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HomeMy Public PortalAboutOrd. 0652ORDINANCE N0. 652 .. AN ORDINANCE OF"THE INCORPORATED CITY OF LYNWOOD ESTABLISHING TAX DISTRICT NUMBER 1 OF SAID CITY, FIXING THE. RATES OF TAXES.,.AND LEVYING TAXES FOR THE FISCAL YEAR. BEGINNING JULY 1, 1956 AND END- ING JUNE 30, 1957• The .City Council of the City of Lynwood, Ca ifornia, does ordain a follows, to wit: Sectidn l: .Tax District No. 1. That for the purposes of tax8tion, all of that territory and. 1and.s lying a.nd. being in the corporate limits of the City of Lynwood, Caaifornia prior to Febru- a.ry 1, 1956 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 upoh the taxable property within the corporaae limits of the City of Lynwood; County of Los Angele"s, Staae.of California, in Tax District No. 1 of said- city, to proyid:e for carrying on the various functions of municipaa government in said. city for the fiscal year beginning July 1, 1956 and. ending June 30, 1957, is hereby fixed. as the sum of Two Hundred. Sixty-one Thousand One Hundred. Seventeen ahd No/100ths Dollars ($261,117.00). Section. 3: That in .add.ition to the amount of money neces- sary to .be raised: as aforesa d, the raised. by taxation upon the taxable limits of said. city in Tax District the payment to the State EmployeesP the terms of contract with the Stat officials and. employees of the City amount of money necessary to be property within the corporaae No. 1 of said city to provide for Retirement System according to of California for making the of Lynwood members of the State Employees Retirement System, authority for the execution of said. contract as granted. by Ordinance No. 426, adopted. by a vote ,of the qualified electors of the City of Lynwood the 16th day of April, 1956. For the fisca year beginning July 1, 1956 and end.ing June 30, 1957, it is hereby fixed. at the sum of Thirty-four Thousand Nirie.Hund.red- Eighty-seven and 14/100ths Dollars ($34,987.14). c 'V Section 4: That in a.d.dition 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 of said city and in Tax District No. 1 of said city to provide for a fund. for ma ntenance and. improvement of public parks for the fiscal year beginning July 1, 1956 and. ending June 30, 1957 on unsecured. real and personal property valuations at last yearYS rates is hereby fixed at the sum of Six Hundred Seventy-two and 44/100ths Dollars 672.44). Section 5: That for the purpose of raising the-sums of 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 'provid.e payment to State EmployeesaP! Retirement Fund. a 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, 1956 and ending June 30, 1957 upon each $100.00 of the assessed. value of said. property as assessed by the County Assessor and: equalized. by the.Soard. of Supervisors of the County of Los Angeles, State~of California:, for the .said fiscal year,as follows: For General Purposes .$0.81 For.Cityg's contribution to State Retirement Fund' authorized at election held. April 1956. 0.11 $0.92 Section 6: Pursuant to the provisions of Ord.inance.No. 608, adopted by the pity Gouneil of said city on the 16th dray of February, 1954, the City Council does further ordain that the City Treasurer has filed: with it a report that there is in the."Swimming Pool Bonds, 1954, Interest and Redemption Fund" o£ the treasury of said city, a sum sufficient to pay the interest on said bonds as it falls due' and. such part of the principal a will become due for the fiscal year beginning -2 - July. 1, 1956 and. ending June 30, 1957• Section 7: This ordinance shall take effect immed.ia.tely in .aocardarice with the terms of Section 36937 of the Government Code of the State ,of California. Section. 8: .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 circula ed. in said City of Lynwood., First read. at a regular meeting of the .City Council of said- city held on the 21st dray of .August, 1856, and fina ly ad.opte'd and ordered published at an adjourned. regular meeting of said. Council held on the 28th d.ay of August, 1956 by the following vote: Ayes: .Councilmen Compton, Finch, Pend.er, Summers. Noes: Councilmen None. Absent: ,Councilmen McMeekin. -, --- __,,. _ ~ ~ I qr AT S _ ~ "~ i I - / ITY LE ,. IT `N OOD <~ ~ MAYOR ;OF THE CITY OF L,YN~JOOD . " STATE OF CALIFORNIA ) COUNTY OF LOS ANOELESo ss: CITY OF LYNWOOD ) I, the undersigned, City Clerk of the City of Lynwood, and ex-officio clerk of the Council of said City, d.o hereby certify that the above is a. true and correct copy of Ordinance No. 652 adopted by the City Council of the City of Lynwood and. that same was passed on the date a.nd by the vote therein stated. Dated this 29th d_~y~of ~~ August - , 19~( . ITY GLERK OF TH' CITY,OF LYNWOOD~