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HomeMy WebLinkAboutCity Council - 4791 RESOLUTION NO. 4791 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH FIXING THE FISCAL YEAR 1979-1980 TAX RATE FOR SAID CITY WHEREAS, the assessed valuation of the taxable property of the City of Huntington Beach, California, as assessed by the Orange County Assessor and fixed by the Board of Equalization of the County of Orange, California, for fiscal year 1979-1980 is $933,943,810; and WHEREAS, the City of Huntington Beach will be receiving a pro rata portion of the four dollars ($4.00) Basic Property Tax Rate levied by the County Board of Supervisors as a means of providing revenue for the operation and support of the various city departments, offices and activities; and WHEREAS, a tax rate of zero and 1972/100ths dollars ($0. 1972) upon each one hundred dollars ($100) 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 needed for the voter approved indebtedness of the city, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Huntington Beach that the rate of taxation for said city for fiscal year 1979-1980 be fixed at zero and 1972/100ths dollars ($0. 1972) upon each one hundred dollars ($100) of assessed property value in said city. The said rate shall be applied as follows: 1 . Employee retirement $ 0. 1433 2. 1970 Park G.O. Bond 0.0500 3• 1955 Water G.O. Bond 0.0039 $ 0. 1972 PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 27th day of August, 1979, Mayor Pro Tempore ATTEST: City Clerk • INITIATED AND APPROVED: APPROVED AS TO FORM: Ci Administrators City Attorney Res. No. 4791 STATE OF CALIFORNIA ) COUNTY OF ORANGE CITY OF HUNTINGTON BEACH ) 1 ALICIA M. WENTWORTH, the duly elected, qualified 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 ugulax special meeting thereof held on the . 27th day of August , 1979 by the following vote: AYES: Councilmen: Thomas, Mandic. Yoder, Finley NOES: Councilmen: None ABSENT: Councilmen: Pattinson, MacAllister, Bailey City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California