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HomeMy WebLinkAboutCity Council - 452 i RESOLUTION 110. 452 A RES'�711UTIOTT OF THE BOARD OF °:`USTE�S OF THE CITY OF HUT TINGT )T.,1 B",ACH, CALI- FORNIA, FIXING T1�E TAX RATy FOR THE SAID CITY FOR THE FISCAL YEAR 1924-25, 7THEREAS, the assessed valuation of the taxable property 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 1924-25 is $11,814,347.00 and 71HE'REAS, 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 follov's, to-wit: 1. General Fund. . . . . . . . . . . . . . . . . . . ." 118,140.00 2. 1;1usic 8 Promotion Fund. . . . . . . . . . 17,721.00 3. Library r^und. . . . . : . . . . . . . . . . . . . . 8, 269.80 4. 101harf Bonds, Interest A, Redemption. . . . . . . . . . . 4,430.25 5. Seger Bonds. . . . . . . . . . . . . . . . . . . . . 2,067.45 (Int. & Redemption) 6. City Hall Bonds. . . . . . . . . . . . . . . . . 5,257.23 (Int. & Redemption) 7. Public Hall.Brras. . . . . . . . . . . . . . . 2,658.15 (Int. & Redemption) G. Fire Apparatus. . . . . . . . . . . . * . . . . 1,358.61 (Int. & Redemption) 9. 1,unicipal Bonds. . . . . . . . . . . . . . . . . 29,12.1.51 1923 (Int. & RedPmn. ) TOTAL $1891024.00 "HEREAS, a Tax Rate on One hundred Sixty 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 Equalization, is sufficient to raise the a- mount of money so - to be necessary. THEREFORE, be it, and it is hereby resolved by the Board of Trustees of the City of Huntington Beach that the rate of Taxation for the said City of Huntington Beach for the current year 1924-25 be fixed at One hun- dred Sixty cents upon each One hundred dollars of said assessed valuation of property in said City, the said rate to be segregated as follows, to-wit: 1. General.Pund. . . . . . . . . . . . . . .1.00 Cents 2. Yusic & Promotion Fund. . . . . . . . . . . 15 " 3. Library Fund. . . 00 . 0w* 0 . 0000 .07 " 4. Wharf Bonds, Interest & Redemption. . . . . . .0375 5. Sewer Bonds. . . . . . . . . . . . . . . . .0175 " (Int. & Redemption) 6. City Hall Bonds. . . . . . . . . . . . .0445 " (Int. & Redemption) 7. Public Hall. . . . . . . . . . . . . . . . . 0225 (Int. & Redemption) 8. Fire Apparatus, int. & Redemption. . . . . . . .0115 " 9. Municipal Bonds, Int. (19230 Redemption. . . . . . . .2465 TOTAL 81.60 Passed and adopted this 2nd day of September, 1924. -2- L. R. Ridenour President of the Board of Trustees of the City of Huntington Beach, California ,Attest: '. R. 7right City Clerk and ex-officio Clerk of the Board of Trustees of the City of Huntington Beach, California. State of California, County of Orange, SS. City of Huntington Beach, ) I, W. R. Wright, City Clerk and ex-officio Clerk of the Board of Trustees of the City of Huntington Beach, California, do hereby certify that the foregoing resolu- tion No. 452 wa,s presented and read to the Board of Trustees of said Cite on the 2nd day of Se9tember 1924 and ura.,7 thereafter on the 2nd. day of September 1924, passed and adopted by the following vote: AYES: TRUSTEE'S Wharton, t a.cklin, Boster,*/R.idenour;, Drew p'OES: TRUSTEES None A3SEidT: TRUSTEES None ;'. R. 1ri.ght City Clerk and ex-officio Clerk of the Board of Trustees of the City of Huntington Beach, Calif. _5_