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HomeMy Public PortalAboutOrd. 0260ORDINANCE NO. 260 . 'AN OF THE CITY OF LYNWOOD FIXING THE RATES OF TAXES AND LEVYING'TAXES FOR THE - FISCAL YEAR BEGINNING'`:JULY "1ST, 1935 AND ENDING JUNE'' 30TH 1936.. - - - - 0. The City Council of the City of Lynwood does ordain as follows SECTSON'1: That the 'amount of• money necessary to be rai- 1 `•sed by taxation upon. the`. taxable' property within the limits•of the City 'of'L . Angeles, State of California, to pro- vide for, -carrying on: the various- f]znctions -ofi Municipal Government in said City for ,the fiscal "year beginning Julq•lst,'.1935. and end ing June 30th, is hereby fixed at the sum of Forty;- one sand Three Hundred F.our`Dollars and Thirteen cents (61,304.13). SECTION:2: That the amo.unt of .money ;•necessary to.be rai- sed by taxation upon the taxable 'property within the limits of said City to provide for .the payment ? of the annual interest and that por- t - o ' n of the prinoipal yas shall become due before 'the "'.time :for fixing' the next general tax;levy of_those bonds in the a7 mount 'of $50),000100 authorized by,Oidinance No._ 94 'ad'opted' on `the` lst day. of October, 192T, by',.the Board of Trustees of said City; is the a sum of `Three: Thousand Three Hundred, 'Twenty -Five Dollar.,s and Fifty- . Four. .cents" (3,.325.54). � SECTION`3 :­ That in addition to the amount, of money neces sar to be raised as aforesaid, the amount of money necessary to be raised by taxation upon the taxable lands,''exclusive `of improvements, in•the assessment district described in the for "'Act of 2927 N:uni�cipal `Improvement District No;:`l; of the City of Lynwood ", to provide for th payment of the interest and such portion of. -the principal; of..the bonds` issued under said proepedings, as is to be- come due beforb- 'th e time;for rhdking :the .nex:t'gerieral tax levy, is_ the, sum of,Six•xundred:Seventy- eight Dollars -.and Sixty-seven',cents (0678.- . 2 - SECTION 4 That "in addition to the* amount. :of,> money neq.- e,ssary to be r:aised` "as, aforesaid, the 'amount'of 'mo'ney' ne'cessary'to:' be raised by" taxation upon :the taxable lands '(not including the im- f 'the.principal.and provements thereon to, pay interest which ,has -.. come or Will become payable. on the-bonds " be of the"hereinafter mentioned -. ., Acquisition and Improvement'Districts in'.said.'Ci'ty, before the pro- ceeds of'another tax levy can be made available -for the 'payment' of: said principal- and"interest, is as follows:,. ACQUISITION "AND IMPRO MIENT DISTRICTS. Number of Amount of money to be raised 4 41463.'46 S .4;156.08 10,483:70 8 .. 19,752.31 y :. .. 9 4;110.50 r. TO 11;287.30 11: 5,517:00 15 ..3,1`16.45 ,." ° � •16' ':: .� .. ' 575•',55, . 17. 4 18 4 :;20, 000.00 ' ;19:. 15,261.17 .. .. •20 No Levy , 22;. 3,843.66 2'3' 3,182.26 ". 241 2;;809.19 25 6, •373:80 26: .. 1,165:96 - 28 - : 1,317.40 3 SECTION 5a: Vdt' forts. the purpose of raising the `sums of ' ` money necessary to be raised . by taxation upon the taxable,property,, within'; the City omits of.the City'of - Lynwood• as the revenue` "to•car ry on the :various`."departments and' functions of ;said , City for °."the fs c`a1 year' beginning July. lst,`.1Q35,' -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 :beginning, : July Ist,' 1935 and ending June, 3(Dth;;' :i936, in .the.sum.of Eighty Six,'Cents ($ upon each'one Hundred `Dollars "of .the " assessed value.. of said property' as assessed by the' County Assessor` and equalized by ,the Board of Sup ervisors of the County of Los. /Angeles for. -the. said f.iscal ; SECTION' , 6 i That •for the purpose'of raising• the' sum of ;'r money necessary "to be raised by'taxation`upon,the,:taxable property within the city limits of the Ciij_,of,Lynwood.to provide for the'pay- ment' of the annual , interest and .that part of ,_the pr nc as shal•1 "`• bec'ome 'd'ue °before'. the, time; for fixing. -they next�rgeneral- tax levy; -,of those 'certain bonds• in the principal sum 'of 50,000.00 authorized by Ordinance No. 94 adopted ".on+ the Is.t day. of `OCtober;:'T927 by the Board ofTruste es•of "'said•,Ci rate of taxes is fixed and taxes are hereby levied on ali.- taxable,propertzr within, the City limits 'of said City; . for the fiscal year beginning duly lst, 1935 ' and ending June"30th, 1936, in the"sum of Seven.Cents'( .07) upon �. each One Hundred Dollars of said assessed value. SECTION-7 That for, purpose"of,raisih - the sum of, money "necessary to be raised by taxation iipon the taxable lands, ' • exclusive of improvements; in the assessment district described the proceedings•for. "Act of.1927,Municipal Improvement,Dis rict;No.. 1, of the City of Lynwood"', to provide for,the payment of the inter Est and such""portion;'of` the principal of" the'_bonds "issued under said proceedings, as is to become due before the time for making next general tax levy,, • the rate.of taxes is. hereby fixed, and taxes are hereby, levied; ='in;additori'to all'.other taxes "a,evied - •for 'Municipal ! purposes;: on alil`•taxable lands, exclusive`of, improvements in said asses smeit�distri' t, for the. Pis cal year beginning July 1st;'.1935 ` and ending June 30th,' 1 .in the ..sum `of One Dollar, Id.- Three Cents : 01.43) upon each` One Hundred' Dollars :of- the. Assessed" ` value- of'said taxable la.nds,.exclusive'of improvements thereon,'.' as assessed! by the County Assessor and equalized by'the Board of . Supervisors, of the County. of. -Los Angeles for: is aid 'fiscalye;ar. ,.,,. SECTION 8r " That for "`the purpose of raising..th e sums of money.riecessary , 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, be£ore:the procegds.of another tax'1evy; can be`made available :f or -the payment of -said .principal and interest,•the'rate.of taxes is hereby fixed, and, special assessment taxes ,are hereby ; levied. for: :the fiscal year beginning July 1st, 1935 .,and* ending June.30th•,.1936, iii` `add'i'tion to all, other: taxes levied .for. Municipal purposes', on all• taxable lands,"exclusive of improvements,. in_th'e zones hereinafter mentioned in 'the :following Acquisition .and Improvement Districts 'of ” said;" City, as' said' di'stricts.' and zones thereof were established" by . proceedings of s City, i.n..the following sum s, respectively upon. each Hundred,Dollars•of -the assessed valiie of said taxable lands, 'exclusive' of - improvements•, asses sed!by the County Assessor an;d equalized, by the. Board .of � Supervisors of_ ,the County. of, Los Ange- le s.f on the' said. fiscal year:. ACQUISITION AND IMPROVEMENT DISTRICT NC. 4 Zone' No. 1 • $p 1.03., Zone No. '5 5.80 Zone No. 2 .90:" .Zone No. 6; 626.49. =° Zone "No. 3 .- a4. 8.61 ZoneryNo',. "' 7 ,a6 �. :Zone. No. 4 7.17 ZOne`NO. '8 .66 _s, r _ " J I 's ACQUISITION AP A ' >TMPRC'VFMABNT•'DISTRICT'N0. 6 "` j 9 , ` Zone�No 1 `.z . "31 "ZoneNo Zone `No. 2 74 Zone No 10 7.56 r Zone 3 25.27 Zone No. 11 x..12.60 ' Zone No. 4 5.02 gone No 12 4.92' Zone No. 5. 2:03 a L one No 13 a Zone ; 6 12 45 , Zone No 14;. 05 ZoneNo..7 x)11:21.. ^ .`.Zone No 15 - 4No'. 8 9.97 xe ACQU153TI'ON AND. IM PROVEMENT'IDISTRICT" N0. 7 1 Zone =3.45 1 f 4 ACQUISITION AkD"TMPP"'bVtiVITNTI DISTRICT NO 8 � 4 Zone A4.85 5 �� Zone 8 4 ;. _ } e 37 ACQUISITION AND IMPROVEMENT DISTRICT. 1 Lone $.23.43 x ° d ° A r • ACQUISITIONAND,IMPROVEMENT DISTRICT N0,.10 -, Zone -A .$A.79 `Zone , B •� ' Y r ACQUISITION "AND IMPROVEMENT ^:DISTRICT' NO. x t 1 5.54 ACQU IMPROV- FXEN`T DISTRICT r Zone A r �$ 1 82 Zone E s 1:35 J 4 , Zone B ' 1.43 lone F 33 J u F Zone` C 2.19. Zone G .60 : +: Zone',D a 2 7i Zone H. 26 r 1 ✓' A r a rJ J i ' .` r .. •. - i! ..: y a ... n . rs ,.. ...'• `' .- ., ` _ yid .. p y • ` 4 r 4 6 IN _TY A IPROVOILENT,. D fl NO.' 7 Zone . "46 Lone C Z BP 3 14 ACQUISITION AND IMPROVEMENT " DISTRICT NO ' 23 - Zone A one B ACQUIS-ITION.,.IAND IMPROVEMENT :DISTRICT - NO % 1.5 ' Zone ', F Zon X14.11 ,- I- ,, ­%1. . 28 Z one 'G,�" Zone - -B ' Zone C Z on e ' Z 3 86' one., Zone': D f - ohe , R' 'J Z .75 Zone 26 .78 0 - T ACQU-13�IT,ION,'Al4D DISTRICT ':NO.. Zone ­A y 16. 6 4 Zone D Zone:8, I E r '49' Zone �1' 166" ky Z' on( .01 Z Z one i, 9 . 17 spec assessment taxm a "SECTION T of a hat .-no. 1 e'v made t-by , th'e7 City C&Uilellof, the - City of Lynwo in the.matter - Ac- 14ili s it Districts No6l. I" - 9�- 20 24 dn'd �ibn and, mproV ­-"2611 of City,' for the 'reason � th6'adia d tare within the County ` P6,ft r jy � *it .. two 'cities bi� within. iinincor,,poF�te'd�,�.�e7F�to��, t -��6 o f , ,-'Los , An't , e ]� ' e s d an 'I partly itb fn, the C lt-y� of Lynwdod' if 6rnia f or �."t h i r'e'a s th'e` d'u t ' :'tn' ' en joine upon . 1s , 7 , - :the Board" -6f' of th Co unty ._of Los A 61esj .St.;� An geles; 'Cal- or , ni a� e respective districts. f. H'ow'ever'; -,the '.require as fol lows �' ." t it" are S. d I ovem ent, District N 3 qui. iltion�-An mpr 15'. Mp l, _ d' Ac qui s ition '4 373;17 vemen Di'�tr ict gNo. �17 an :nd i �.a mprovement"d 'No. - - 18 0 "`' Acquisition Di qtr icA� A cquisition cq eh-26-1 ti t Di 3*�ri 'Nc"'�' 19' '15 uisi on,-,aq mproymen vy - c qu LiSitiori 14b. 20 '_No. -A ' t 4 r , , I , I I I - it -District N 0`.� Ac'quis.ition and Dmpj� _" 3j � 7. ! 40 I, 1.jeiit�:t)i.'Str District r 1 o I � . 1 . Acquisition dnd*,, 1�ipf-ovep NO 1