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HomeMy WebLinkAboutOrdinance #3954 ORDINANCE NO. 3954 AN ORDINANCE OF THE CITY OF HUNTINGTON BEACH AMENDING THE HUNTINGTON BEACH MUNICIPAL CODE BY ADDING CHAPTER 3.07 RELATING TO CAPPING THE RETIREMENT PROPERTY TAX AT FISCAL YEAR 2012/13 RATES The City Council of the City of Huntington Beach does hereby ordain as follows: SECTION 1. The Huntington Beach Municipal Code is hereby amended by adding new Chapter 3.07 thereto,to read as follows: 3.07 Retirement Tax Cap. The tax sufficient to meet all obligations of the City for the retirement system in which the City participates, due and unpaid or to become due during the ensuing fiscal year as provided in Huntington Beach Charter Section 607 (b) 2, shall be set at the rate adopted for Fiscal Year 2012/13, which is $0.01500 per $100 of assessed valuation. SECTION 2. In the event this ordinance is held invalid by a court of competent jurisdiction,the tax shall automatically be reinstated as it existed prior to adoption of this ordinance. SECTION 3. This ordinance shall become effective 30 days after its adoption. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 20th day of 2012. Mayor ATTEST: APPROVED AS TO FORM: �✓�- �� -��Ir�ZoJZ City Clerk City Attorney My- 7_10-h- INITIAT , VIEWED AND APPROVED: bk(iyManager 12-3407/81687 Ord. No. 3954 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, JOAN L. FLYNN, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing ordinance was read to said City Council at a regular meeting thereof held on July 16,2012, and was again read to said City Council at a regular meeting thereof held on August 20,2012, and was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council. AYES: Shaw, Carchio, Bohr, Boardman NOES: Harper, Hansen ABSENT: Dwyer ABSTAIN: None I,Joan L.Flynn,CITY CLERK of the City of Huntington Beach and ex-officio Clerk of the City Council,do hereby certify that a synopsis of this ordinance has been published in the Huntington Beach Fountain Valley Independent on August 30,2012. In accordance with the City Charter of said City Joan L. Flynn,City Clerk Cit Jerk and ex-officio C Q rk t r .� (�-Senior Deputv City Clerk of the City Council of the City of Huntington Beach, California