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HomeMy WebLinkAboutCity Council - 329 RESOLUTION NO . 329 A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF HUNTINGTON BEACH, CALIF- ORNIA, FIXIYG THE TAX RATE FOR THE SAID CITY FOR THE FISCAL YEAR 1919-20. WHEREAS, The Assessed Valuation of the Taxable Pro- perty of the City of Huntington Beach, California, as assessed by the City Assessor and fixed by the Board of Equalization of said City for the fiscal year 1919-20 is $2,187,750.00, and WHEREAS, the Board of Trustees of said City of Huntington Beach find that the amount of money necessary to be raised by taxation on property in said City as a revenue for the various departments of said City for the current year and to pay the bonded and other indebtedness of said City is as follows; to-Wit: 1 General Fund . . . . . $ 10, 938."75 2 Salary Fund . . . . . . . $ 5,469.37 3- Street Fund . . . . . . . 5, 469.37 4 Music & Promotion Fund. . 3, 281.62 5 Library Fund . 3,281.62 6 Wharf Bond, Int. & Red. . $ 5,031.82 7 Sewer Bond, Int. & Red. . 2, 854.07 8 Gas Bond, Interest & Red. 1,968.97 AND WHEREAS, a tax rate of One hundred seventy cents upon each One hundred Dollars of the assessed value of the property in the said City as assessed by the City Assessor and equalized by the Board of Trustees sitting as a Board of Equali- zation, is sufficient to raise the amount of money so found to be necessary, THEREFORE, be it, and it is hereby resolved, by the Board of Trustees of said City of Huntington Beach that the rate of taxation for the said City of Huntington Beach for the current year 1919-20 be fixed at One hundred seventy cents upon each One hundred Dollars of said assessed value of proper- ty in said City, the said rate to be segregated as follows, to-wit: 1 General Fund . . . . . . . 50 cents 2 Salary Fund . . . . . . 25 cents 3 Street Fund . . . . . 25 cents 4 Music & Promotion Fund . 15 cents 5 Library Fund . . . . . . . 15 cents 6 Wharf Bond, Int. & Red. . 23 cents 7 Sewer Bond, Int. & Red. . 13 cents 8 Gas Bond, Int. & Red. 09 cents Total 175 cents PASSED AND ADOPTED this 2nd day of September, 1919. Joseph Vavra President of the Board of Trust- ees of the City of Huntington Beach, California. 2. i ATTEST: Chas. R. Nutt City Clerk and Ex-Officio Clerk of the Board of Trustees of the City of Huntington Beach, Cal. City of Huntington Beach, County of Orange, see State of California. I, Charles R. Nutt, City Clerk and Ex-officio Clerk of the Hoard of Trustees of the City of Huntington Beach, California, do hereby certify that the foregoing Resolution No. 329 was read to the Board of Trustees of said City on the 2nd day of September, 1919, and was thereafter passed and adopted by the following vote: AYES: Chapmanā€ž Dunning, Drew, Vavra NOES: None ABSENT: Andrews Chas. R. Nutt City Clerk 3.