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HomeMy Public PortalAbout2014.175 (10-07-14)RESOLUTION NO. 2014.175 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD DECLARING ITS INTENTION TO ORDER ,THE LEVY AND COLLECTION OF TAXES FOR THE CITY'S CONTRIBUTION TO THE RETIREMENT FUND WHEREAS, on April 16, 1946, the electors of the City of Lynwood,adopted Ordinance No. 426, that approved the State Employees' Retirement system as the retirement system for officials and employees of the City of Lynwood and authorized the City Council to levy taxes to maintain the City's share of contributions to the retirement system; and WHEREAS, on November 4, 1974, the electors of the City of Lynwood adopted Ordinance No. 975, that amended Ordinance No. 426, as well as the contract between the City and the Public Employees Retirement system, to include improved retirement benefits for local safety members in the City of Lynwood and further authorized the City Council to levy such taxes as may be determined to maintain the City's share of those improved benefits; WHEREAS, on August 6, 1997, the City Council adopted Resolution No. 97 -124, adjusting the rate of the tax levy to pay for the costs and expenses relating to the maintenance and operations of the Retirement Fund; and WHEREAS, On October 13, 1998, the City Council adopted Resolution No. 98- 177, adjusting the rate of and levying taxes for the City's contribution to the retirement fund and approving a settlement in the matter of Howard Jarvis Taxpayers Association v. City of Lynwood; and WHEREAS, one of the conditions of the settlement in the matter of Howard Jarvis Taxpayers Association v. City of Lynwood was to fix the rate of the tax related to the Retirement Fund at $0.125 per $100 of assessed valuation; and' - WHEREAS, the County of Los Angeles requires the City to approve the tax rate annually. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOWS: Section 1. The specific rate of the tax to be collected to pay for the costs and expenses related to the Retirement Fund for fiscal year 2014 -2015 is hereby determined and established as $0.125 for each $100 of assessed valuation. Section 2. The tax shall be collected in the same manner as ordinary ad valorem property taxes are collected. Section 3. The Auditor - Controller of Los Angeles County is requested to enter on the next County assessment roll on which taxes will become due, opposite each lot or parcel of land affected, the installment of the tax that is then due and the rate of that tax. Section 4. The City Clerk is directed to certify to the passage and adoption of this Resolution and to transmit a certified copy of this resolution to the Auditor- Controller of Los Angeles County. PASSED, APPROVED AND ADOPTED this 7th day of October, 2014. ATTEST: Maria Quinonez, 6ity Clerk APPROVED AS TO FORM: David A. Garcia, City Attorney Aide Castro, Mayor APPROVED AS TO CONTENT: J. Arnoldo Beltran, City Manager C -�� Amanda Roberson, Director of Finance STATE OF CALIFORNIA ) ) SS. COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 7th day of October, 2014. AYES: COUNCIL MEMBERS ALATORRE, SANTILLAN -BEAS, SOLACHE, HERNANDEZ AND CASTRO NOES: NONE ABSENT: NONE ABSTAIN: NONE Maria Quinonez, City Clerk STATE OF CALIFORNIA ) ) SS. COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above foregoing is a full, true and correct copy of Resolution No. 2014.175 on file in my office and that said Resolution, was adopted on the date and by the vote therein stated. Dated this 7th day of October, 2014. Maria Quinonez, City Clerk