street Bonds, 1924, Interest and Sinking Fund", the sum or twenty($.20) cents. For the purpose of the payment of principal and interest of "Arcadia Water Bonds, 1927, Interest and Sinking Fund", the sum or eighteen ($.18) cents. For the purpose or the payment or principal and interest or "Arcadia Public Library Bonds, 1929, Interest and Sinking Fund", the- sum of five ($.05) cents. That pursuant to the provisions or Section 41 or "Acquisition and Improvement Act or 1925", and ror the purpose or providing ror the payment or the sum or $4,498.28, which said sum said City Council hereby finds and determines to be the amount of money necessary to be levied against and upon all the lands within ACQUISITION AND IMPROVEMh'NT DISTRICT NO. 1 or said City or Arcadia, (including any land which is <> the operative property or any public utility), according to the assessed valuation of said lands, exclusive or any improvements thereon, to pay all the principal which has become or will become due and all interest which has become or will become payable on the Bonds issued under the proceedings had in the matter of said Acquisition and Improvement District #1 berore the proceeds or another levy of taxes to be collected ror general municipal purposes can be made available for the payment of said principal and interest, there is hereby levied upon each ~100.00 worth or the assessed valuation or lands within each and every Zone in said Acquisition and Improvement District #1, exclusive or any improvements thereon, a Special Assessment Tax as rollows: Zone "A" $ 1~.48 Zone "B" 2 .93 Zone "c" None Zone "D" None Zone ItEIf ~.Ol Zone "F" .66 Zone "G" 10.29 Zone Itfl" 9.37 Zone ".J" .905 -2- . . . - - and said Special Assessmement Tax when collected shall be deposited in e. Special Fund to be named "Acquisition and Improvement District No. 1 of the City of Arcadia, 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-City Council of the City of Arcadia, held on the 15th day of September, :1 1931, by the affirmative vote of at least three Councilmen, to-wit: AYES: Councilmen Bolz, Bottema, Hudson, Link and Seaman NOES: None and signed and approved this 15th day of September, 1931. HARRY A. LINK Mayor ATTEST: E. R. HUDSON City Clerk, Pro Tem. -3-