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Home My WebLink AboutCC Ord 228 1938-09-02 " 1:') , ., /- ,,:: '1'2,~ ,. r _ .-. . ." .f.-t L'r.I- 9/ ' ,. -;< - , I ..1 . . ..... .. I ORDINANCE NO. 228 AN ORDINANCE OF THE CITY 'OF SEAL BEACH, CALIFORNIA', FIXING THE RATE OF TAXES NEXHi8SARY AS A REVENUE Tb CARRY ON THE VAR1IOUS DEPARTME:NTS OF THE CITY OF SEAL BEACH, AND TO PAY THE BONDED INDEBTEDNFBS FALLING mE FOR THE CURRENT YEAR 1938-1939; FIXING THE RATE-:-OF TAXATION FOR THE CURRENT YEAR 1938-1939; DESIGNATIm THE NUMBER OF CENTS ON EACH ONE HUNDRED DOLLARS OF PROPERTY VALUATION FOR THE VARIOUS FUNDS OF SAID CITY UPON THE WHOLE OF THE TAXABLE PROPERfi OF SAID CITY AS ASSESSED 'BY THE CITY ASSESSOR AND EQUALIZED BY THE CITY COUNCIL OF SAID CIfi AND HEREBY LEVIED UPON THE WHOLE OF SUCH TAXABLE PROPERTY OF SAID CITY OF SEAL BEACH. The City Council ot the City ot Seal Beach, Cal1f'ornia do ordain; as tollows: ' I WHEREAS, the registered voters ot the gity ot Seal Beach. Cal1torn1a, under Ordinance No.154, entitled: An Ordinance or tl'le City ot Seal Beach~ Calitornia, for the Assessment and Collection ot Taxes in said City, the Appointment ot a Deputy City Clerk who shall be Ex-Otticio Tax Assessor, and Repealing Ordinance NO.12, and all Ordtnances and parts ot Ordinances in contlict herewith", did at a General Municipal Election held in said. City on April 14th, 1930, at which such Ordinance was submitted as a Reterendum, cast a sutticient number ot votes in tavor ot such Ordinance, relative to the assessme t and collection ot taxes tor the municipal corporation of said City 0 Seal Beach, and by such Ordinance there was created in said City the otf1ce ot a Deputy City Clerk wl).o shall be Ex-Otficio Assessor and Tsx Collector ot said City; and, WHEREAS, such Assessor has completed an Assessment ot all taxa ble property within the corporate limits ot said City subject to tax - tion in acaordsnce with the provisions ot' said Ordi~nce, the Laws a the Constitution ot the State ot Calitornia, and prepared an assess- ment roll thereot, sod deposited the same with the City Clerk for su - mission to the City Council ot said, City, and which City Council has duly equalized the same, showing the total value ot all property wit - in the City ot Seal Beach tor the corporate year 1938-1939 as equal- ized and to be collected, and fixed the sum, as shown by' said Assess meot Roll tor ssid year: at $ 7,099,845.00 .; and, WHEREAS, the amount ot money ascertained eod necessary to be raised by taxation upon the taxable property within the City ot Seal Beach es a revenue to car~ on the various departments ot said City, and to pay the bonded indebtedness talling dne tor the current year 1938-1939 is tixed at the sum ot $ 97.583.00 ; and, WHEREAS, said sum is to be apportioned among the various depart ments ot the City ot Seal Beach end placed in the General and Specie Funds to pay current municipal expenses on the assessed value ot ell real and personal property within such municipality over and above the several sums raised and to be raised as provided by law; and, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL; BB tollows: Section 1: That the total valuation of the taxable property ot the City ot Seal Beach is the sum ot e ~,nQQ,R4n_nn and shall be used as a basis tor the levy ot the taxes tor the City ot Seal Beach Cal1tornia, which levy shall be made and collected BB by law provide . Section 2: That the rate ot taxes for municipal purposes and to .1 page 1. I I I Ordinance Number . pay the bonded indebtedness and interest ot the city ot Seal Beach, Calitornia, tor the current year 1938-1939 is hereby tixed at $1.15 on each One HUndred Dollars ot the taxable property ot said City,and said sum is hereby levied upon allot said taxable property ot said city as ascertained and assessed by the City ~asessor and equalized by the City Council ot th~ City ot ~eal BeaCh, Calitornia, as atore- said, and which said rate, so tixed, shall be apportioned among the general and special tu~da to pay the current expensea, bonded indebt edness and interest and other indebtedness ot said City talling due tor the tiscal year 1938-1939 and other several sums to be tixed as provided by law; as tollows; to wit: A. For the General FUnd $ 0.7450n each One HUndred Dollars ot the taxable property ot said City; B. For the MUsic and Promotion FUnd 0 0.029 on each One Hundred Dollars ot the taxable property ot said City; C. For the \Vater operating F\1nd $ 0.081 on each One Hun- dred Dollars ot the taxable property ot said City; D. For the Sewer Bond Indebtedness F\1nd ot 1917 $ 0.031 on each One Hundred Dollars ot the taxable property ot ssid City; E. For the Sewer Bond Indebtedness FUnd ot 1928.aO.017 on each One Hundred Dollars ot the taxable property ot ssid City; F. Pol' the Municipal Improvement Bond FUnd $ 0.056 on each One Hundred Dollars ot the taxable property ot said City; G. For the Waterworks Bond Indebtedness Fund ot 1922 (? 0.042 on each One Hundred Dollars ot the taxable property ot said City; H. For the sewage'.Treatment Bond Fund ot 1935 $ 0.047 on each One Hundred Dollars ot the taxable property ot said City; I. 11'0r the Bre8'kwater Bond Fund ot 1935 $ 0.072 on each One HUndred Dollars ot the taxable property ot said City; J. For the waterworks Bond Fund ot 1935 $ 0.030 on each One Hundred Dollars ot the taxable property ot said City; Section 3: The City Clerk shall cause this Ordinance to be pub- lished once in the Seal Beach Post & wave, a newspaper printed, pub- page 2. Ordinance Number ~ ~ '. lished and generally circulated in the City ot Seal Besch, Calitorn , and it shall thereupon take .trect. I passed, Adopted and Approved this ~day ot September, 1938. Attest: --'2't ~, 1141 LiA J it1 City Clerk ~ Mayor ( SEA L ) I I page 3.