HomeMy WebLinkAboutCity Council - 5915 RESOLUTION NO. 5915
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF HUNTINGTON BEACH FIXING THE
FISCAL YEAR 1988/89 TAX RATE IN SAID CITY
WHEREAS, full cash value 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 1988/89 is
$8,580 ,201,414; and
WHEREAS, 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
WHEREAS, 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 1988/89 fiscal year is the
sum of $4 ,693 ,370; and
WHEREAS, the tax rate herein is levied pursuant to Section
93 of the Revenue and Taxation Code for the purpose of paying
voter approved indebtedness of the City of Huntington Beach;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Huntington Beach that the rate of taxation for said city
for fiscal year 1988/89 be fixed at zero and .05470/100ths
dollars ($.05470 ) upon each one hundred dollars ($100 ) of
assessed property value in said city. The said rate shall be
applied as follows:
_1_ 5915
1 . Employee Retirement $.04930
2 . 1970 Park G.O. Bond .00540
Total $.05470
PASSED AND ADOPTED by the City Council of the City of
Huntington Beach at a regular meeting held on the 15th day
of August, 1988 .
Mayor
ATTEST: APPROVED AS TO FORM:
R
C n
City Clerk oz - zty/ Attorney
REVIEWED AND APPROVED: INITIATED AND APPROVED:
G/ter t'
C ty Administrator Chief of Administrative
Services
5915
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Res. No. 5915
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss:
CITY OF HUNTINGTON BEACH )
I, CONNIE BROCKWAY, the duly appointed, 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 at least a majority of all the members of said City Council
at a regular meeting thereof held on the 15th day
of August 19 88 , by the following vote:
AYES: Councilmembers:
Kelly, Green, Finley, Erskine, Mays, Winchell, Bannister
NOES: Councilmembers:
None
ABSENT: Councilmembers:
None
Ci y er and ex-officio Vtrk
of the City Council of the .City
of Huntington Beach, California
5915