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HomeMy Public PortalAboutOrd. 0350ORDINANCE NO. , AN ORDINANCE OF THE CITY OF LYNWOOD, CALIFORNIA, FIXING THE RATES OF TAXES AND LEVYING TAXES FOR THE FISCAL YEAR BEGINNING JULY 1, 1941 AND ENDING JUNE 30, 1942. The City Council of the City of Lynwood, California does ordain as follows: SECTION 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 Angeles, State of Calif- ornia, to provide for carrying on the various functions of Mun- icipal government in said City for the fiscal year beginning July 1, 1941, and ending June 30, 1942, is hereby fixed at the sum of Fifty Thousand, Nine Humdred, Sixty -four and 96/100 Dol- lars ($50,964.96). SECTION II : That in addition to the amount of money necessary to be raised as aforesaid, the amount of money neces- sary to be raised by taxation upon the taxable property within the limits of said City to provide for a capital fund for cap- ital outlays and for public improvements, to -wit: Public parks, as authorized by the provisions of Ordinance No. 322 of said City, for the fiscal year beginning July 1, 1941 and ending June 30, 1942, is One Thousand, Two Hundred Nine and 79/100 Dol- lars ($1,209.79). SECTION III: That in addition to the amount of money necessary to be raised as aforesaid, the amount of money nec- essary to be raised by taxation upon the taxable property with- in the limits of said City to provide for the payment of 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 principal amount of Fifty - Thousand Dollars and 00 /100 ($50,000.00), authorized by Ordinance No. 94 of said City, adopted on the first day of October, 1927 by the Board of Trustees of said City, is the sum of Three Thousand Sixty -four and 50/100 Dollars ($3,064.50). SECTION IV: Tnat in addition to the amount of money necessary to be raised as aforesaid, the amount of money neces- sary to be raised by taxation upon the taxable lands exclusive of improvements in Assessment District described in proceedings for "Act of 1927,MUnicipal Improvement District No. 1 of the City of Lynwood," to provide for the payment of interest and such portion of the principal of the bonds issued under said proceedings as shall become due before the time for making the next general tax levy, is the sum of Five Hundred Twenty and 32/100 Dollars ($520.32). SECTION V: That in addition to the amount of money nec- essary to be raised as aforesaid, the amount of money necessary to be raised by taxation upon the taxable lands (not including the improvements thereon) to p theprincipal and interest which has become or will become payable on the bonds of the hereinafter mentioned Acquisition 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 as fol- lows. ACQ A ND IMPROVEMENT DISTRICTS No of District Amount of money to be raised 17 $ 4,300.00 18 20,000.00 20 2,000.00 22 2,087.99 23 2,274.77 28 1,000.00 2 - SECTION VI: That for the purpose of raising the sums of money necessary to be raised by taxation upon the taxable property within. the City limits of said City of Lynwood as the revenue to carry on the various departments and functions of said City, for the fiscal year beginning July, 1, 1940, 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 beginning July 1, 1941 and ending June 30, 1942, in the sum of Eighty -four cents ($.84) upon each $100.00 of the assessed value of said pro- perty as assessed by the County Assessor and equalized by the B 3rd of Supervisors of the County of Los Angeles, within the State of California, for the said fiscal year. SECTION VII: That for the purpose of raising the sums of money necessary to be raised by taxation upon the taxable property within the City limits of said City of Lynwood to pro- vide for a capital fund for capital outlays and public improve- ments, to -wit: Public Parks, as authorized by Ordinance No. 322 of said City, the rate of taxes is hereby fixed and the taxes are hereby levied on all taxable property within the City limits of said City for the fiscal year beginning July 1, 1941 and ending June 30, 1942, in the sum of Two Cents ($.02) upon each $100.00 of sa -d assessed value. SECTION VIII That for the purpose of raising the sums of :Honey necessary to be raised by taxation upon the taxable pro- perty within the City limits of said City of Lynwood to provide for the payment of the annual interest, and that part of the principal as shall become due before the time for fixing the next general tax levy, of those said bonds in the principal sum of $50,000.00, authorized by Ordinance No. 94, adopted on the first day of October, 1927 by the Board of Trustees of said City, the r of taxes is hereby fixed and the taxes are hereby lev- - 3 - ied on all taxable property within the City limits of said City for the fiscal year beginning July 1, 1941 and ending June 30, 1942, in the sum of Seven Cents ($.07) upon each $100.00 of said assessed value. S ECTION IX: 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 proceedings for "Act of 1927, Municipal Improvement Dis- trict 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 proceedings as shall become due before the time for making the necessary 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 assessed district for the fis- cal year beginning July 1, 1941 and ending June 30, 1942, in the sum of Two Dollars and 40,1100 ($2.40) upon each $100.00 of the assessed value of said taxable lands, exclusive of improvements thereon, as assessed by the County Assessor and equalized by the Board of Supervisors of the County of Los Angeles, within the State of California, for said fiscal year. SECTION X: 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 mentioned Acquisition and Improvement Districts in said City before the proceeds of another tax levy can be made available for the payments 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 1, 1941 and end - June 30, 1942, in addition to all other taxes levied for Munici- - 4 — pal purposes, on all taxable lands exclusive of improvements in the zones hereinafter mentioned, in the following Acquisition and Improvement Districts of said City as said Districts and zones thereof were established by proceedings of said City, in the following sums respectively, upon each $100.00 of the assessed value of said taxable lands, exclusive of improvements, as asses- sed by the County Assessor and equalized by the Board of Super- visors of said County of Los Angeles for said fiscal year: ACQUISITION AND IMPROVEMENT DISTRICT NO. 22 Zone A $ 11.11 Zone B 3.81 Zone C 8.51 ACQUISITION AND IMPROVEMENT DISTRICT NO. 23 Zone A Zone B $ 10.42 4.09 SECTION XI: That no levy of a Special Assessment tax is made by the City Council of said City of Lynwood in the mat- ter of Acquisition and Improvement Districts Nos. 17, 18, 20 and 28 of said City for the fi reason that said Districts are within two Cities, or partly within unincorporated territory of said County of Los Angeles and partly within said City of Lynwood, California, and for that reason, the duty of making said levy is enjoined upon the Board of Supervisors of the County of Los Angeles, State of California. However, the requirements for the respective Districts are given as follows, to -wit: ACQUISITION AND IMPROV0,1ENT DISTRICT N0, 17 4,300.00 Acquisition and Improvement District No. 18 20,000.00 Acquisition and Improvement District No. 20 2,000.00 Acquisition and Improvement District No. 28 1 and said Board of Supervisors is hereby respectfully requested to make such levy in the amounts given hereinabove in the manner and as required by law. SECTION XII: It is hereby declared that the immediate preservation of the public peace, health and safety require that this Ordinance shall become effective immediately, and the facts constituting the emergency thereof are as follows: - 5 - Tuesday, August 26, 1941, is the last day upon which the City of Lynwood can fix the rate of taxes and make a valid assessment and levy such rates so fixed as provided by law. SECTION XIII: That the Citti of said City shall cer- tify to the passage of this Ordinance and cause the same to be publishedonce in the "Lynwood Press, a weekly newspaper of gen- eral circulation published and circulated in said City of Lyn- wood. Said City Clerk shall also be directed to forthwith de- liver to the Tax Collector of Los Angeles County a certified copy of this Ordinance. APPROVED and ADOPTED this .�r day of August, 1941. 7e A&z�6�' 1 - MAYOR OF THE CITY OF YNW OD . AT 1 ES — 0ITY C ERK, CITY OF YN',` OOD . - 6 - STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES si CITY OF LYN1 ) I, the undersigned, City Clerk of the City of Lynwood, California, do hereby certify that the above and foregoing Ordinance was duly adopted by the City Council of said City at a n adjourned regular meeting thereof held in the City Hail of said City, on the 25th day of August , 194 1_and passed by the following vote: AYES: COUNCILMEN: Zimmerman, McMeekin, NOES: Christensen and T1'eyer. COUNCILMEN: None. ABSENT: COUNCILMEN: Lake.