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HomeMy WebLinkAboutCC Ord 140 1927-08-18 r ., I I 'I , " , , ~ . . ORDINANCE NO. 140 AN ORDINANCE OF 'l'RE CITY OFSEAL BEACH, CALIFOR- NIA, FIXING THE RATE OF TAXES NECESSARY AS A REVENUE TO CAR,{Y O~ THE VARIOUS DEPARTMENTS OF THE CITY OF SEAL BEACH, Al'ID TO PAY 'l'HE BONDED n.DEBTEDlilESS FALLING DUE, FOR 'rH.l!: CURREl-!T YEAR 1927-28; AND FIXll:G THE RATE OF TAXATION FOR THE CURRENT tEAR 1927-28; DESIGNATING THE NUMBER OF CENTS ON EACH ONE HUNDRED DOLL.l\.RS OF PROPERTY VALUATION FOR THE VARIOUS FmiDS OF SAID CITY UPON THE WHOLE OF THE 'fAXABLE PROPERTY OF SAID CITY AS ASSESSED BY THE COUNTY ASSESSOR OF Tllli CO'IDlTY OF ORANGE, STATE OF CALIFORNIA AND EQUALIZED BY THE BOARD OF SUPERVISORS OF SAID COUNTY AND HEREB'i LEVIED ON THE WHOLE OF SUCH TAXABLE PROPERTY OF SAID ClTY OF SEAL BEACH, The Board of Trustees of the City of Seal Beach, California, do ordain as follows: That Whereas, the City of Seal Beach, California,did on the l3th day of January, 1916, by Ordinance duly adopted, elect and determine to aV9il itself of the provisions of the Act of the 27th day of March, 1895, and subsequent amendments thereto relative to the assessment and collection of taxes for the municipal corporation of the City of Seal Beach, California, and did, in accordance therewith, on or about said date, file with the Auditor of Orange County, California, a certified copy of such Ordinance pertaining thereto, as provided by law; and \Vhereas, the County'Auditor ot the County of Orange, State of California, on the 2nd day of August , 1927, filed his statement in writing with the Board of Trustees or the City of Seal Beach, Calirornia, showing the total value of all property within the City of Seal tieach for the corporate year 1927-28 as equalized and collected, and fixed the sum, as shown by the assessment rolls for said year, at $ 1.540~785.00 , exclusive of operative property; and Whereas, the amount of money ascertained and necessary to be raised by taxation upon the tax~ble property within the City of Seal Beach as a revenue to carry the vatlous depart- 1. ~ I 1 1 Ordinance Number . . ments of such City of Seal Beach and to pay the bonded indebtedness falling due ror the current year 1927-28 is fixed at the sum of $ 21,570.99 ; and Whereas, said sum is to be apportioned among the various departments or the said City of Seal Beach, California, and placed in the general and special funds to pay current, municipal expenses on the assessed value of all the real and personal property within such municipality over and above the several sums to be raised, as provided by law. SECTION 1. That the total valuation of the taxable property of the City of Seal Beach of $ 1,540.785.00 shall be used as a basis for the levy of the taxes of the City of Seal Beach, California, and the County or Orange, . California, shall make the same at the same time and in the same manner as county levies are made and collected, as by law provided. SECTION 2. That the rate of taxes for municipal purposes and to pay the bonded indebtedness and interest of the City or Seal Beach, California, for the current year 1927-28 is hereby fixed at $ 21,570.99 on the taxable property of said City, and that said amount of $ 21,570.99 is the aggregate and rate sum of $ 1.40 on each One Hundred Dollars or the taxable property ot said City, and the same is hereby levied upon all the taxable property of said City, as ascertained and assessed by the County Assessor an~ equalized by the Board of supervisors of Orange County, California, as aforesaid, and which said rate so fixed shall be apportioned among the special funds to ~y the current expenses, bonded indebtedness and interest and other indebtedness or said City falling due for the fiscal year 1927-28 and other several sums to be raised as fixed and provided by law, as follows, to wit: FbI' the general fund $ 0.65 cents on each One 2. fII' I I I Ordinance Number HUndred Dollars ot the taxable property of said City. . For the street fund $ 0.10 cents on each One HUndred Dollars of the taxable property of said City. For the sewer bond indebtedness fund . 0.20 cents on each One HUndred Dollars of the jaxable property of said City. $ 0.20 For the water works bonded indebtedness fund cents on each One Hundred Doll.ars of the taxable property of said City. For light fund $ 0.25 cents on each One Hundred Dollars ot,the taxable property ot said City. SECTION 3. The City Clerk is hereby instructed to submit a certitied copy of this ordinance to the County Auditor of oran~ Oounty, California, on or before the last Tuesday in August , 1927. SECTION 4. The City Clerk shall cause this Ordinance to be published once in the DSeal Beach Post and WaveD, a n~wspaper printed and published smd generally cir- culated in the City of Seal Beach, Calitornia, and cause this Ordinance to be posted in at least three public places in said City of Seal Beach, and it shall thereupon take etrect. The above ordinance passed, adopted and approved this lath day of August , 1927, by the following vote to wit: WAJb< 1;~)_ ~-/~. ~~ '1tnv.., ) Ayes, Councilmen: Noes, Councilmen~ Absent, Councilmen: '1l,hA ~ j Attest: tOd1i~~';"'--I Mayor o~,$~~~ Beach, .dalifornia. Approved this Lf!!..day ot t:?TA7 , 1927. Mayor Or~~i~~~each, Oalitomia. 8. Ordinance Number .. . . I I hereby certify that the above is a full true and correct copy of Ordinance No. 140 of the City of Seal BeaCh, Calirornia, as the same is on file in my office. lJtt1J (;).~ 0ity Clerk. I I 4.