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HomeMy Public PortalAboutOrd. 0664L~~ ORDINANCE N0. 664 AN ORDINANCE OF THE INCORPORATED CITY OF LYNw00D ESTABLISHING TAX DISTRICT NUMBER 1 OF SAID CITY, FIXING THE RATES OF TAXES, AND LEVYING TAXES FOR THE FISCAL YEAR BEGINNING JULY 1, 1957 AND END- ING JUNE 30, 1958. TYie.City Council of the City of Lynwood, California, does ordain as follows, to wit: Section l: .Tax District No, 1. That for the purposes of taxation, all of that territory and lands lying and being in the corporate limits of the City of Lynwood, California. prior to February 1, 1857 be known as and constitute .Tax District No. 1 of said city. Section 2: That the amount of money necessary to be raised by taxation upon the taxable property within. the corporate limits of the City of Lynwood, County of Los Angeles, State of Ca ifornia, in Tax District No. 1 of said. city, to provide for carrying on the various functions of municipal government in said. city for the fiscal year beginning July 1, 1957 and ending June 30, 1958, is hereby fixed at the sum of Two Hundred Ninety-six Thousand. Seven Hundred Four and Twenty-four One Hundredths Dollars ($296,704.24). Section 3: That in addition to the amount of money neces- sary to be raised. as aforesaid., the amount of money necessary to be raised. by taxation upon the taxable property within the corporate limits, o.f said City in Ta.x District No. 1 of said. City to provide for the payment to the State Employees'T` Retirement System according to the terms of contract with the State of Cal ifornia.for making the officials and. employees of the City of Lynwood members of the State Employees[ Retirement System, authority for the execution of said. contra.et as granted by Ordinance No, 426, adopted. by a: vote of the qualified. electors of the City of Lynwood the 16th day of April, 1946. For the fiscal year beginning July 1, 1957 and. ending June 30, 1958, money necessary to be raised. by taxation upon the taxable property within the city limits of said. City of Lynwood as the revenue to carry on the function of the various departments of said. city; to provide payment to State Employeesr Retirement Fund as authorized in Ordinance No. 426, the rates of taxes are hereby fixed and. taxes are hereby levied on all taxable property within the city limits of said. city, included. in Tax District Number 1 for the fiscal year beginning July 1, 1957 and ending June 30, 1958 upon each $100.00 of the assessed. value of said. property a assessed. by the County Assessor and. equalized by the Board. of Supervisors of the County of Los Angeles, State of California, for the said fiscal year, as follows: For General Purposes $0.76 For ~City`~~s to State R authorized held. April TOTAL Section 5: Pursuant contribution =tirement Fund. at election 1846. $0.12 ..- $0.88 to the provisions of Ordinance No. 608, adopted by, the City Council of said city on the 16th day of February, 1854, the City Council does furbher ordain that the City Treasurer has filed with it a report that there is in the "Swimming Pool Bonds, 1954, Interest and Redemption Fund." of the treasury of said city, a sum sufficient to pay the interest on said. bonds as it Falls d.ue and such part of the principal as will become due for the fiscal year beginning July 1, 1957 and ending June 30, 1958. Section 6: This ordinance shall take effect immed.ia ely. in accordance with the terms of~Section 3b937 of the Government Code of the State of California. Section 7: That the City Clerk of said. city shall certify to the passage of this ordinance and cause the same to be .published once in the Lynwood Press, a weekly newspaper of general circulation, published. and circulated. in said City of Lynwood. held. on the 26th day of August., 1957, by the following vote: Ayes: Councilmen Compton Finch McMeekin, Pender. Noes: Councilmen None. ' Absent: .Councilmen Summers. ~.~.._~ J~ / ~, '~~ Y R F TH C TY r Y O D ~, ~. -A'T ,. ~ ~ ~ ~~ ~~ ~ ~ CL R C LYNW 0 STATE OF CALIFORNIA ) COITATTY OF LOS ANGELES: ss. CITY OF LYNWOOD ) I, the undersigned, City Clerk of the City of Lynwood, .and. ex-officio clerk of the Council of said City, do hereby certify that the above is a true.-and. correct copy of ordinance No. 664 adopted. by the City Council of the City of Lynwood. and. that same was passed. on the date and by the vote therein stated.. Dated. this 27th day of August ~~ , 19 57~ CI Y I C ERK, TY F LYN 00D