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HomeMy WebLinkAboutCity Council - 3555 RESOLUTION NO. 3555 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH FIXING THE TAX RATE FOR SAID CITY FOR THE FISCAL YEAR 1972-1973 . 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 1972-1973 is $410,283,199; 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 a means of providing rev- enue for the operation and support of the various city depart- ments, offices and activities, is : 1. General $ 42019,750 2 . Employee Retirement 681,398 3. 1955 Water Bonds I & R 39,018 4 . Library Fund 615,425 5. Recreation & Parks 697,481 6. Music & Promotion 128,993 7. 1970 Park Bonds I & R 464,522 $ 6,646,587 and, A tax rate of One and 62/100ths Dollars ($1. 62) 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 the Board of Equalization of the County of Orange, is sufficient to raise the aforesaid amount of money. 1. 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 1972-1973 be fixed at One and 62/100ths Dollars ($1 . 62) upon each One Hundred and no/100ths Dollars ($100. 00) of assessed property value in said city. The said rate shall be applied as follows : 1. General Fund . 97975 2. Employee Retirement .16608 3• 1955 Water Bonds I & R . 00951 4 . Library Fund .15000 5. Recreation & Parks .17000 6. Music & Promotion . 03144 7. 1970 Park Bonds I & R .11322 1. 62000 PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 21st day of August, 1972. Mayor ATTEST: City erk APPROVED AS TO FORM: �tyAtt rn 2. Res . No. 3555 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 meeting thereof held on the 21st day of August, 1972, by the following vote: AYES: Councilmen: Bartlett, Gibbs, Green, Matney, Duke, Coen NOES: Councilmen: None ABSENT: Councilmen: Shipley Cit C erk an -officio Clerk of the City Council of the City of Huntington Beach, California