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HomeMy Public PortalAboutOrd. 0287\q ORDINANCE. N0.1 AN ORDINANCE OF THE CITY OF LYDnv"OOD FIXING THE RATES' OF TAXES AND LEVYING TAXES`FOR THE FISCAL'.' YEAR BEGINNING JULY 1ST, 1937 AND ENDING JUNE 30TH 1938.. The City Council of the.City'of.LynwP od does ordain,as follows: SECTION LC. 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 Angeles, State'of California, to.provide for carrying on the various functions of Hun Icipal Government in said City for the fiscal year beginning July "1st, 1937and %ending June 30th 1938°-is hereby fixed at the sum.of Thirty -nine Thousand Nine Hundred Ninety -three and fifteen cents ($39,°93`.15). ° ? SECTION 2:. '-That the amount of money necessary to be raised by taxation upon the taxable property within the'limit said'City to provide for the payment of the annual interest and M 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 print "ipal amount of $50i000.00.authorized by Ordinate No. 94 adopted on the, 1st., day of October, 1927; by the Board of Trustees of said City,, is the.sum of Three Thousand Two Hundred Fifty -one. and nine cents ($3 SECTION.3: That in ad.dition to the amount'of money '.neoessar.y to be raised a.s'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 proceedings for "'Act of 1927,' Municipal Improvement District No. -1, of the City of Lynwood ", to ' provide for the .payment of•the interest and such portion.of the prin- cipal, ,of the bonds issued -under - said proceedings, as`s to '= become due before,the time for making the next general tax levy, is the sum of Six Hundred Fifty -Three ` and'19 /100 Dollars. ($653.19).- SECTION 4: That in addition to the:amount.of money necess- ary 'to be raised as aforesaid,•the amount :of'money necessary to be raised' +by, taxation upon the taxable lands (not including the.imnrove -. ' ments thereon) to pay the principal and interest rvhic2i has become or will become payable on the bonds of' 'the : .hereinaf ter . mentioned .ACqui- Sition, and Improvement Districts. in said -City, .before the proceeds of another tax levy can be made available for the payment_of said principal and interest,.is as follows: ACQUISITION.AND IMPROVEMENT DISTRICTS' Number of District Amount of money to be. raised 4 4,.037.45- v 6 (No Levy): 7 11,385:88 g 19,105.00 12,800.55 10 (No Levy ll 5,838.48. ' 16 430.50 r ' 15. -'. "' •. _ 6;591.57. - 17 4,734.51 ✓ . 18 P2,000.00 2,000.00 ✓ " . b (No Levy.) 20 2,000-00 ✓.: . 22.'.7. 4,214.41 .. .23 - ' "'. 3;490'9;2✓ , 24 1,953.58 25 5,737.42 . 26 1,400.35 ✓ .. , 1;488.21 -2"- SECTION 5: That.for.the purpose: "of raising the'su' of .money.necessary to. be raised by- taxation upon property within the City "limits : the City of.Lynwood as the revenue to carry on the 'various departments= and functions of said City for -the "fiscal" year beginning July lst, 1937, the rate of taxes is hereby fixed, and taxes are hereby levied on all taxable property.within the City, limits of said'City", for fis cal year beginning July lst, 1937 *and "' ending "June ,30th, ", 1938; in the sum,ofEighty -six cents ($,,..86). upon each One Hundred Dollars .of, the`,assessed'"yalue of said property as assessed.by'the County Assessor and equalized by the Board of Super visors of the Co' ty „of •Los Angeles for. the said * ' fiscal year SECTION,6: That for the: purpose :of raising the sum of money. necessary to be raised by taxation upon the,taxable property within the city iimits of ,the. "Ciity. of Lynwood to provide for, the payment of the interest and that part of the principal as shall become -due before the time for fixing"the next general tax levy; of "those- certain - bonds :in the principal 'sum of $50,000:00 authorized, 'by'" .” Ordinance, No 94. adopted: onthe 1st day of October, 1927 by the Board of Trustees 'of said City,, the rate taxes is hereby fixed and taxes care hereby levied on all "taxable property within the City limits "of said"City,• for the fiscal year beginning July lst,..1937 and. ending June 3Oth,'1938, in the sun of seven cents ($ .07), upon'•each One Hundred Dollars of said assessed value. SECTION 7:" .That.for the'purpose of raising the sum of money necessary to be raised by taxation "'upon the - taxable" lands,",exclusive of improvements, in the"assessment'district. described in the proceed- .. . ,.. - ings for !'Aet of 1927 Municipal Improvement District No. 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.proceedirgs, as is to be come 'due before, the time for making the next general 'tax levy, the rate of taxes is hereby fixed, and taxes are herreby levied, 'in addition to all: other, taxes for Municipal ":purposes, on" "all ..• 3t�iF ACQUISITION AND Iiv'FROVEL4ENT DISTRICT NO. 6 (No.Levy ACQUISITION AND IMPROVEMENT DISTRICT NO. 7 1 Zone $ 4.64 ACQUISITION AND IIviPROVELENT DISTRICT NO.' 8 Zone .A- 4.92 Zone B .47 ACQUISITION AND IMPROVU ENT DISTRICT NO. 9 ' 1'Zone 3.34 ACQUISITION AND IMPROVEMENT DISTRICT NO.,10. No levy ACQUISITION AN .IL_PROVEP:QENT'DI'STRICT N0. 11 1 Zone 6..33 ACQUISITION AND IMPROVEMENT "DISTRICT NO..16 Zone A None Zone.E 2.,28 Zone B None' Zone'F .33. Zone C :,4.33 Zone" G, . .78 . Zone D None-'' Zone H ACQUISITION AND 'IMPROVEMENT DISTRICT NO. 3t�iF ACQUISITION AND IMPROVEMENT "'DISTRICT NO. A22 ' ' ZONE ,A. , ,$ 11.11 Zone C "p, 8:51 ✓ Zone B . >, 3:81 I ACQUISITION.AND IMPROVEMENT DISTRICT NO. .. Zone. A .. $:10 Zone B 4:09 ACQUISITION AND IIIPROVEIENT 'DISTRICT N0. "25 ; Zone A :, 16.82 Zone F 3.56 Zone B ' 11.95 Zone G . 84 Zone' C •'. 12.97 Zone H :' 24.57 Zone" D` :: • 2.93 ,Zone I' NONE Zone E .75 'Zone J, 26.52 ACQUISITION AND IMPROVEMENT-DISTRICT..-NO. 26 Zone A. Zone'.,D.. .. $�. 4 Zone B 2:09 Zone E 79 ' Zone C Ol - -.'/ -Zone F 0 SECTION 9 .:' That ;no levy'of' a: special assessment tex is :made by the City Council of the City of Lynwood in the 'mat ter of Acqu'i'si- Lion and Improvement + :Districts Nos. 15;.17; 18, 19 20; 24. and 28 of said City, for the reason that the`said'districts`are'vaithih` two` cities,or partly within unincorporated territory oz.the County of Los Angeles; And partly, within the City of Ly-nviood.;.'. Calif ornia, and for that reason the. duty. of making said levy is 'ehjoined `.upon`:the. Board of .Supervisors' of,, the 1. County. of 'Los ; Angeles, State of California. However,' the :requirements' for 'the respective.'di_stri ets are given as :. follows, to -wit: • ' . ' Acquisition �nd,Impoovement District: No ­l5 „$ 6,591 57 , Acquisition and',Improvemert District No . 17 4 Acquisition . and Improvement Distri ct_No., 18 22,000.00" " Acquisition and Improvement_' District, No. -19 (No { Levy) : ' Acquisiti`ori and Improvement District No ,20 2,000 00 Acquisition and 'Improvement District No. 24 1' ;95C 58 'Acquisition ✓, l and •Improvement,Distri,gt. No.' 281. 1;488 21 4 6 and. the said Board,.of,Supervisors is. hereby respectfully requested to make such levy in the amounts given, he rein .above,,in the manner and as required by'•.law. . SECTION 10: It is hereby decTared'that the immediate preservation ¢' the public` peace, health and safs-ty, requ'i'res that this ordinance shall become effective immediately and the fa.cts-.constitutiig the-urgency thereof are as follows: 3�d- . Tuesday, Aug Tuesday, 1937 is the last; day uoon'drhich the City can 'fix the "raie•of taxes and make, a valid assessment and, levy of such rates so fixed- as'.provided gy;law. rt •. .. SECT ION.11• That the City Clerk shall certify -to: the passage of; this Ordinance and .cause ; the same to be published once in the Lynwood Press a newspaper of general circulation pub - lisped and circulated in said City of-Lynwood..' _PASSED AND ADOPTED this .31st, day of August, 1937. b. AA, OR OF CITY, OF LYI W.0OD , C TY CL 'i(K- CITY OF LYId OOD STATE OF CALIFORNIA • _.. COUNTY OF LOS ANGELES ) >ss CITY OF' LYNwoob )`.. I, the undersigned; 'City Clerk of the City of Lynwood, - California;'do hereby certify that the above and foregoing 6rdinance was duly adopted - by the City Council of said City at ANN Adjourned regular meeting..thereof held in.•the;City,Hall of Said City, on the 6 day bf August , 1937;• and passed by the followingvote:'` AYES COUNCILUEN:• Lake, teye Nation, Snyder -and Boster. NOES: 'COUNCILMEN: None. " ABSENT :COUNCILI.N: ;I•fo' AF— TIN CLE RK - CLE CITY OF 'LYNV'CO� .q.