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RESOLu~ION no. 1058.
A m;S,lIUTLGi\f 0:: ~rrr: CITY C0\Jwcn OJ' 'Pill CITY OF ARCA~)IA
FIXING TIrE Tf,X L;;'VY FOR ;,IUIHCIPAL PURPOSES FOR THE FISCAL YEAR
1940-1941.
THE CITY COUNCIL OF THE CITY OF ARCA1)IA DOES J.l'.SOLVE
Ai.O ;'-,)LLO.:S:
SEC~~~l-1. That there shall be and there is hereby levied
for the fiscal year 1940-1941, upon each OnE IIDNDRED ($100.00) DOLLAi1.S
worth of the assessed valuation of taxable property within said City
of Arcadia (provided, that the property annexed to the City of Arcadia
by the election held April 14, 1936, and fully described in the annex-
ation proceedin,;s, shall not bo assessed to pay any part of the principal
or interest on outstanding bonds), a tax as follo~s:
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For all municipal purposes, exclusive of the payment of . U{
taxes for Public Library purposes, and of the payment of the princiP~~;'7
and interest on the Bonded Indebtedness of the City of Arco.,Ua, the ,13
.Dc:'
,07
For the pu"pose of supc-ortine and defrayin~ the expense of . ()iIi
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the Public Library of said City of Arcadia, the sum of .09632 cents'./:_3~,~
For the purpose of payinG the principal and interent of
sum of .8437 cents.
"1929 Library Bond, Interest and Sinking Fundtl the sum of .03144 cents.
For the purpose of paying the principal and interest of
t1f1rco.dia Stroot Eonc1s, 1914 Interest and Sinking Fund," the sum of
.06716 cents.
For the purpose of payinG the prinCipal and interest of
t1,~rcadio. Street E,onds, 1924 Intcrest and Sinking Fund", the sum of
.13297' cents.
For the purpose of ray1n3 the principal and interest of
t1Arco.dla ':later Be,nds, 1914 Intorest and Sin]{in:; Ptmd".. the s UT.1 of
.06351 cents.
For the purpose of payinG the principal and interest of
"Arcadia 17ater Be,nds, 1919 Interest and SinkinG Fundtl, the sum of
.07264 cants.
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For thE' purpose of paying the principal and interest of
"Arcadia Water Bonds, 1927 Interest and Sinkin(l Fund", the sum of
.09226 cents.
SEC'!'IOl! 2. The City Clerk shall certify to the adoption
of this Resolution.
I hereby certify that the foregoing Resolution was adopted
at a ree;u1ar meetinG of the City Council of the City of Arcadia, held
on the 3rd day 01' Septe14oer, 1940, by the af'firma ti ve vote of at 10 ast
three Councilmen, to-~it:
AYES: C:ouncilmen, Adcock, Bolz, Leeper, Ormsby and Perkins,
NOSS: None.
ABSE:iT: None.
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- C ty 1erk
Si~ed and approved this
'I'd day of September, 1940.
~(~q~
i.1ayor
ATT:::':ST:
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--- Ci Y ,0erk.
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