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HomeMy WebLinkAboutCity Council - 6058 0140J RESOLUTION 6058 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH FIXING THE FISCAL YEAR. 1989/90 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 1989/90 is $9,033,404,047; 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 $4,895,202; and WHEREAS, the tax rate herein is levied pursuant to Section 93 of the Revenue and Taxation Code for the purpose of paying voter approved indebtedness of the City of Huntington Beach; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Huntington Beach that the rate of taxation for said city for fiscal year 1989/90 be fixed at zero and .05419/100ths dollars ($.05419) 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 .00489 Total .05419 PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting held on the 21st day of August, 1989 Mayor ATTEST: APPROVED AS TO FORM: 4��e� City Clerk City tto REVIEWED AND APPROVED: IN ' D D ft' OVED: City Adrr ra or --Chief o d ms ra ive Se7vice Res. No.,. , 6058 STATE OF CALIFORNIA COUNTY Of ORANGE � ss: CITY OF HUNTINGTON BEACH ) I. CONNIE BROCKWAY, 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 at least a majority of all the members of said City Council at a regular meeting thereof held on the 21st day Of— August 19 89 by the following vote; AYES: Councilmembers: MacAllister, Green, Winchell, Bannister, Mays, Silva, Erskine NOES: Councilmembers: None ABSENT: Councilmembers None p 1 yclerK ana ex-ofticw Clerk of the City Council of the City of Huntington Beach, California