Loading...
HomeMy Public PortalAboutOrd. 0131ORDINANCE No/49Y AN ORDINANCE OF THE BOARD OF TRUSTEES, NOW KNOWN AS THE CITY COUNCIL OF THE CITY OF LYNWOO D FIXING THE AMOUNT OF MONEY NECESSARY, TO BE RAISED BY TAXATION UPON THE TAXABLE PROPERTY WITHIN THE CITY OF LYNw00D AS A REVENUE FOR SAID CITY TO CARRY ON THE VARIOUS MUNICIPAL DEPARTMENTS OF SAID CITY FOR THE FISCAL YEAR 1929 -1930, AND FOR THE PURPOSE OF PROVIDING FOR THE PAYMENT OF MUNICIPAL AND OTHER BONDED INDEBTEDNESS TO BE PAID IN SAID FISCAL YEAR. The Board of Trustees, now known as the City Council of the City of Lynwood, does ordain as follows: SECTION 1. That the amount of money necessary to be raised by taxation upon the taxable property in the City of Lyn- wood, County of Los Angeles, State of California, as a revenue to carry on the various municipal departments of the said City of Lynwood for the fiscal year 1929 -1930 is hereby fixed as follows: The sum necessary to be raised by taxation on the taxable property in said City for the purpose aforesaid is the sum of Fifty- seven Thousand Three_Huridred Thirty -eight Dollars and -five_ gents ($57,338.55). SECTION 2. That the amount of money necessary to be raised by taxation upon the taxable property in the City of Lynwood, County of Los Angeles, State of California, to provide for the payment of the portion of the principal which is to become due and the accrued interest upon the City Hall bonds of the City of Lynwood (to -wit: Fifty Thousand Dollars ($50,000.00) worth of Municipal Bonds).is the sum of Three Thousand Nine - hundred and Twenty -five Dollars ($3925.00). SECT -ION 3. That the amount of money necessary to be raised upon the taxable real property (not including the improve- ments thereon) in the Assessment District described in Acquisition and Improvement No. 4 of the City of Lynwood, for said fiscal year, -1- r to pay the portion of principal and all accrued interest, which will be payable in said fiscal year, and to be assessed upon the real - property in "Acquisition and Improvement No. 4" of the City of Lyn -. wood, not including the improvements on said real property, is the sum of Four Thousand Seven - hundred Four and 57/100 Dollars ($4704.57). SECTION 4. That the amount of money necessary to be raised by taxation upon the taxable real property (not including the improvements thereon)'in the Assessment District described in.Acquisition and Improvement No. 6 of the City of Lynwood, for said fiscal year, to pay the portion of principal and all accrued interest, which will be payable in said fiscal year, and to be assessed upon the real property in "Acquisition and Improvement No. 6P of the City of Lynwood, not including the improvements on " said real property, is the.sum of Three Thousand, Five Hundred Twenty -four and 80/160 ($3,524.80). SECTION 5. That the amount of money necessary to be raised by taxation upon the taxable real property (not including the improvements thereon) in the Assessment District described in Acquisition and Improvement No. 7 of the City of Lynwood, for said fiscal year; to.pay the portion of principal and all accrued in- terest, which will be payable in said fiscal year, and to.:be assessed upon the real property in "Acquisition and Improvement No. 7" of the City of Lynwood,,not including the improvements on said real property, is the sum of Seventeen Thousand Two Hundred Ninety -two and 95/100 Dollars ($17,292.95): SECTION 6. That the amount of money necessary to be raised by taxation upon the taxable real property (not including the improvements thereon) in the Assessment District described in Acquisition and Improvement No. 8 of the City of Lynwood, for said fiscal year, to pay the portion of principal and all accrued interest, _2-�- which will.be payable in said fiscal year, and to be,assessed upon the real property in "Acquisition and Improvement No. 8 of the City of Lynwood, not including the improvements on said real 'property, is the following sum of Fourteen Thousand Seven Hundred Eighty- seven and 57/100 Dollars ($14,787.57). SECTION 7. That the amount of money necessary to be raised by taxation upon the taxable real property (not including the improvements thereon) in the Assessment District described in Acquisition and Improvement No. 9 of the City of Lynwood, for said fiscal year, to pay the portion of principal and all accrued interest, which will be payable in said fiscal year, and to be assessed upon the real property in "Acquisition and Improvement No. 9" of the City of Lynwood, not including the improvements on said. real property, is the sum of Five Thousand Nine Hundred Seventeen and 08 /100 Dollars ($5,917.08). SECTION 8 That the amount of money necessary to be raised by taxation upon the taxable real property (not including the improvements thereon) in the Assessment District described in Acquisition and Improvement No. 10 of the City of Lynwood, for said fiscal year, to pay the portion of principal and all accrued interest, which will be payable in said fiscal year, and to be assessed upon the real property in "Acquisition and Improvement. No. 10" of the City of Lynwood, not including the improvements on said real property, is the sum of Six Thousand Five Hundred Fifty - three and 52/100 ($6,553.52). SECTION 9. That the amount of money necessary to be raised by taxation upon the taxable real property (not including the improvements thereon).in the Assessment District described in Acquisition and Improvement No. 11 of the City of Lynwood, for said fiscal year, to pay the portion of principal and all accrued interest, which will be'payable in said. fiscal year, and to be assessed upon -3- the real property in "Acquisition and Improvement No. 1 of the City of Lynwood, not including the improvements on said real pro- . perty, is the sum of Nine Thousand Fifty -nine and 77/100 Dollars ($9059.77). • SECTION 10. That the amount of money necessary to be raised by taxation.upon the taxable real property (not including the improvements thereon) in the Assessment District described in Acquisition and. Improvement No. 15 of the City of Lynwood, for said fiscal year, to pay the portion of principal and all accrued interest, which will be payable in said fiscal;•year, and.to be assessed upon the real property in "Acquisition and Improvement No. 15" of the City of Lynwood, not including the improvements on said real property, is the sum of Thirty -six Thousand One Hundred Fifty -one and 41/100 Dollars ($36,151.41).` SECTION 11. That the amount of money necessary to be raised by taxation upon the taxable real property (not including the improvements the.reon) in the Assessment District described in Acquisition and Improvement No. 16 of the City of Lynwood, for said fiscal year, to pay the portion of principal and all accrued interest, which will be payable in said fiscal year, and to be assessed upon the real property in "Acquisition and Improvement . No. 16 ". of the City of Lynwood, not including the improvements on said real property, is the sum..of Five Thousand Eight Hundred One and'92 /100 Dollars ($5,801.92): SECTION 12.. That the amount of money necessary to be raised ..by taxation upon the taxable real property (not including the improvements thereon) in the Assessment District described.in Acquisition and Improvement No. 17 of the City of Lynwood, for said fiscal year, to pay the portion of principal arid'all accrued interest, which will be payable in said fiscal year, and to be assessed upon the real property in "Acquisition and Improvement No. 17" of.the City of Lynwood,.not including the improvements on, said real property, is the sum of Three Thousand Two Hundred Eighty- one and 85 /10O ($3 ME SECTION 13..That the amount of necessary to be raised by taxation upon the taxable real property, (not including the improvements thereon) the Assessment District Aeouisitzon.and Improvement No. 20 .of the Cit of Lynwood, - P Y. Y ood, -;for' said'fiscal 'year, 'to pay,the portion of principal and all accrued interest, which will be payable in said fiscal year, and to be assessed 'upon the real property in "Acquisition and Improvement No:.20" of the' Lynwood, not including the,improvemen -ts on said real property,.is ~the sum of Eight Thousand Nine Hundred Thirteen and' 71/100 Dollars J$B,913.71) -. SECTION 14. That..tlie amount money necessary'to raised by taxation upon the taxable real property (not including the .improvements thereon) in District described in Acquisition and Improvement No. 22 of the City of Lynwood, for said fiscal year, to pay the portion of principal and all accrued ". interest, adhich will be payable in said fiscal 'year, and to be assessed upon the real property in. "Acquisition.and Improvement. No. 22" of the City of Lynwood, not including the improvements-on said. real.property, is, the sum Four Thousand Nine Hundred Thirty- five'and 70/100 Dollars ,04,935.70). 6ECTICk 15.- That .the amount of money necessary to be raised by taxati#' upon the taxable real property.'(not'including the improvements thereon) in, the Assessment District described in Acquisition and Improvement No. 23 of the City of Lynwood, for said fiscal year, to pay: the portion.of'principal and all accrued ` - interest, whicb will be,•payable in said fiscal year, and to be assessed up "on,the real property in "Acquisition and Improvement No 23" of the ,City of Lynwood, not. including the improvements "on.: + .. yc said.`real property, is the sum of Three Thousand Four Hundred Four - teen and 99/,100 Dollars ($3,414.99): SECTION 16 This Ordi nano e, shall go'into'effect immediately _upon,.ts passage and approval., SECTION 17. That . , the-reason-Why , this Ordinance is -,made to go into" effect. as provided in' Section 17-hereof 'i,s because'.it is necessary that said Ordinance shall take effect immediately for the preservation of the public health,•'public peace and. safety; s that-without Municipal'furids it Will be 'impossible to carry on any government whatever in said City of Lynwood; and that under -the laws of the: State .of California the action of ;the Board of Trustee "s; now known as' the City Council of'said City, must be: certified and in the hands of the Auditor of. the County of'Los Angeles before,,;the,frst Tuesday.after:•the first Monday of.Seb tember,'1929 ,and "that to` that action it is necessary that "the aforesaid Ordinance "go into effect immediately on'it.s pabsage; approvai.as above provided; SECTION 18. The Clerk of the Cit_y''of .tyrwdod• is , to cause this Ordinance to be pub'li'shed, after its "final. passage,, .once in'the Lvnwood Tribune, a newspaper of general.circulati' ' in the City of Lynwood:•. ., Passed and approved this 29th day of August, 1929..:`' Pr s en o Fe and ees.� now knovm as • th eity Council, of` the City of Lyn,ocd;;..said.P.resident now being known as' Mayor of =said ATT city• City, Clerk, City of ynwood. Chapman, .City :Clerk of the City of Lvnv400d do y hereby certify that the _foregoing,Ordinanc' was duly adop'ted'; by`the Hoard of Trustees,:now known as the City Council of the City of'Lynwood; and approved by,the President or Mayor'of of said Board':or Council,,:at. a '.regular: meeting, of- said,. Board, .or, Council,'duly held on the .29th day, of August, 1929,' by, the following vote of 'the memberB thereof:. AYES:.Twea NOES: VoniG �: ABSENT: 'Clt . Y , Clerk , m o ynw000