HomeMy WebLinkAbout6590RESOLUTION NO. 6590
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ARCADIA, CALIFORNIA, FIXING THE AMOUNT OF
REVENUE REQUIRED TO BE RAISED FROM PROPERTY
TAXES NECESSARY FOR FISCAL YEAR 2007-2008 TO
PAY THE DEBT SERVICE ON THE GENERAL
OBLIGATION BONDS AND THE AUTHORIZED
MAINTENANCE AND OPERATING COSTS OF THE CITY
LIGHTING DISTRICTS
THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES
HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS:
SECTION 1. That the following is the amount of revenue necessary during the
fiscal year 2007-2008 to pay the authorized maintenance, operating, and capital
improvement costs of the specified Arcadia Consolidated Lighting Districts:
District A $24,800
District B $54,000
District C $90,400
District D $10,000
District E $67,000
SECTION 2. That the above lighting maintenance districts illuminate rights of
way and therefore benefit streets.
SECTION 3. That the following is the amount of revenue necessary during fiscal
year 2007-2008 to pay the authorized debt service on the Series A, 2001 Annual
Obligation Bonds: $456,000.
SECTION 4. The City Clerk shall certify to the adoption of this Resolution.
Passed, approved and adopted this 21 st day of August, 2007.
Mayor of th City of Arcadia
ATTEST:
~~
ity Clerk of the City of Arcadia
APPROVED AS TO FORM:
CY ~. ~ i~
Stephen P. Deitsch
City Attorney
6590
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES) SS:
CITY OF ARCADIA )
I, JAMES H. BARROWS, City Clerk of the City of Arcadia, hereby certifies
that the foregoing Resolution No. 6590 was passed and adopted by the City Council
of the City of Arcadia, signed by the Mayor and attested to by the City Clerk at a
regular meeting of said Council held on the 21st day of August, 2007 and that said
Resolution was adopted by the following vote, to wit:
AYES: Council Member Amundson, Chandler, Harbicht, Wuo and Segal
NOES: None
ABSENT: None
ity Clerk of the City of Arcadia
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