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HomeMy WebLinkAbout2531 . 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 : . 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 . 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 . 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 . - 1 - 2531 . . 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. . . 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 . - 2 - 2531 . 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 . ~ 'City C erk of the City of Arcadia SIGNED AND APPROVED this 17th day of August, 1954. ~~ ATTEST: . ~~~ City Clerk . . - .3 - 2531