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HomeMy Public PortalAboutResolution 64-397RESOLUTION NO, 64 -397 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMPLE CITY INDICAT- ING NO CITY TAX RATE FOR THE FISCAL YEAR 1964 -1965 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 legislative 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 1964 -1965. PASSED AND ADOPTED this 24th day of August, 1964. ATTEST: '-Mayor 7lal 54: