HomeMy WebLinkAboutCity Council - 5811 RESOLUTION NO. 5811
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
HUNTINGTON BEACH FIXING THE FISCAL YEAR 1987,188
TAX RATE IN SAID CITY
WHEREAS, full cash value of the taxable property of the City
of Huntington Beach, as assessed by the Orange County Assessor and
fixed by the Board of Equalization of the County of Orange, for
fiscal year 1987/88 is $8 ,364,799,879; and
The City of Huntington Beach will be receiving a pro rata
portion of the one dollar ($1 .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
The amount of money necessary to be raised by taxation upon
the taxable property within the City of Huntington Beach as
revenue to pay a portion of the voter approved indebtedness for
said city for the 1987/88 fiscal year is the sum of $4 ,592 ,275; and
The tax rate herein is levied pursuant to Section 93 of the
Revenue and Taxation Code for the purpose of paying voter approved
indebtedness of the City of Huntington Beach,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Huntington Beach that the rate of taxation for said city for
fiscal year 1987/88 be fixed at zero and .05490/100ths dollars
($.05490 ) upon each one hundred dollars ($100 ) of assessed
property value in said city. The said rate shall be applied as
follows:
1 . Employee Retirement $ .04930
2 . 1970 Park G.O. Bond .00560
Total $ .05490
1 .
PASSED AND ADOPTED by the City Council of the City of
Huntington Beach at a/reg°uiard meeting thereof held on the 24th
day of August , 1987 .
ATTEST: APPROVED AS TO FORM:
City Clerk City Att ney
REVIEWED AND APPROVED: INITIAJE� A b APP D:
�.
City Administrator );-?7- -C ief of Ad inistrative
Services
2459L
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Res. No. 5811
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss:
CITY OF HUNT INGTON BEACH )
I, 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 regular adjourned meeting thereof held on the 24th day
of August 19 87 by the following vote:
AYES: Councilmen:
Wi.nchP11, Macs, Fin1® -. KP114, Frskina Green, Bannister
NOES: Councilmen:
None
ABSENT: Councilmen:
None
City Clerk and ex-officio Clerk
of the City Council of. the City
of Huntington Beach, California