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HomeMy Public PortalAboutOrd. 0219ORDIhi,T'CE N0. 219. I" ORDIIT.IVE OF TIE CITY OF LYInlOOD FIXING TH2 RATES OF TAXES .'M LEVYING T., C-S 7OR THE FISCAL YE R BEGIN - ING Jt7LY1, 19j3. The City Corncil of the City of Lynwood do ordain as follows: CTIOIT 1: That the amount of money necessary to be raised by taxation upon the taxable property ,within the limits of the City of Lynwood, County of Los _nmeles, State of California, to provide for carrying on the v arious functions of municipal overnment in said City for the fiscal year beginning July 1, 193:1 and ending June 30, 1934 is hereby fixed at the sum of .39,000.45. SECTION 2: That the amount of money necessary to be raised by taxation upon the taxable property within the limits of said City to provide for the payment of the annual interest and that portion of the principal as shall become due before the time for fixing the next general tax levy of those certain bonds in the prin- cipal amount of !:.50,000.00 authorized by Ordinance No. 94 adopted on the 1st day of October, 1927, by the Board of Trustees of said City, is the sum of $2,251.63. 37CTION 3: That in addition to the amounts of money nec- essary to be raised as aforedaid, the amount of money necessary to be raised by taxation upon the taxable lanes, exclusive of improve- ments, in the assessment district described in the proceedings for 'tAct of 1927 municipal Improvement District ro. 1, of the City of Lynwood", to I- rovide for the payment of the interest and such por- tion of the principal, of the bonds issued under said proceedings, as is to become due before the time for making, the next general tax levy, is the sum of $567.11. SECTION 4: That in addition to theampunts of money nec- essary to be raised as aforesaid, the amount of moneynecessary to be raised by taxation upon the taxable lands (not including the im- provements thereon) to pay the principal and interest which has be- - 2- come or will become payable on the bonO.s of the hereinafter mentioned Acquisition and Improvement Districts in said City, before the proceeds of another tax levy can be made available for the payi -ent of said prin- cipal and interest, is as follows, respectively; ACQUISITION ZM I1r;1ROVM1ENT DISTRICTS. T umb er of 7i strict Yo. 4 No. 6 No. 7 No. 8 No. 9 No. 10 No. 11 No. 15 No. 16 No. 17 No. 20 No. 22 No. 23 No. 25 No. 26 No. 28 (P TO. 18 ( Wo. 19 ( (Yo. 24 SECTION 5; ?mount of TToney to be raised r 4,515.99 3,199.82 $ 12,176.84 44, 22, 950.32 "312 1 608.96. 3 10 ) 046.31 6,375.26 6' 11,810.77 =� 3, 237.32 4 ,845.53 yi 9,501.86 4,527.53 3,722.27 x62 } ;3 13.82 42,429.23 ) `:o. Lev 14,63 7.60 ) 1,553.14 That for the purpose of raising the sums of morey necessary to be raised by taxation upon the taxable , roperty within the city limits of the City of L,nvrood as the revenue to carry on the various depart-ents and functions of said City for the fiscal year beginning July 1, 1933, the rate of taxes is hereby fixed, and taxes are hereby levied on all taxable property within the City limits of said pity, for the fiscal year be .-inning July 1, 1933 in the sum of .86 upon esch One Hundred "ollars of the assessed value of said property as assessed by the - 3- County Assessor =.nd equalized by the Board of Supervisors of the 0 ounty of Los Angeles for the said fiscal year. SECTIOr 6: That for the purpose of raising the sum of money necessary to be raised by taxation upon the taxable property within the city limits of the City of Lynwood to provide for the pay- ment of the annual interest and that part of the principal as shall be- come due before the time for fixing the next general tax levy, of those certain bonds in the principal sum of ;450,000.00 authorized by Ordinance No. 94 adopted on the let day of October, 1927 by the Board of Trustees of said City, the rate of taxes is hereby fixed, and taxes are hereby levied on all taxable property within the city limits of said City, for the fiscal year be,-,inning July, 1, 1933, in the sum of .05 upon each One Hundred Dollars of said assessed value. SECTIOTI 7: That for the purpose of raising the sum of money necessary to be raised by taxation upon the taxable lands, ex- clusive of improvements, in the assessment district described in the proceedings or "Act of 1927 Municipal Improvement District Pao. 1, of the City of Lynwood," to provide for the payment of the interest and such portion of the principal of the bonds issued under said proceed- ings, as is to become due before the time for making the next general tax levy, the rate of taxes is hereby fixed, and taxes are hereby levied:, in addition to all other taxes levied for municipal purposes, on all taxable lands, exclusive of improvements, in said assessment district, for the fiscal year be innin.- July 1, 1933, in the sum of 1.18 upon each One Hundred - o7.1ars of the assessed value of said taxable lands, excluding improvements, as assessed by the County Assessor and equalized by the Board of Supervisors of the County of Los Angeles for said fiscal year. SECTION VIII: That for the purpose of raising the sums of money necessary to be raised by taxation upon the taxable lands (not including the improvements thereon) to pay the principal and interest which has become, or will become payable on the bonds of the hereinafter Acquisition and Improvement Districts in said City, before the proceeds of another tax levy can be made available for the payment of said prin- cipal and interest, the rate of taxes is hereby fixed, and special assess- ment taxes are hereby levied for the fiscal year beginning July 1, 1933 in addition to all other taxes levied for municipal purposes, on all taxable lands, exclusive of improvements, in the zones hereinafter men- tioned in the following Acouisition and Improvement Districts of said City, as said districts and zones thereof were established by proceed- ings of said City, in the following sums respectively upon each One hundred Dollars of the assessed value of said taxable lands, exclusive of improve- ments, a.s assessed by the County Assessor and equalized by the Board of Supervisors of the County of Los Angeles for the said fiscal year: ACQUISITION AND IMPROVEMENT DISTRICT NO. 4 Zone No. 1 .99 Zone No. 2 .91 Zone No. 6 26.23 Zone No. 3 8.16 Zone No. 7 .03 Zone No. 4 7.35 Zone No. 8 .86 Zone No. 5 6.23 ACQUISITION AND IMPROVEMENT DISTRICT NO. 6 Zone No. 1 Zone No. 2 Zone No. 3 Zone No. 4 Zone No. 5 .23 .53 23.66 3.63 1.34 Zone No. 6 Zone No. 7 Zone No. 8 Zone No. 9 Zone No. 10 9.57 6.61 7.66 6.70 5.81 Zone No. 11 Zone No. 12 Zone No. 13 Zone No. 14 Zone No. 15 4.84 3.05 2.22 .02 4.62 IM ACQUISITION AND IMPROVEMENT DISTRICT NO. 7 1 Zone 4.43 ACQUISITION AND IMPROVEMENT DISTRICT NO. 8 Zone A 5.27 Zone B .43 ACQUISITION AND IMPROVEMENT DISTRICT NO. 9 1 Zone 2.93 ACQUISITION AND IMPROVEMENT DISTRICT NO. 10 Zone A 3.95 Zone B .79 ACQUISITION AND IMPROVEMENT DISTRICT NO. 11 1 Zone 6.36 ACQUISITION AND IMPROVEMENT DISTRICT NO. 16 Zone A. Zone B. Zone C. Zone D. Zone E. Zone F. Zone G. 8.94 8.04 12.41 15.31 6.93 1.86 3.56 Zone H. 1.39 ACQUISITION AND IMPROVEMENT DISTRICT NO. 22 Zone A. Zone B. Zone C. 10.97 3.70 9.14 ACQUISITION AND IMPROVEMENT DISTRICT NO. 23 Zone A 11.02 Zone B 3.34 ACQUISITION AND IMPROVEMENT DISTRICT NO. 25 Zone A. Zone B. Zone C. Zone D. Zone E. 16.21 12.61 12.02 3.28 .87 Zone F. Zone G. Zone H. Zone I. Zone J. 1.70 .27 20.02 41.20 30.76 ACQUISITION AND IMPROVEMENT DISTRICT NO. 26 NO LEVY SECTION IX: That no levy of a special assessment tax is made by the City Council of the City of Lynwood in the matter of Accuisition and Improvement Districts Nos. 15, 17, 18, 19, 20, 24 and 28 of said City, for the reason that the said districts are within two cities or partly within unincorporated territory of the County of Los Angeles, and partly within the City of Lynwood, California, and for that reason the duty of making said levy is enjoined upon the Board of Super- visors of the County of Los Angeles, State of California. However, the recuirements for the respective districts are given as follows, to -wit: A. & I. - -- #17--- 4,845.53 A. & I. #20 - -9,501.86 A. & I. #15 11,810.77 A. & I. #28 - -- 1 A. & I. #18--- $62,331.68 A. & I. #24-- $14 A. & I. #19--- $42,429.23 and the said Board of Supervisors is hereb-- respectfully reouested to make such levy in the amounts given herein above, in the manner and as required by law. SECTION X: The City Clerk shall certify to the passage of this ordinance and cause the same to be published once in the Lynwood Tribune and the same shall become effective. Passed and adopted this 29ti. day of Aug st, 1933. red J Da es, Mayor of i of Lynwood ATTEST. i e R. '.". Anderson, City Clerk of the City of Lynwood I hereby certify that the foregoing Ordinance was passed by the City Council of the City of Lynwood at an adjourned regular meet- ing thereof, helc on the 29th day of August, 1933, by the following vote: :YES: Councilmen Snyder, "'right and Davies. NOES: Couacilmen Daetweiler. ASSENT: Councilman Childs. R. '". A 43son, City Clerk City of Lynwood -6-