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HomeMy WebLinkAboutCity Council - 3208 RESOLUTION NO. 3208 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH FIXING THE TAX RATE FOR SAID CITY FOR THE FISCAL YEAR 1970 - 1971 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 Board of Equalization of the County of Orange, California, for the fiscal year 1970-1971 is $339,783,919; and The City Council of the City of Huntington Beach finds the amount of money necessary to be raised by taxation on property in said City of Huntington Beach, as means of providing revenue for the operation and support of the various city departments, offices and activities, is 1. General $ 2,870,359 2. Employee Retirement 508,554 3. Water Bond Fund--1955 Interest & Red. 44,376 4. Capital Outlay Fund 339,784 5. Library Fund 415,794 6. Music and Promotion Fund 102,411 7. Recreation and Parks 645,589 and, $ 4,926,867 A tax rate of One and 45/100ths Dollars ($1.45) upon each One Hundred and no/100ths Dollars ($100.00) of ASSESSED VALUE OF property in said city, as assessed by the County Assessor and equalized by the Board of Supervisors, sitting as a Board of Equalization of the County of Orange, is sufficient to raise the aforesaid amount of money, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Huntington Beach that the rate of taxation for said city for the fiscal year 1970-1971 be fixed at One and 45/100ths Dollars ($ 1.45) upon each One Hundred and no/100ths Dollars ($100.00) of assessed value in said city. The said rate shall be applied as follows: 1. 1. General Fund .84476 2. Employee Retirement .14967 3. Water Bond Fund--1955 Interest & Red. .01306 4. Capital Outlay Fund .10000 5. Library Fund .12237 6. Music and Promotion Fund .03014 7. Recreation and Parks .19000 Total 1.45000 PASSED AND ADOPTED by the City Council of the City of Huntington ga��7rqurned g y Beach at a re u meeting thereof held on the l8t h day of August 11970. Mayor Pro Tem ATTEST: City erk APPROVED AS TO FORM: City Attor ey 2. Res. No. STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss : CITY OF HUNTINGTON BEACH ) I , PAUL C. JONES, 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 seven; 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 adjourned meeting thereof held on the 18th day of August , 19 70 , by the following vote: AYES: Councilmen: Green Bartlett McCracken Matney, Coen NOES: Councilmen: None ABSENT: Councilmen: Gibbs, Shipley City Clerk and -officio Clerk of the City Council of the City of Huntington Beach; California