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RESOLUTION NO, 6319
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ARCADIA, CALIFORNIA, FIXING THE AMOUNT OF
REVENUE REQUIRED TO BE RAISED FROM PROPERTY
TAXES NECESSARY FOR FISCAL YEAR 2002-2003
TO PAY THE DEBT SERVICE ON THE GENERAL OBLIGATION
BONDS AND THE AUTHORIZED MAINTENANCE AND OPERATION
COSTS OF THE CITY LIGHTING DISTRICTS
THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1,
That the following is the amount of revenue necessary
during the fiscal year 2002-2003 to pay the authorized maintenance, operating
and capital improvement costs of the speCified Arcadia Consolidated Lighting
Districts:
District A $ 53,000
District B $ 73,000
District C $ 80,000
District D $ 39,000
District E $ 36,000
SECTION 2,
That 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 the fiscal year 2002-2003 to pay the authorized debt service on the Series
A, 2001 Annual Obligation Bonds: $601,066,
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SECTION 4,
That the City Clerk shall certify to the adoption of this
, Resolution,
Passed, approved and adopted this 20th day of August 2002,
ATTEST:' .
,~.J
y Clerk of the Cit?Of Arcadia
&
APPROVED AS TO FO~M:
~P.~
City' ttorney, City of Arcadia
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6319
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. 6319 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 20th day of August, 2002 and that said Resolution
was adopted by the following vote, to wit:
AYES: Councilmember Chang, Kovacic, Segal, Wuo and Marshall
NOES: None
ABSENT: None
of Arcadia
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6319