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RESOLu~IOH NO. 1702
A RESOLUTION OF THE GTY CmmCIL OF THE CITY OF ARCADIA
FIXli\G rIlli TAX LbVY FOR i..UllICIPAL PURl'OS~;:; FOR THE
PISCAL y.r<;AR OP 1947w1948.
TE.E CI'l'Y COUNCIL OF. Tfu: CITY OF ARCADIA roBS HEREBY
HESOLV.c; AS FOLLO,IS:
SECTION 1. That there shall be and there is hereby leviea
for the fiscal year 1947-1948, upon each ONE HUiIDRlm (\~lOO.OO)
:OO:':,LiiRS \Iorth of the assessed valuation of taxable property within
the City of Arcadia (flrovided, that no property within any territory
heretofore annexed to the City of Arcadia shall be taxed to pay
any portion cd:' the principal or interost on bonds of the City of
Arcadia ~utstanding on the date of such ap~exation, except those
properties included in the territories desiGnated as, "":lest Arcadia
Annexll, and "'.lest Arcadia Annex !-;o. 2 ". which shall be taxed
e~ally with all other property within the City of Arcadia to pay
the bonded indebtedness of the City outstanding 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 providod in
Ordinance No. 641, adopted April 15. 1947. and Ordinance ~o. 651,
adopted June 3. 1947 ) a tax as follows:
For all ~icipal purposes, exclusive of the payment of
taxes for public library purposes. payment of principal and
interest on b:>nded indebtedness of the City, and payment of
the oblir,atio:1. of the City for employees' retireMent, under
provisions of the California State ~~ployees' RetireMent Act,
the sum of :"J.\~494;
For the purpose of payment of contribution of the City
of Arcadia to state Employees I Retirement SysteM, the su m of
~/.1072 ;
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For the purpose of supporting and defraying the expense
of the public library of said City of Arcadia, the sum of
$0.1088;
For the purpose of paying the principal and interest
of IlLibrary Bonds 1929, interest and Sinking Fund", the
sum of $..0081.;
For the purpose of paying the principal and interest
of IlStreet Bonds 1914, Interest and Sinking Fund", the sum
of $. 0220r
For the purpose of paying the principal and interest of
"Street Bonds 1924, Interest and Sinking Fund", the sum 01'
$..0446 ;
For the purpose of paying the principal and interest
of IlWater Bonds 1914. Interest and Sinking Fund", the sum of
$.0213;
For the purpose of payingthe principal and interest of
"\"later Bonds 1919, Interest and Sinking Fund", the sum of
$.0264;
For the purpose of paying the principal and interest of
"Hater Bonds 1927, Interest and Sinking Fund", the sum of
$.0422;
For the purpose of supporting and defraying the expense
of the City Planning Connnission of the City of Arcadia, the sum
of $0..0500.
SECTION 2. The City Clerk shall certify to the adoption 01'
this Resolution.
I HEREBY CERTIFY that the foregoing ResolutiOl was adopted
at a regular meeting of the City Council of the City of Arcadia,
held on the 19th day of August, 1947, by the affirmative vote of
at least thr!le CounCilmen. towit:
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AYES
NOES
: Councilmen Adcock, Ormsby and Russell
: None
ABSENT :
CouncilMen Leeper and Nugent
~e
City erk of the
SIGNED and APPROVED this 19th day of August, 1947.
rJ11. ~/~.
1.layor of the C ty of rcadia
ATTEST, ~'
~ ;::: .( .
City Clerk ./
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