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Home My Public Portal AboutOrd. 0485 � . ._ . � _ . ' _ a ORDINANCE A10. `�85 - AN OF.DINAPICE OF THE IPdCORPORATED CITY OF LYD?Ld00D ESTABLISHIi�G TAX DISTRICTS NUt�L�3ER 1 AND 2 OF SAID CITY, FIXING TiiE RATE5 OF TAXES, AND LEVYING lAXEB FOR 2'HE FISCAL YEAR $EGIIVNIBiG JULY 1, 1�48, AND - , ENDING JUD1E 30, 19�9 The City Council of the City of Lyntaood, California does ordain as followa, to-��rit: Bection 1: That for the purposea of taxation, all of that . territory and lands lying and being in the corpor.ate limits of the City of Lynwood, California, prior to July lg, 1941, ��rhich was the date of the com�letion of the annexation of °Broadacres", be known as and constitute tax district No: 1 of said City. , Section 2: 2'ha.t all of that territory and lands knoum as "Broa.dacres'� and the annexation oP which to the said City of Lynwood was cornpleted July 19, 1941 and described as follows: Beginning at the intersection of the v.resterly line of Bullis �coad with the weaterly prolongation oP the nortrierly line of Carlin Avenue (33 feet wide) as - sYiown'on County Surveyor's ?�zp ?30. B-120 Sheet 6, said point of beginning being on the easterly boun- � dary line of the City of Lynwood, as said boundary { line existecl on February 10, 1941; thence easterly ! along said prolonged line to the easterly line oP , Bullis Road; thence Easterly along the northerly line oz said Carlin avenue to the u7esterly line of Caresa Street (�0 Peet ��aide) as ahown on said County Surveyor's P�ap; thence northerly a�.ong the westerly , line oP C�.ress Street to the southerly line of Tract No. 11378, as shown on map recorded in Book 203, Pages 27 and 28 oP NIaps, Recor@s of Loa Angeles County, California; thenee.nortnerly along the east- erly line of said Lract No. 11378 and its northerly prolongation to a point 30 feet northerly £rom the � northerly line of said ^lract P1o. 11378, said noint being on tne southerly boundary.line of the City � of Lyntiaood as said boundary line exiated February 10, 194-1; tnence �•iesterly along said_ boundary line and following the same in all its various enixraea to the point of beginning; in Los Ange�es County, California, be known as and constitute tax District :10. 2 of said City of Lynwood. Section 3: lhat the amount of money necessary to be raised by taxation upon the taxable property, withln the corporate limits of the City of Lynurood, County of' Los Angeles, State oP California including Tax District Nwnbers 1 and 2 of said City, to procide for carrying on the various functiona of municip�l government in said City for the fiscal year beginning July l, 194•8 snd ending June 30th 19u9 is hereby fixed at the sum of One Hundred Forty Three Thousand Do lars Six fiundred Twenty-seven Dollara and fifteen/one-hundredths/��3143,627.15). Section 4: 1^hat in addition to the amount of money neceasary to be raiaed as aforesaid, the amount of money necessary to be raised by taxation upon tne taxable property c�ithin the cor?�orate li�its of . eaid City in Tax District STO. 1 and 1Qo. 2 of said City to provide for the payment to the State Employeea' Retirement Systen according to the , terme of contract with the State of California for making the officiala and e�ployees of the City of Lyn�•rood ne�bers of the State Eruployeea� Retirement System; authority for the execution of said contract is granted by Ordinance No. 426, adopted by a vote of the qualified electors - of the City of Lyntaood the 16th day of April, 1946. For the.fiacal year beginning July 1, 19�8 and ending June 30, 1949 it is hereUy fixed °; at the sum of Forty-four Thoueand Three Hundred Thirty-one and Thirty- nine One/hundredths Dollars ��4� ,33�.39) . - Section 5: That in addition to the amount of money neces�ary to be raised as aforeoaid, the amount of noney necessary to be raised by taxation upon the taxable property within the limita of Tax District No. 1 of said City of Lynt.*ood, to provide for the paymente of the annual interest, �nd that portion of the principal as shall beco�e due before the time for fixing the next general tax levy of those certain bonds in the principal amount of Fifty l�housand and PIo/One-hundredths Dollars ,(�50,000.00) as authorized by Ordinance No. 94 of said City of Lynwood, adopted "on the lst day of October, 192-7 by the Board of Trustees oY said City, is the sun of Four ^lhousand Nine Hundred Ninety-six and Four/One-hundredths Dollara (�4 Section 6: That in addition to the a.nount of money neceasary to be raised as aforesaid, the amount of money neceseary to be raised by taxation upon the taxa.ble property ��ithin the corporate limits of . -2- I said City,.and in Ta.x Districts No. 1 and No. 2 of said City, to pro- vide for a capital fund, for canital outlays and for public improve- ments, to-wit: public parks as authorized by provisions of Ordinance No. 322 of said City, for the fiscal year beginning July 1, 194$ and ending June 30, 1g49, is hereby fixed at the sun of Three Thousand Three Hundred Eighty-eight and Twenty-three/One-hundredths Dollara ��3,388.z3). " Section 7: That for the purpose of raising the suma of noney necessary to be raised by tasation upon tne taxable property within the City linits of said City of Lynwood as the revenue to carry on the function of the various departments of said City; to provide a � park capita.l account; to provide pay�aent to State Erroloyeea' Retirenent Fund as authorized in Ordinance A1o. 426, and to retire the bonds and coupons becoming due as provided by Ordinance IQo. 94�, the rates of taxes are hereby fixed and taxes are l�ereby levied on all taxable . property within the City limits of said City, included in Tax Districts _ Numbers 1 and 2 for the fiscal year beginning July 1, 1948 and ending June 30, 19�9 upon each �100.00 as the asseeaed value of eaid property as asseased by the County Assessor and,equalized by the Board of Super- . visors of the County of Los Angeles, State of California, for the said fiscal year, as followa: ' Tax District No. 1 No. 2 For General Purposea ,8 7 ,g p For the Park Fund .02 .02 For the Interest and Sinking Fund for City Hall Bonde Authorized at Election Held October, 1927. ,p3 For City's Contribution to State Retirement Fund authorized at Election Held April, 1g46. .26 .26 . °�'7-.1578 �1.12']8 Section 8: That the City Cler<t of said City shall certify to the passage of this ordinance and cause the same to be published once in tle,,,.Lynwood Press, a iieekly newspaper of general circulation, published:. ' �"and."circulated in sa.id City of Lynurood. � ��` ?�": ,; -� .+�, Y ,PASSED anc� ADOPTED this 2�th Y f Aug �, 194�8, �' , - � � . J � � � _ �;.-�.�;, .- � /f� � � � . ; •F . ✓� , -�'� � , /! ♦ ' �J�t,� %'- A�.TES � y� : �0 F " E'C 1'Y OF LYNi900D � V „� ='�r,�:;�/ / iri�/ r GTi'� - .C�' ,�E� " +1� LYD J00 �_. � � STATE OF CALIFORNIA ) � COUNTY OF LOS AiVGE�ES: ss ' CITY OF LYN'ud00D ) I, the under�igned, City Clerk of the City of Lynvrood, California, do hereby certify th�t the above and foregoing ordinlnce was duly adopted by the City Council of sAid. City �.t v+ d�%�N+'�� 'K�e�� eeting thereof held in the ', � City Hall of saicl City, on the 24th day of Au�ust, 1�48 �nd p�.ssed Uy the follovrin� vote: AYES: COUNCILNiIN: Bruner, Jensen. Plillard. _ P�illiams. _,_ NOES: COUNCILI�IEN: None._^ ABSz.,t'VT: COUNCIL"�IENS Stroh. • ,,,�,.�,•.b.wv,>: . ' . _� { •..� _ J � . � Y � . 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