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HomeMy WebLinkAboutCC Ord 763 1968-08-19 I I I ~,'. ." .,_..,- ORDINANCE NUMBER "763 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 AND TO PAY THE BONDED INDEBTEDNESS AND 'INTEREST OF THE CITY OF SEAL BEACH FOR FISCAL YEAR 1968-69, 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 of Seal Beach for the current fiscal year of 1968-69 is fixed at the sum of $886,470.08 ' SECTION 2. That the total value of the taxable property in the City of Seal Beach has been determined to have a valuation ,of $65,664,450, and 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 and to pay the bonded indebtedness and interest of the City of Seal Beach for the current fiscal,yea:r1968-69 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 taxablepr6perty.in the said City of Seal Beach, and which rate, so fixed, shall be apportioned among the general and special funds to pay the current expenses, bonded indebted- ness and interest and other indebtednesses of said City falling due for the fiscal year of 1968-69, and other several sums to be raised ,and fixed by law, as follows: 1. For the General Fund, $.987 on each $100 of the taxable property of said City; 2. For the maintenance and construction of parks and boulevards, pursuant to Section 5304 of the Public Resources Code, $.265 on each $100 of the taxable property of said City; 3. For the State Employees Retirement System, $:0,98 on each $100 of the taxable property in. said City. I I I " "\, Ordina.nce Number ,- 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 the legislative body 'of the City shall immediately transmit to the County Auditor a statement 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 Clerk 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. PASSED, APPROVED, AND ADOPTED by the City Council~f the City of Seal Beach at a meeting thereof held on the -14--'day of August, 1968. ,l~'"J-..-.,J?~~ ATTEST: .' . , g/~'fZ7j 7/t~ City" lerk I, Jerdys Weir, City Clerk of the City of Seal Beach, do hereby certify to the passage and adoption of the foregoing,Qrdinance by the City Council at a meeting thereof held on the /1 tiday of August, 1968, by the following vote: . AYES: councilmen~, ~.4.m ~ ,~~~, ~ NOES: Councilinen 7/~ Councilmen -n~, ABSENT: ~1!r7S~ u ) iI, ~ERDYS WEIR,CITY CLERK OF THE CITY OF SEAl. BEACH, DO HEREBY CERTIFY THAT THE FOREGOING ORDINANCE IS n~E ORiGINAL ORDlr,!ANCE NO 7&3- , ....... '''m'''''''m AND WAS POSTED PIJRSUANT TO ORD. IN~~, 672 ON ~u:"DAY OF,6f.~.., r9{.'t ....~+..............~........... CITY CLERI\