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RESOLUTION NO. 1418.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA
FIXING THE TAX IEVY FOR MUNICIPAL PURPOSES FOR THE FISCAL YEAR OF
1945-1946.
THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS
FOLLOWS:
SECTION 1. That there shall be and there is hereby levied
for the fiscal year 1945-1946, upon each ONE HUNDRED ($100.00)
DOLLARS worth of the assessed valuation of taxable property within
the City of Arcadia (provided, that no property within any territory
heretofore annexed to the City of Arcadia shall be taxed to pay
any portion of the principal or interest on bonds of the City of
Arcadia outstanding on the date of such annexation), a tax as
follows:
For all municipal purposes, exclusive of the payment of
taxes for public library purposes, payment of principal and interest
on bonded indebtedness of the City, and payment of the obligation
of the City for employees' retirement, under prOVisions of the
California state Employees' Retirement Act, the sum of $0.978491;
For the purpose of payment of contribution of the City
of Arcadia to State Employees' Retirement System, the sum of
$0.112554;
For the purpose of supporting and defraying the expense
of the publiC library of said City of Arcadia, the sum of $0.182255;
For the purpose of paying the principal and interest of
"Library Bonds 1929, Interest and Sinking Fund", the sum of $0.019228;
For the purpose of paying the principal and interest of
"Street Bonds 1914, Interest and Sinking Fund", the sum of $0.044646;
For the purpose of paying the principal and interest of
"Street Bonds 1924, Interest and Sinking Fund", the sum of $0.087785;
For the purpose of paying the principal and interest of
"Water Bonds 1914, Interest and Sinking Fund", the sum of $0.043688;
For the purpose of paying the principal and interest of
"Water Bonds 1919, Interest and Sinkine; Fund", the sum of $0.052496;
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For the purpOSe of paying the principal and interest of
"Water Bonds 1927, Interest and Sinking Fund", the sum of $0.085199;
For the purpose of paying the principal and interest of
"Sewer Bonds 1945, Interest and Sinking Fund", the sum of $0.373658.
SECTION 2. The City Clerk shall certify to the adoption of
this Resolution.
I hereby certify that the foregoing Resolution was adopted
at an adjourned regular meeting of the City Council of the City of
Arcadia, held on the 5th day of September, 1945, by the affirmative
vote of at least three Councilmen, to wit:
AYES: Councilmen Adcock, Leeper, Nugent and Ormsby
NOES: None
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Signed and approved this 5th day of September, 1945.
ABSENT: Councilman Russell
ATTEST: .
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