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HomeMy WebLinkAbout1803 RESOLUTION NO.1803 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA FIXING THE TAX LEVY FOR MUNICIPAL PURPOSES FOR THE FISCAL YEAR OF 1948-49. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That there shall be and there is hereby levied for the fiscal year 1948-49, 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 princi- pal or interest on bonds of the City of Arcadia outstanding on the date of such annexation, except those properties included in the terri- tories designated as, '~est Arcadia Annex", and "Vest Arcadia Annex No.2", which shall be taxed equally with all other property within the City of Arcadia to pay the bonded indebtedness of the City out- standing for 1946 Sewer Bonds heretofore authorized and issued by the City of Arcadia or any indebtedness heretofore authorized and to be represented by bonds of the City of Arcadia, hereafter to be issued, as provided in Ordinance No.64l, adopted April 15, 1947, and Ordinance No.65l, adopted June 3, 1947) a tax as follows: For all municipal purposes, exclusive of the payment of taxes for public library purposes, Planning Commission, 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 $.9170; For the purpose ot payment of contribution of the City of Arcadia to State Employees' Retirement System, the sum of $.1032; For the purpose of supporting and defraying the expense of the public library of said City of Arcadia, the sum of $0.1179; -1- ~~ For the purpose 0 f paying the principal and interest of "Library Bonds 1929, interest and Sinking Fund", the sum of $.0080; For the purpose of paying the principal and interest of "Street Bonds 1914, Interest and Sinking Fund", the sum of $.0180; For the purpose qil:' paying the principal and interest of "Street Bonds 1924, Interest and Sinking Fund", the sum of $.0324; For the purpose of paying the principal and interest of "Water Bonds 1914, Interest and Sinking Fund", the sum of $.0170; For the purpose of paying the principal and interest of "Water Bonds 1919, Interest and Sinking Fund". the sum of $.0214; For the purpose of paying the principal and interest of "Water Bonds 1927, ~nterest and Sinking Fund", the sum of $.0344; For the purpose of supporting and defraying the expense of the City Planning Commission of the City of Arcadia, the sum of $.0207. SECTION 2. The City Clerk shall certify to the adoption of this ReS!) lution. I HEREBY CERTIFY that the foregoing Resolution was adopted at a regular meeting of the City Council of the City of Arcadia, held on the 7th day of September, 1948, by the affirmative vote of at least three Councilmen, towit: AYES : Councilmen, Boucher, Klomp, Libby, Nugent and Russell NOES : None ABSENT : None CltY~{'~"'oadI' September, 1948. ~ ~~~~ u~LC/ M!W 0; 0 l Y of Arcadia SIGNED and APPROVED this 7th day of -2-