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HomeMy WebLinkAboutCity Council - 6420 RESOLUTION NO. 6420 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH FIXING THE FISCAL YEAR 1992/1993 TAX RATE IN SAID CITY WHEREAS, full cash value of the taxable property of the City of n 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 1992/93, is $11 ,885,461 ,394; and The City of Huntington Beach will be receiving a pro rate 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 1992/93 fiscal year is the sum of $6,329,532; and The tax rate herein is levied pursuant to Section 93 of the Revenue and Taxation Code for the purpose of paying voter approved indebtedness of the City of Huntington Beach; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Huntington Beach that the rate of taxation for said city for fiscal year 1992/93 be fixed at zero and .05325/100ths dollars ($.05325) upon each one hundred dollars ($100) of assessed property value in said City. The said rate shall be applied as follows: I . Employee Retirement $.04930 2. 1970 Park G.O. Bond .00395 Total PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting held on the 17th day of August, 1992. Mayor ATTEST: APPROVED AS TO FORM: City Clerk City Attorney � REV WED AND APPROVED: INITIATED AND APPROVED: f � J City Administrator Deputy City Administrator Res, No. 6420 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 17th day of August 1992 by the following vote: AYES: Councilmembers: Eobit-aille, Muu1:ton—P;;tte,r-,nn, T117j nnhf11,Si llo., Creep# MarA1 1 i.5J-Pr, u�1 NOES: Councilmembers: None ABSENT: Councilmembers: Nona 1 y C1 er an ex-o Tc1 er of the City Council of the City of Huntington Beach, California