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RESOLUTION NO. 3841
A RESOLUTION AND ORDER OF THE CITY COUNCIL OF
THE CITY OF ARCADIA, CALIFORNIA, DECLARING ITS
INTENTION TO PAY OUT OF ITS MUNICIPAL FUNDS ONE
HUNDRED PER CENT (100%) OF THE AMOUNT OF TAXES
TO BE DERIVED FROM THE AREA OF THE METROPOLITAN
WATER DISTRICT OF SOUTHERN CALIFORNIA WITHIN THE
CITY OF ARCADIA FOR THE FISCAL YEAR BEGINNING
JULY 1, 1966, AS SUCH AMOUNT OF TAXES SHALL BE
FIXED IN AUGUST, 1966, BY RESOLUTION OF THE
BOARD OF DIRECTORS OF SUCH METROPOLITAN WATER
DISTRICT.
WHEREAS, the City of Arcadia is a municipal corporation and
a public agency within the meaning of Section 8.1 or Section 8.2 of the
Metropolitan Water District Act of the State of California, as amended
(Stats. 1927, page 694, as amended; Deering's General Laws, Act 9129); and
. WHEREAS, the City Council of said City of Arcadia is desirous
of declaring its intention, pursuant to the provisions of said Section
8.2 of the Metropolitan Water District Act, to payout of the municipal
funds of said City one hundred per cent (100%) of the amount of the taxes
of The Metropolitan Water District of Southern California for the fiscal
year 1966-1967, to be derived from the area of said District within said
City of Arcadia, as such amount of taxes shall be fixed in August, 1966,
by resolution of the Board of Directors of said The Metropolitan Water
District of Southern California, and it appears that there will be suffi-
cient money in the Water Fund of said City to make such payment;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA,
CALIFORNIA, DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That said City Council hereby and herein declares
its intention, on behalf of the City of Arcadia, to payout of its muni-
cipal funds one hundred per cent (100%) of the amount of taxes to be
^
derived from the area of said District within the City of Arcadia, as
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such amount of taxes shall be fixed in August, 1966, by re~olution of
the Board of Directors of said The Metropolitan Water District of
Southern California for the fiscal year commencing July l~ 1966 and
ending June 30, 1967, and that the said City of Arcadia, pursuant to
the provisions of paragraph (d) of Section 8 of the Metropolitan Water
District Act, as amended, and at the time and in the manner therein
provided, will elect to pay one hundred per cent (100%) of the amount
of taxes to be derived from said City of Arcadia as so fixed by said
resolution of the Board of Directors of said District.
SECTION 2. That immediately upon the adoption of this
declaration of intention and order, and in no event later than the
lOth day of December, 1965, two certified copies of this resolution,
declaration of intention and order shall be filed by the City Clerk
of the City of Arcadia with the Controller of said The Metropolitan
Water District of Southern California, and one certified copy hereof
with the County Assessor and County Auditor of the County of Los
Angeles, and with the State Board of Equalization, .accompanied in each
instance by a statement of the existence of the City of Arcadia as a
municipal corporation located in the County of Los Angeles, State of
California, together with a legal description of the boundaries of
said City of Arcadia as most recently changed, together with a map or
plat indicating such boundaries.
SECTION 3. That concurrently with the certification to
the Controller of said The Metropolitan Water District of Southern
California of said declaration of intention, accompanied by such state-
ment and map or plat, the said City Clerk shall transmit or shall cause
to be transmitted to said Controller a statement showing the financial
condition of said City, the funds from which it is intended that such
payment will be made, and the sources of revenue to be used therefor,
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and not later than the lOth day of December, 1965, shall file, or
cause to be filed, with said Controller proof that a certified copy
of said declaration and such statement and map or plat have been filed
with said County Assessor and County Auditor, and with said State
Board of Equalization.
SECTION 4. The City Clerk shall certify to the adoption
of this resolution.
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 December
, 1965, by the affirmative vote
of at least three Councilmen, to wit:
AYES: Councilmen Balser, Considine, Forman, Turner and Reibold
NOES: None
ABSENT: None
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City Clerk of the City 0 Arcadia
SIGNED AND
, 1965.
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City Clerk
(SEAL)
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