HomeMy WebLinkAbout4170
"
RESOLUTION NO. 4170
A RESOLUTION AND ORDER OF THE CITY COUNCIL
OF THE CITY OF ARCADIA DECLARING ITS
INTENTION TO PAY 50% OF THE 1971-72
METROPOLITAN WATER DISTRICT TAX.
THE CITY COUNCIL OF THE CITY OF ARCADIA DOES HEREBY ORDER
AND RESOLVE AS FOLLOWS:
SECTION 1. That pursuant to the provisions of the
Metropolitan Water District Act the City Council hereby deelares its
intention to pa~r out 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 sueh amount shall be fixed
in August 1971 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 1970, 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 coneurrently with the filing of a certified
copy hereof with said controller, said elerk shall transmit to said
controller a statement showing said city's financial condition as of
the close of the 1969-70 fiscal year and the funds from which it is
intended that such payment will be made and the souree of revenue to
be used therefor, including a certification that such payment will
not be made with ad valorernproperty taxes.
-1-
4170
. .
SECTION 4. That not later than 15 December 1970 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.
I HEREBY CERTIFY that the foregoing resolution was adopted
at a regular meeting:of the City Couneil of the City of Arcadia held
on "the 1st
day of December, 1970, by the affirmative vote of at
'leas t three Councilmen, to wi t :
AYES:
Councilmen Arth, Considine, Hage, Helms, and
Butterworth
NOES:
None
ABSENT: None
~fi;?Z~" ~~.d~
lty Cler of the City f Arcadia
SIGNED AND APPROVED this
, 1970.
,.;;;fi
rcadia
'~d?W~~
City Clerk
(SEAL)
-2-
4170