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HomeMy Public PortalAboutResolution 60-681' II Mayor of . e Cit of Te'`. e City, ATTEST: California. RESOLUTION NO. 60 -63 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMPLE CITY SET- TING NO CITY TAX RATE THE CITY COUNCIL OF THE CITY OF TEMPLE CITY DOES RESOLVE AS FOLLOWS: WHEREAS, the City of Temple City was incorporated as a gen- eral law city of the State of California on the 25th day of May, 1960, and WHEREAS, the reserves and revenues of the City of Temple City arising out of the City's share of gas taxes, sales taxes, in liieu taxes and other sources of revenue are adequate to operate the City, and WHEREAS, the City of Temple City expects to enjoy a surplus at the end of 1961 while at the same time providing a higher level of municipal service to its people than heretofore furnished as an unin- corporated area, NOW, THEREFORE, the City Council of the City of Temple City does resolve as follows: SECTION 1. That the City Council of the City of Temple City does hereby set no city tax rate for the year 1960 -1961. PASSED AND ADOPTED this 22nd day of August, 1960. alfiaa-C- ' City Clerk of the City of T mpfe City, Californi 31