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HomeMy WebLinkAboutCC Ord 940 1974-08-12 I I I ... : - ORDINANCE NUMBER ~~l? AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH, CALIFORNIA, FIXING AND DETERMINING THE RATE OF TAXES TO BE LEVIED FOR MUNICIPAL PURPOSES OF THE CITY OF SEAL BEACH FOR FISCAL YEAR 1974-75, AND DECLARING THE URGENCY THEREOF, AND THAT THIS ORDINANCE SHALL TAKE EFFECT IMMEDIATELY. THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES ORDAIN AS FOLLOWS: Section 1. That the amount of money ascertained and necessary to be raised by taxation upon the taxable property within the City of Seal Beach as revenue to carryon the various departments of the City for the current fiscal year of 1974-75 is fixed at the sum of $1,358,017. Section 2. That the total value of the taxable property in the City of Seal Beach has been determined to have a valuation of $101,518,715 and that figure shall be used as a basis for the levy of taxes for the City of Seal Beach, which levy shall be made and collected as provided by law. Section 3. That the rate of taxes for municipal purposes of the City of Seal Beach for the current fiscal year is hereby fixed at $1.35 for each $100 of the taxable property in said City, and said sum is hereby levied upon all of said taxable property in said City of Seal Beach, and which rate, so fixed, shall be apportioned among the general and special funds to pay the current expenses of said City for the fiscal year of 1974-75 and other several sums to be raised and fixed by law, as follows: 1. For the General Fund, $1.00 on each $100 of the taxable property in said City. 2. For the maintenance and construction of parks and boulevards, pursuant to Section 5304 of the Public Resources Code, $.10 on each $100 of the taxable prooerty in said City. 3. For the State Employees Retirement System, $.25 on each $100 of the taxable property in said City. Section 4. This ordinance shall take effect and be in force immediately upon its adoption as an emergency ordinance, and facts constituting its urgency are as follows: Section 51511 of the Government Code requires that the rate of taxes be fixed annually before September 1st, and that tne legislative body of the City shall immediately transmit to the County Auditor a s~atement of rates fixed, and it is therefore, necessary that this ordinance be effective immediately in order that the regulations of the Government Code may be fulfilled. Section 5. The City Clark shall certify to the passage and adoption of this ordinance by the City Council and shall cause the same to be posted as required by law, and shall forward a certified copy thereof to the County Auditor of the County of Orange. , , .... .. Ordinance Number ~~ . Page Two PASSED, APPROVED AND ADOPTED by the City Council of the City of Seal Beach at a meeting thereof held on the 12th day of August 1974. I, Jerdys Weir, City Clerk of the City of Seal Beach, do hereby certify to the passage and adoption of the foregoing ordinance by the City Council at a meeting thereof held on the 12th day of August 1974 by the following vote: f) -1 I AYES, "''''d'~"~.b.~/.u-1 ~r"'..v, ~.) [~OES: councilmen~;;; . ABSENT: Councilmen ~~/~~ I GJ~'~' JeYJ!Ys Welll, City er I /' STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF SEAL BEACH ) I }l~ ~- MaY6r Pro Tempore ' '- ~YL~~ -