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RESOLUTION NO. 4044
A RESOLUTION AND ORDER OF THE CITY COUNCIL OF
THE CITY OF ARCADIA DECLARING ITS INTENTION TO
PAY OUT OF ITS MUNICIPAL FUNDS 50 % 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, 1969, AS SUCH
AMOUNT OF TAXES SHALL BE FIXED IN AUGUST, 1969,
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 Califor-
nia, 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 50% of the amount of the taxes
of The Metropolitan Water District of Southern California for the
fiscal year 1969-1970, to be derived from the area of said District
within said City of Arcadia, as such amount of taxes shall be fixed
in August, 1969, by resolution of the Board of Directors of said
The Metropolitan Water District of Southern California, and it
appears that there will be sufficient money in the Water Fund of
said City to make such payment;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA
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 pay
out of its municipal funds ~ of the amount of taxes to be de-
rived from the area of said District within the City of Arcadia,
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as such amount of taxes shall be fixed in August, 1969, by reso-
lution of the Board of Directors of said The Metropolitan Water
District of Southern California for the fiscal year commencing
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July 1,1909 and ending June 30, 1970, 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 ~ 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
10th day of December, 1968, 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 here-
of 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 boun-
daries 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
statement and map or plat, the said City Clerk shall transmit or
shall cause to be transmitted to said Controller a statement show-
ing the financial condition of said City, the funds from which it
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is intended that such payment will be made, and the sources of
revenue to be used therefor, and not later than the lOth day of
December, 1968, shall file or cause to be filed, with said Con-
troller 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 3rd day of December, 1968, by the affirmative vote of at
least three Councilmen, to wit:
AYES:
Councilmen Arth, Butterworth, Helms and Hage
NOES:
Councilman Considine
ABSENT:
None
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City Clerk of the City of Arcadia
SIGNED AND APPROVED this
, 1968.
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