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HomeMy Public PortalAboutResolution 62-233RESOLUTION NO, 62 -233 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMPLE CITY INDI- CATING NO CITY TAX RATE FOR THE FISCAL YEAR 1962 - 1963 THE CITY COUNCIL OF THE CITY OF TEMPLE CITY DOES RESOLVE AS FOLLOWS: WHEREAS Section 51511 of the Government Code of the State of California specifies that annually before September 1, the City legi3- lative Body shall fix the rate of taxes by designating the number of cents upon each one hundred dollars of assessed valuation, and WHEREAS, The City Legislative Body is further required to transmit to the Auditor of the County of Los Angeles .a statement of the rates so fixed, and WHEREAS, the revenues are sufficient from other sources for the City to continue to provide a high level of municipal services without .the necessity of leveling a city tax rate, NOW THEREFORE, THE CITY COUNCIL of the City of Temple City does hereby determine that there will be a zero (0) tax rate for the City of Temple City (no levy) for the fiscal year 1962 -1963. PASSED AND ADOPTED this 27th day of August, 1962. 312