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HomeMy Public PortalAbout72-089 (08-28-72),RESOLUTION NO.. 72-89 ~ ' ' A RESOLUTION OF:`THE INCORPORATED CITY`OF LYNWOOD ESTABLISHING TA'X~ DISTRICT NUMBER ~ 1 OF SAID' CITY, FIXING THE RATES OF TAXES, AND LEVYING TAXES FOR THE FISCAL YEAR BEGINNING-JULY 1, :1972, AND ENDING JUNE 30, 197~3~ . The City:Council of the City of Lynwood, Californiadoes hereby " resolve as.follows: ~. Section 1. Tax District No. 1. That for the purpose of taxation, all of, -that territory and lands lying and. being in the corporate limits of the ~~'ity of Lyhwood, ,. 'California, prior to February 1;. 1970, .be known as and constitute tax District No. '1 .. of` said City:. ", ~ ' . ~ _ ~. Section 2. That the amount of money necessary to be rai~se`d~~y 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_ s,aidCity, to provide ' for carrying on the various functions of municipal gover4nment in 'said City for the •F'scalYear beginning. July 1, 1972, and ending June. 30, 1973,,is hereby fixed at - ' the ,sum of:.Six Hundred. Sixty-seven Thousand Six Hundred"Thirty-eight and Fifty-~ . seven Hundredths Dollars ($667, 638.57.). Section 3: That in addition to the amount of money necessary to be ... razaed~as aforesaid;..the,~amount of~rnoney 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 ~~riakng the " , officials and employees of the •C~ity• 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, 1946, for 'the F'i'scal Year beginnmgJuly. 1, 1972, and ending June 30, 1973, is hereby fixed at the -sum of One Hundred Eighty-five Thousand Nine Hundred Twenty-four and Sixty=seven.Hundredths Dollars ($185; 9.24. 67). , - ~ _ . .. RESOLUTION NO, " Page '2 _ ; . ;' ~ - .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 ,var.ious departments of said city, ~to provide payment 'to State Employees' Ret`irexnent Furid as aut"horned ' in Ordinaace No, 426, he `r'ates 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 ~No~ ~1 for the. fiscal :year beginning July 1, 1972, and ending. June 30; 1973,. .upon. each $10000 of the assessed value of said property as assessed by the County Assessor and-equalized by the Board of Supervisors of the County of Los Angeles,. State; of California, `for said fiscal year as follows: - ' For General Purposes 0, 7.9 ~ . • . For City's 'contribution to State ~ ~ , ~ - . . . Retirement Fund authorized, at Election held April, 1946` 0. 22 , Total" . $.1.01 , _ `. . ,,. ._. . . ~ . ~., ~,Sectiori 5. Pursuant to~,the ~pr.ovisior~s. of Ordinance No. 608, adopted .' ~~ by the City Council, of said City on.tlie. 16th day of February, 195,4, the City Council . does further resolve., that the City Treasurer has filed with it a report that there - is .n".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 part, of the principal as will become due for the fiscal year b'e'ginning July.1; .19'72, -and Ending June 3.0, 1973. ~ ~ . . Sect~ron -6.. The.. City Clerk is hereby directed to forward immediately ' to the County Auditor-Controller of LosAngeles County a~ certifi.ed -copy of this _ . ~ resolution. .,~ RESOLUTION NO. ~ ~ Page 3 . Section 7. That the City Clerk of said city shall certify to the adoption of this resolution 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. . ~_ . ~ ' PASSED AND ADOPTED THIS 28th day of August, 1972. ~,. ~~. ~ ~ , <.._. -~ ~ Mayor of the ity of Lynwood ATTEST: 'City Jerk, City of Lyn ood ~ . (i STATE OF CALIFORNIA ) ss. COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of . Lynwood, do hereby certify that the above and foregoing resolution was duly adopted by the City Council of said city at a adjourned regular meeting thereof held in the City Hall of ,said city on the 28th day of ' August , 19 .72 and passed by the following vote: AYES: COUNCILMEN Byork, Liewer, Morris, Rowe, Stevens. NOES: COUNCILMEN None. ABSENT: COUNCILMEN None. ~ _ CIT CLERK, CITY OF YNWO~~ r