Loading...
HomeMy WebLinkAbout3972 .' RESOLUTION NO. 3972 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, 1968, AS SUCH AMOUNT OF TAXES SHALL BE- FIXED IN AUGUST, 1968, 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 South- ern California for the fiscal year 1968-1969, to be derived from the area of said District within said City of Arcadia, as such amount of taxes shall be fixed in August, 1968, by resolution of the Board of Directors of said The Metropolitan Water District of Southern Cali- fornia, 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, 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 pay out of its municipal funds one hundred per cent (100%) of the amount -1- 3972 of taxes to be derived from the area of said District within the City of Arcadia, as such amount of taxes shall be fixed in August, 1968,by resolution of the Board of Directors of said The Metro- politan Water District of Southern California for the fiscal year commencing July 1, 1968 and ending June 30, 1969, 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 8th day of December, 1967, 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,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 -2- 3972 , shall cause to be transmitted to said Controller a statement show- ing the financial condition.of said City, the funds, fron, which, it is intended that such payment will be made, and the sources of revenue to be used therefor, and not later than the 8th day of December, 1967, 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 wi th 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 5th day of December, 1967, by the affirmative vote of at least three Councilmen, to wit: AYES: Councilmen Arth, Forman, Hage and Considine NOES: Councilman Butterworth ABSENT: .pg-d -'d ~-4~ ~ite;r~ th~t{:r Arcadia SIGNED AND APPROVED this 5th day of December, 1967. None ATTEST: ~2;'~~ City Clerk / (SEAL) , " . r .' -3- 3972