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HomeMy WebLinkAboutCity Council - 351.1 RESOLUTION NO. 351 .i A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF HUNTINGTON BEACH, CALIF- ORNIA, FIXING THE TAX RATE FOR THE SAID CITY FOR THE FISCAL YEAR 1920-81. 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 1920-21 is 2, 211,355.00, 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 11,056.77 2 Salary Fund . . . . . . . 5, 528.38 3 Street Fund . 5, 528.38 4 Music & Promotion Fund. 3, 317.03 5 Library Fund 4,422.71 6 Wharf Bond, Int. & Red. . . $ 4,422.71 7 Sewer Bond, Int. & Red. . . 0 2, 912.33 8 Old Gas Bond, Int. & Red. . A 1, 525.83 9 Gas Bond, 119, Int. & Red. 4,191.57 and i I WHEREAS, a tax rate of One hundred ninety 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 Equal- ization, 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 1920-21 be fixed at one hundred ninety cents upon each One hundred Dollars of said assessed valua- tion of property 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 . . . 20 cents 5 Library Fund 15 cents 6 Wharf Bond, Int. & Red. . . 20 cents 7 Sewer Bond, Int. & Red. . . .091 cents 8 Old Gas Bond, Int. & Red. . . 069 cents 9 Gas Bond, 119, Int. & Red. 19 cents Total . cents PASSED AND ADOPTED this 9th day of Septem- ber, 1920. Ed. Manning President of the Board of Trustees of the City of Huntington Beach, California. 2. • ATTEST: Chas• R. Nutt City Clerk and Ex-officio Clerk of the Board of Trustees of the City of Huntington Beach, Calif. State of California, County of Orange, ss, City of Huntington Beach. I, Charles R. Nutt, City Clerk and Ex-officio Clerk of the Board of Trustees of the City of Huntington Beach, California, do hereby certify that the foregoing Resolution No. 351 was read to the Board of Trustees of said City on the 9th day of September, 1920, and was thereafter on the 9th day of September, 1920, passed and adopted by the following vote: AYES: Trustees Ob arr, Onson, Andrews, Drew, Manning NOES: None ABSENT: None Chas. R. Nutt City Clerk and Ex-officio Clerk of the Board of Trustees of the . City of Huntington Beach, Calif. 3.