HomeMy WebLinkAbout0776
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RESOLUTION NO. 776.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA
FIXING THE TAX LEVY FOR MUNICIPAL PURPOSES FOR THE FISCAL YEAR
1935-36, AND ALSO LEVYING A SPECIAL ASSESSMENT TAX UPON THE LANDS
(NOT INCLUDING THE IMPROVEMENTS THEREON) IN ACQUISITION AND IM-
PROVEMElfr DISTRICT NO.1 OF SAID CITY OF ARCADIA FOR THE FISCAL
YEAR 1935-36.
THE CITY COUNCIL OF THE CITY OF ARCADIA DO RESOLVE AS
FOLLOWS:
That there shall be and there is hereby levied for the
fiacal year 1935-36 upon each One Hundred ($100.00) Dollars worth
of the assessed valuation of taxable property within said City
of Aroadia (not including property taxable for State purposes
only. under the provisions of Section XIV, Artio1e XIII. of the
Constitution of the State of California), a tax as follows:
For all municipal purposes, exclusive of the payment
of taxes for Pub1io Library purposes and of the payment of the
principal and interest on the Bonded Indebtedness of said City
of Arcadia, as hereinafter specified, the sum of
($ .~O~ cents.
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For the purpose of supporting and defraying the expense
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
(~ .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
(0.13 ) cents.
]'or the purpose of the payment of principal of "Arcadia
Water BOnds, 1919. Interest and Sinking ]'und". the sum of
($ .15 ) cents.
For the purpose of the payment of principal and interest
of "Arcadia Street Bonds, 1924, Interest and Sinking Fund". the
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sum of
($.23
cents.
2 For the purpose of the payment of principal of "Arcadia
3 Water Bond, 1927, Interest and Sinking Fund", the sum of
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'($.21 ) cents.
5 For the purpose of the payment of principal and interest
6 of "Arcadia Public Library Bonds, 1929, Interest and Sinking Fund"
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the sum of
(~ .07} cents.
8 That pursuant to the provisions of Section 41 of "Ac-
9 quisition and Improvement Act of 1925", and for the purpose of
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providing for the payment of the sum of $ 4,412.58
, which
11 said sum said City Council hereby finds and determines to ba the
12 amount of money necessary to be levied against and upon all the
13 lands within AC~UISITION AND IMPROVEI~NT,DISTRICT NO.1 of said
14 City of Arcadia (including any land which is the operative propert
15 of any Public Utility). according to the assessed valuation of sai
16 lands, exclusive of any improvements thereon, to pay all the prin-
17 cipal which has become or will become due and all interest which
18 has .become or will become payable on the Bonds issued under the
19 proceedings had in the matter of said Acquisition and Improvement
20 District No.1 before the proceeds of another levy of taxes to be
21 co11@cted for General Municipal purposes can be made available
22 for the payment of said principal and interest, there is hereby
23 levied upon each $100.00 worth of the assessed valuation of lands
24 within each and every Zone in said Acquisition and Improvement
25 District No.1, exclusive of any improvements thereon, a Speoia1
26 Assessment Tax as follows:
27 (Assessment Tax ag follows;)
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Zone II A" - $ 13.92
ZOne "B" - 12.60
Zone "CI1 -
Zone liD" -
Zone "E" - 4.93
ZOne "F" - 13.03
Zone "Gl1 - 5.39
Zone l1H" - 9.58
Zone "J" - 2.15
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and said Special Assessment Tax when oo11eoted shall be deposited
in a Special Fund to be named "Aoquisition and Improvement Dis-
trict No.1 of the City of Arcadia, Interest and Siriking Fund".
The City Clerk shall certify to the adoption of this
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Resolution.
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The foregoing Resolution was adopted at a regular
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meeting of the City Council of the City of Arcadia, held on the
3rd day of Sept amber, 1935, by the affirmative vote of at least
three Councilmen, to-wit:
AYES:Counci1men, Dan19+a~.HOff~n4~Kreb~ and M~L~@~.
NOES:
None.
ABSENT: Councilman Uorby..
~y~
And signed and approved this
3r~,~;j 1935,
n~
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RESOLUTION
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776
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