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RESOLUTION NO. 2531
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA
FmNG THE TAX LEVY FOR MUNICIPAL PURPOSES FOR TIlE FISCAL
YEAR 1954-55 UPON ALL THE TAXABLE PROPERTY IN THE CITY OF
ARCADIA
THE CITY OOUNCIL OF THE CITY OF ARCADIA DOES HEREBY RESOLVE AS
FOIUlI'lS :
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SECTIO N 1. That there shall be and there is hereby levied for unmici-
pal purposes for the fiscal year 1954-55 upon each ONE HUNDRED DOUARS ($100.00)
Harth of assessed valuation of taxable property Hitbin 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 except
those properties included in the territories designated as "Hest Arcadia
Annex", "\"Jest Arcadia Annex No.2", "I-Test Arcadia Annex No.4", which shall be
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taxed equally with all other property Hithin the City of Arcadia to pay the
bonded indebtedness of the City outstanding for 1946 seller bonds heretofore
authorized and issued by the City of Arcadia and any indebtedness heretofore
authorized and to be represented by bonds of tho City of Arcadia hereafter to
be issued, as provided respectively in Ordinance No. 64l adopted April 15,
1947, OrdinanCQ No. 651 adopted June 3, 1947, and Ordinance No. 759 adopted
l.farch 15, 1949, and excepting those properties included in the territory dosig-
nated as "West Arcadia Annox No. 7ft, which shall be taxed equally with all
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other property "ithin the City of Arcadia to pay the bonded indebtedness of
the City outstanding on the date of such annexation for 1914 Street Bonds,
1914 Water Bonds, 1919 I-Jater Bonds, 1924 Street Bonds, 1927 l\later Bonds, 1929
Library Bonds and 1946 Seuer bonds theretofore authorized and issued by the
City of Arcadia, as provided in Ordinance No. 848 adopted May 20, 1952), a
tax as follovs:
For all municipal purposes, exclusive of the payment of taxes for
public library purposes, City planning, recreation and parks, payment of
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principal and interest on bonded indebtedness of the City, and payment of the
obligation of the City for employees' retirement, under provisions of the Cali-
fornia State Employees' Retirement Act, the sum of $0.7747;
For the purpose of pll"JllIel1t of contribution of the City of Arcadia to
State J!}nployees' Retirement System, the Sulll of $0.0803;
For the purpose of supporting and defraying the expense of the public
library of said City of Arcadia. the Sulll of $0.1231;
For the purpose of paying the principal and interest of all general
obligation bonds of the Ci~, except the 1946 Sewer Bonds, the Sulll of $0.0504;
For the purpose of paying the principal and interest of "1946 Sever
BondS", the sum of $0.0271;
For the purpose of supporting and defraying the ~ense of the City's
Recreation program, the sum of $0.0333;
For the purpose of supporting and defraying the expense of the City
Planning Commission of the Ci~ of Arcadia, the sum of $a.Olll;
That the rate of taxes necessary to be levied for the fiscal year
195!t.5~~ for defraying the expense and maintenance and operation of the lighting
and maintenance districts of said City shall be, and the same is hereby fixed,
established and levied (pursuant to Section 18730 of the Streets and Highways
Code of the State of California) at the following rate, upon each ONE HUNDRED
DOLLARS ($100.00) of the assessed valuation of taxable land, exclusive of
improvements, in each district,
District No.3. the sum of $0.20655; District No.4, the sum of
(.\0.35066; District No.5. the sum of $O.la843; District No. 6 (Zone 1 . Residen-
tial) the sum of $0.42127; District No.6 (Zone 2 - Commercial) the sum of
$0.69344; District No.7, the sum of $1.62227.
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SECTION 2. The City Clerk shall certify to the adoption 0 f this
Resolution and cause the same to be published once in the Arcadia Bulletin, a
newspaper of general circulation. printed and publ1l1bed in this City, ldthin
fifteen (15) days after the date of its adoption.
I IIEIill:BY CERTIFY that the foregoing Resolution was adopted a.t a
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regular meeting 'of the City Council of the City of Arcadia, held on the 17th
day of August, 1954, by the affirmative vote of at least three Councilmen,
to-vit:
AYES: Councilmen Camphouse, Dennis, Dow and Hulse
NO&S: None
ABSENT: None
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'City C erk of the City of Arcadia
SIGNED AND APPROVED this 17th day of August, 1954.
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ATTEST:
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City Clerk
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