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HomeMy WebLinkAboutCC Ord 188 1934-08-20 I I l .. ORDINANCE NO. 188 AN ORDINANCE OF THE CITY OF SEAL BEACH, CALIFORNIA, FlXING THE BEE OF TAXES NEDESSARY AS A REVENUE TO CARRY ON THE VARIOUS DEPARTUENTS OF THE CITY OF SEAL BEACH, *ND TO PAY THE BONDED INDEBTEDNESS FALLING DIE FOR THE CUR- RENT YEAR 1934-35; FlXING THE RATE OF TAXATION FOR THE CURRENT YEAR 1934-35; DESIGNATING 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 PROPERTY OF SAID CITY AS ASSESSED BY THE CITY ASSESSOR AND ~/WIt IZED BY THE CITY COUNCIL OF SAID CITY AND HERmY LEVIED UPON THE \iHOLE OF SUCH TAXABLE PROPERTY OF SAID CITY OF SEAL BEACH. The City Council of the City of Seal BeaCh, Cali6>rnia, do ordain; . aa follows: \T.ffEREAS, the registered voters of the City of Seal Beaoh,California, under Ordinance No.154 entitled: "An Ordinanoe of the City ot Seal Beach, California, for the Assessment and Collect10n of ~e8 in said City, the Appointment of a Deputy City Clerk who shall be EE-Oft1cio Tax Assessor, and Repealing Ordinance No.12, and all Ordinances and parts of Ordinances in Conflict Herewith" ,did, at a General MUnioipal Election, held In said city on April 14th,1930, st which such Ordinance was submitted as a Refer- endum, cast a sufficient mumber of votes in favor of such Ordinance, 're- lative to the asessment and collection of taxes for the municipal Corpora- tion of said City of Seal Beach, and by such Ordinance there was created in said City the office of' a Deputy City Clerk who shall be Elt-Officio Assessor of said City; and, , , WH~S, such City Assessor has completed an sssessment of all taxa- ble property within the corporate limits of sa1d City subject to taxat10n in aocordance with the prov1sions of said Ordinanoe and the laws of the State of California, and prepared an Assessment Roll thereof, and depos1ted the same with the City Clerk for submission to the City Council of ssid City,and whioh said City Counoil have duly equalized the same, showing the total value of all property, within the City of Seal BeaCh for the corporate year 1934-35 ss equlaized and colleoted, and ftxed the sum. as shown by the Assessment Roll for said year, at '2.802.855.00 ,exolusive of operative property; and. WHEREAS, the amount of money ascertained and neoessary to be raised by taxation upon the taxable property with1n the City of Seal Beach ss a revenl1e to carry on the various departments of said City of Seal Beach,and to pay the bonded 1ndebtedness falling due for the current year 1934-35;1s ftxed at the sume of 139.239.97 ; and, WHEREAS, said sum ia to be apportioned among the various departments ot the City of Seal Beach, California, and placed in the Genersl and Spec- ial FUnds to pay current municipal expenses on the sssessed value of' all the real and personal property within such municipality over and above the several sums to> be raised as provided by law;and, NOW., THEREFORE, Section 1. That the total valuation of' the taxable property of' the City of Seal Beaoh in the sum of ,2.802.855.00 shall be used ss a basis for the levy of the taxes for the City of Seal BeaCh, 8ali- fornia, which levy shall be made and collected sa by law provided. .e~.2. That the rate of taxes tor municipal purposes and to pay the bonded indebtedness and interest of the City of Seal Beac~Qslif'ornia. Page 1. , I I I Ordinance Number for the current year 1934-35 is hereby fixed at v 1.40 on the taxable plloperty ot said City, and that said amount of iI' ~Q,2~Q Q'7is the aggregate and rate sum of '9 '_400n each One liundred Dollars of the taxable property ot said City, and the same is hereby levied upon all of the taxable property of said City as ascertalned and assessed by the City Aasessor and equalized by the City Council of the City of Seal Beach, Galltornia, as atoresaid, and which said rate, so fixed, shall be apportioned among the speclal funds to pay the current ex- penses, bonded indebtedneas and interest and other Indebtedness of said Clty falling due for the tisoal year 1934-35 and other several sums to be raised and fixed as provided by law; as tollows; towit: For the General Fund :;p 0.96 on each One Hundred Dollars of the taxable property ot said City; For the Sewer Bond Indebtedness Fund of 1917 :;P0.070n each One HUndred Dollars of the taxable property of said City; For the Sewer Bond Indebtedness FUnd of 1928 :;P,0.050n each One HUndred Dollars of the taxable property ot said City; For the ~nicipal Improvement Bond FUnd :;p 0.160n each One Hun- dred Dollsrs ot the taxable property of said City; For the Water Works Bonded Indebtedness EUnd :;jl o.l1.on each One Hundred Dollars of the taxable property of said City; For the Deficiency Bond Fund under 1915 Act ~ 0.050n each One Hundred Dollars of the taxable property of said Oity. Sed.3. The City'Clerk shall cause this Ordinance to be publlshed once In the Seal Beach Post & Wave, a newspaper printed, published and generally circulated in the City of Seal Beach,Galifornia,and cause the same to be posted in at least three publie places within said City and it shall thereupon take etfect. The above Ordinance passed,sdopted and approved this 20thday ot AUgust, 1934, by the t~oll wing vote; towit: ~ Ayes:Councilmen: _ ~~ __ Noes:Councilmen: ~ ;;' A~bsen~~:c~un~ci/j:1 . 1/ Attest: '/IJJLI.tLP'-""O Approved: y er May 0 Y ea Beac , Calitornia. Page 2.