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HomeMy Public PortalAbout74-082 (08-22-74)_. __ ~_ . _ _ _ ~ _- RESOI~UTION NO. 74-•82 A RESOLUTION OF THE INCORPORATED CITY OF LYNWOOD FIXING THE RATES OF TAXES, AND LEVYING TAXES FOR THE FISCAL YEAR BEGINNING JULY 1, 1974, AND ENDING JUNE 30, 1975 THE CITY COUNCIL OF THE CITY OF LYNWOOD, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: Section 1. That for the purpose of taxation, all of that territory and lands lying and being in the corporate limits of the City of Lynwood, Califc~x°ciia, prior to February 1, 1970, shall constltute the taxing area subject to the pro- visions of this R:esolution. 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 Lynwaod, County of Los Angeles, State of California, to provide for carrying on the various functions of municipal government in said City for the Fiscal Year beginning July 1, 1974, and ending June 30, 1975, is hereby fixed at the sum of Six Hundred Eighty-nine Thousand, Five Hundred Ninety-Four ~7allars an~l Seventy-one Cents. ($689, 594. 71). Section 3. That in addition to the amount of money necessary 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 to provide for the payment to the State Employees' R.etirement System, authority for the exe- cution 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, 1974 and ending June 30, 1975, is hereby fixed at the sum of Two Hundred Fifty-Three Thousand, One Hundred Fortg~-Two Dollars and Thirty-Six Cents ($253, 142.36). Section 4. That for the purpose of raising the sum 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 functions of the various departmeriis of said City, to provide p.~ymen'c to State Employees' R.etirement F'und as authorized Y R,ESOLLITTON iti0> 74-82 F'ag~:: ? ik~~ Jr~iina.~c? Noo 426, th~ ~°ates of taxes ~.r~ hereb~ ~fin:cc~ ~r~d ta~e~~ ,~~^e h~r~e.~y levied an a11 taxable property within the city limite of said Ci#y tor i~he Fiscal Year beginning July 1, 1974, and ending June 90, 1975a upon each $100> 00 of the aeseseed value of said property as aaseesed by the County Assessor and equal- ized by the Bo~rd of Supervisors of the County of Los Angele$, State of Califn.rnia, for said fiscal year as followa: For General Purpo~es $e 79 For City's contribution to State R,etirement Fund authorized at election held April, 1946 $. 27 Fo~° City's contribution to S~ate Retirement Fund authorized by Council Resolution No, 74-80 ($. O 1 tax increase for 10 yeare) $e O1 For City's contribution to State R.etirement Fund authorized by Council R.esolution No, 74-81 ($> O 1 tax increase for 1 year) $. O1 Total $1, 08 Section 5o The City Clerk ia hereby directed to forward immediately to the County Auditor-Controller of Loa Angelee County a certified copy of this r~solutron, Sectior~ 6, 'I'hat t~e City Clerk ot said City ahall certify to the adoption of this resolution and cau~e the same to be published once in the Lynwood Preas, a weekly newspaper of general circulatior~, published and circulated in said City of Lynwood. PASSED, APPROVED, AND ADOPTED THIS 22 Day of August, 1974, ATTESTe " i OSE HINE L. S sPHERD ~ City Clerk City of Lynwood FiENRY . L E Mayor City of ynwood . . . STATE OF CALIFORNIA ) . ss. COUNTY OF LOS ANGELES ) . I, the undersigned, City Clerk of th~ City of Lynwood, do hereby certify that the above and foregoing resolution was duly adopted by the City Council of said city at az adjourned regular meeting thereof he].d in the City Hall of said City on the ZZnd day of August , 19 74 , and passed by the following vote: AYES: COUNCILMEN Byork, Green, Liewer, Morris, Rowe NOES: COUNCILMEN None ABSENT: COU:VCILMEN None X/'a ~ . ~ ~c,~ ~~ TY C ERK, CITY OF LY OOD '