HomeMy Public PortalAboutOrd. 0630
ORDINANCE N0, 630
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, 1955 AND END-
ING JUNE 30, 1956. .
The City Council of the City of Lynwood, California, does
ordain as follows, to-wit:
Section 1: 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 Febru-
ary 1, 1955 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 California, 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, 1955 and ending June 30, 1956, is hereby fixed
at the sum of Two Hundred Thirty-three Thousand Eight Hundred Eighty-
one and 87/100ths Dollars ($233,881,87).
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 of said City in Tax District No, 1 of said City to provide for
the payment to the State Employees Retirement System according to
the terms of contract with the State of California for making the
officials and employees of the City of Lynwood members of the State
Employeest 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, 1946,
For the fiscal year beginning July 1, 1955 and ending June 30, 1956,
it is hereby fixed at the sum of Twenty-seven Thousand, Eight Hundred
Forty-three and 08/100ths Dollars ($27,843.08),
Section 4: 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 of said City.and in Tax District No. 1 of said City to provide
for a fund for maintenance and improvement of public parks for the
fiscal year beginning July 1, 1955 and ending June 30, 1956, is hereby
fixed at the sum of Five Thousand Five Hundred Sixty-eight and 62/100ths
Dollars ($5,568.62).
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
provide a park maintenance and improvement fund; to provide payment
to State Employeest Retirement Fund as authorized ih 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, 1955 and end-
ing June 30, 1956 upon each $100,00 of the assessed value of said pro-
perty as 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 $0,84
For Public Park Mainten-
ance and Improvement 0.02
For Cityts contribution
to State-.Retirement Fund
authorized at election
held April 196_ 0.10
' $0.96
Section 6: Pursuant to the provisions of Ordinance No. 608,
adopted by the City Council of said City on the 16th day 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" of the treasury of said City, a sum
sufficient to pay the interest on said bonds as it falls due and such
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part of the principal as will become due for the fiscal year beginning
July 1, 1955 and ending June 30, 1956.
Section 7: This ordinance shall take effect immediately
in accordance 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 circulated in said City of Lynwood.
First read at a regular meeting of the City Council of said
City held on the 16th day of August, 1955, and finally adopted and
ordered published at an adjourned regular meeting of said Council
held on the 23rd day of August, 1955, by the following vote:
AYES: Councilmen: Bruner, McMeekin, Pearson,
and Willard.
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NOES: Councilmen: None.
ABSENT: Councilmen: Pender.
A S i
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STATE OF CALSFORNIA )
COUNTY OF LOS ANGELESa aeE
CITY OF LYNWOOD )
I, the undere.'Lgneda City Cleak Gf the City of Lynwood.p
and ex--officia clerk of the Council of said CityF d® hex~elay
certify that the above ie a true and. correct copy oi' Ordinance
No, 630 adopted b,V the City Council of the,Cit,y of Lynwood
and that same w~.e passed an the date and by the vat's therein
stated,
Dated this 24th day of Au~ust~e 19~.5a
CITY CLERK OF~THE ~ ITY OF LYNVd00D