HomeMy Public PortalAbout2019.083 (07-16-19) RESOLUTION NO. 2019.083
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; and
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 FIND, ORDER, AND RESOLVE 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 2019-2020 is hereby determined
and established as $0.125 for each $100 of assessed valuation.
Section 2. The tax shall be collected in the same manner as ordinary ad
valorem property taxes are collected.
Section 3. The Auditor-Controller of Los Angeles County is requested to enter
on the next County assessment roll on which taxes will become due, opposite each lot or
parcel of land affected, the installment of the tax that is then due and the rate of that tax.
Section 4. The City Clerk is directed to certify to the passage and adoption of
this resolution and to transmit a certified copy of this resolution to the Auditor-Controller
of Los Angeles County.
PASSED, APPROVED AND ADOPTED THIS 16th day of July 2019.
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Jo = Luis Solache
M'/ or
ATTEST:
Maria Quinonez José •meteotl
City Clerk City anager
APPROVED AS TO FORM: APPOVED A$-•CONTENT:
Noel Tapia --7 ,
n Downs, 'A
City Attorney `inance Director
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