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RESOLUTION NO. 6382
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ARCADIA, CALIFORNIA, FIXING THE
AMOUNT OF REVENUE REQUIRED TO BE RAISED
FROM PROPERTY TAXES NESESSARY FOR
FISCAL YEAR 2003-2004 TO PAY THE DEBT
SERVICE ON THE GENERAL OBLIGATION BONDS
AND THE AUTHORIZED MAINTENANCE AND
OPERATING COSTS OF THE CITY LIGHTING
DISTRICTS
THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA,
DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS:
SECTION I.
The following is the amount of revenue necessary during
fiscal year 2003-2004 to pay the authorized maintenance, operating, and capital
improvement costs of the specified Arcadia Consolidated Lighting Districts:
District A $39,000
District B $43,000
District C $26,000
District D $88,000
District E $49,000
SECTION 2.
The above lighting maintenance districts illuminate rights
of way and therefore benefit streets.
SECTION 3.
That the following is the amount of revenue necessary
during fiscal year 2003-2004 to pay the authorized debt serVice on the Series A,
2001 Annual Obligation Bonds: $ 592,666.00.
SECTION 4. The City Clerk shall certify to the adoption of this Resolution.
, Passed, approved and adopted this 19th day of August 2003.
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M r of t e City 'of Arcadia
ATTEST:
APPROVED AS TO FORM:
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Stephen P. Deitsch
City Attorney
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS:
CITY OF ARCADIA )
I, JUNE D. ALFORD, City Clerk of the City of Arcadia, hereby certifies that
the foregoing Resolution No. 6382 was passed and adopted by the City Council of the
City of Arcadia, signed by the Mayor and attested to by the City Clerk at a regular
meeting of said Council held on the 19th day of August, 2003 and that said Resolution
was adopted by the following vote, to wit:
AYES: Council Members Chang, Marshall, Segal, Wuo and Kovacic
NOES: None
ABSENT: None
of Arcadia
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