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HomeMy WebLinkAboutCity Council - 1319 RESOLUTION NO. 1319 A RE-SOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH, CAMFORNIA, FIXING THE TAX RATE FOR SAID CITY OF HUNTINGTON BEACH FOR THE FISCAL YEAR 1957-58. WHEREAS, the assessed valuation of the taxable property of the City of Huntington Beach, California, as assessed by the County Assessor and fixed by the County Board of Equalization of the C91 ty of Orange, California, for the fiscal year 1957 - 1958 is 46,561,920.00. WHEREA.St the City Council of the City of Huntington Beach finds that the amount of money necessary to be raised by taxation on property in said City of Huntington Beach as a revenue for various departments of said City for the current fiscal year and to pay other indebtedness of the City of Huntington Beach, is as follows: 1* General Fund 295079»00 2. Music and Promotion 88,785.00 3, Library 47,674..00 4. Special Recreation fund 31,414.00 5. Capital Outlay Reserve Fund 84,713,00 6. Water Bond Sale - 1955 Interest - Redemption 48,509.00 596074.00 HER ;6S, the City Council by Resolution No# 1287 set the tax rate for the fiscal year 1956-1957 at one hundred twenty nine cents (01.29) per one hundred dollars ( 100.00) of assessed value, which rate applies to the unsecured roll for the fiscal year 1957- 1958, and 4 _la» Reso.No 1319 WHEREAS, assessed value of the unsecured roll for the fiscal year 1957 - 1958 as equalized by the Board of Equalization of the County of Orange amounts to a total of 818,080.00, and. WHEREAS, the balance necessary to be raised by taxation from the secured roll for the fiscal year 1957 - 1958 is 585,521000, and WHEREAS, a tax rate of one hundred twenty-eight cents (01.28) upon each one hundred dollars ( 1nd.CQ) of assessed value of the property in said City as assessed by the County Assessor and equalized by the Board of Supervisors sitting as a Board of Equaliza- tion of the County of Orange is sufficient to raise the said amount of moneys NOW THEREFORE, be it resolved by the City Council of the City of Huntington Beach, California, that the rate of taxation for ,said. City for the fiscal year 1957 - 1958 (secured roil for 1957 1958 and unsecured roll for 1958 - 1959) be fixed at one hundred twenty-eight cents ( 1.28) upon each one hundred dollars ( lfl4.00) assessed value in said City. The said rate shall be segregated as follows: 1. General Fund 63.53 2, Music and Promotion Fund 19.07 3. Library Fund 10,24 4. Special Recreation Fund 6.66 5, Capital Outlay ,Reserve Fund 18*09 6. Water Bond Sales 1955 .. Interest - Redemption in 4i 128.00 _2W Heso,, No, 1319 PASSED AND ADOPTED by the City Council of the City of Huntington Beach, California* at a regular meeting thereof held on the 19th day of August a 1957. a�o�r ,ATTEST: ity _Jerk i —3® Heso. 'o„ 1319 STATE OF CALIFORNIA. r County of grange ss: City of Huntington Beach I, JOHN L. MICKSEN, the duly elected, qualified and, acting 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 five; that the foregoing resolution was passed and adopted. by 'the affirmative vote of more than a majority of all the members of said City Council at a regular meeting thereof held on the 19th dap of August , 1957, by the following roll call votes AYES: Councilmen: Irby, Bryant, Lockett, Bartlett, Terry. l \ NOES: Councilmen: None. ABSENT: Councilmen: None. 0 if T:1��T L F-T E R I C X S,E City Clerk and ex-officio Clerk of the City Council of the City of Huntington-Beach, California _4—