HomeMy WebLinkAbout0693
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RESOLUTION NO. 693.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AROADIA
FIXING THE TAX LEVY FOR MUNICIPAL PURPOSES FOR THE FISCAL YEAR
1933-34, AND ALSO LEVYING A SPECIAL ASSESSMENT TAX UPON THE LANDS
(NOT INCLUDING THE IMPROVEMENTS THEREON) IN ACQUISITION AND IM-
PROVEMENT DISTRICT NO. 1 OF SAID CITY OF ARCADD. FOR THE FISOAL
YEAR 1933-34.
THE CITY COUNOIL OF THE OITY OF AROADIA DO RESOLVE AS
FOLLOWS:
That there shall be and there is hereby levied for the
fiscal year 1933-34 upon each One Hundred ($lOO.OO) Dollars worth
of the assessed valuation of taxable property within sa1d Oity
of Arcad1a (not including property taxable for State purposes
only, under the provisions of Section XIV, Article XIII, of the
Constitution of the State of California), a tax as follows:
For all ,municipal purposes, exclusive of the payment
of taxes for Public Library purposes and of the payment of the
pr1nc1pal and 1nterest on the Bonded Indebtedness of said 01ty
of Arcadia, as hereinafter specified, the sum of n1nety-two
($ .92) oents.
For the purpose of support1ng and defraying the expensJ
of the Publio Library of sa1d City of Arcad1a, the sum of nine
($ .09) oents.
For the purpose of the payment of prinCipal of
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Water Bonds, 1914, Interest and Sink1ng FundD, the sum of seven
($ .07) cents.
For the purpose of the payment of the principal and
interest of -Aroadia Street Bonds, 1914, Interest and S1nking
Fund-, the sum of fourteen ($ .14) cents.
For the purpose of the payment ofpr1nc1pal of DArcadi
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For the purpose of the payment of principal and interes1t
of DArcadia Street Bonds, 1924, Interest and Sinking Funda, the I
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Water Bonds, 1919, Interest and Sinking Funda, the sum of seven
($ .07) cents.
sum of twenty-six ($ .26) cents.
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For the purpose of the payment of principal of aArcadia
Water Bonds, 1927, Interest and Sinking Fundi, the sum of nine
(i .09) oents.
For the purpose of the payment of principal and interest
of IArcadia Public Library Bonds, 1929, Interest and Sinking Funda,
the sum of slx ($ .06) cents.
. That pursuant to the provisions of Section 41 of -Ac-
quisition and Improvement Act of 1925D, and for the purpose of
providing for the payment of the sum of $3389.48, which said sum II
sald City Oouncil hereby finds and determines to be the amount of
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money necessary to be levied against and upon all the lands with-
in AOQUISITION AND IMPROVEMENT DISTRIOT NO.1 of said City of
Arcadia (including any land which is the operative property of
any Publio Utility). according to the assessed valuation of said
lands, exolusive of any improvements thereon, to pay all the prinJ
cipal whioh has become or will become due and all interest whioh
has become 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
colleoted for General Municipal purposes oan be made available
for the payment of said principal and interest, there is hereby
levied upon eaoh ilOO.OO worth of the assessed valuation of lands
within each and every Zone in said Aoquisition and Improvement
District #1, exclusive of any improvements thereon, a Special
Assessmsnt Tax as follows:
Zone IAI $10.41
Zone DB- - 9.67
Zone a C~ None
Zone IDa None
Zone aE~ - 3.82
Zone PF- 10.01
Zone PGI 4.14
Zone nH~ 7.37 I
Zone nJl - 1.66
and said Special Assessment Tax when collected shall be deposited !
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in a Special Fund to be named -Acquisition and Improvement Dis-
trict No.1 of the City of Arcadia, Interest and Sinking Fund-.
The City Clerk shall oertify to the adoption of this
Resolution.
The foregoing Resolution was adopted at an adjourned
regular meeting of the City Oouncil of the City of Aroadia, held
on the 7th. day of September, 1933, by the affirmative vote of
at least three Councilmen, to-wit:
AYES: Oounoilmen, Daniels, Krebs, Link, Schrader and
Seaman ,
ROES: None,
and signed and approved this 7th. day of September, 1933.
ATTEST:
, W:J:!tlJg}~.
' City C rk.
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693
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