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HomeMy WebLinkAbout1702 . 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 ; .."I ..'1(..- .,------,.----- - -." 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: -2- " - \" . 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 ./ -3-