CC RESOLUTION 104RESOLUTION N0.104
A RESOLUTION OF TEE BOAPD OF TRUSTEES
OF THE CITY On EL 33GUNDO, CALIFORNIA,
FIXING THE HATES OF TAXES LEVIED IN _,ND
FCR SAID CITY, SWICIENT TO RiI43 THT AMOUNT
0" I,2ONEY FIXED BY TH: SAID BOARD IN ORDINANCE
NO. 119 THEREOTO PASSED AND ADOPTED ON ' HE
18TH DAY OF AUGUST, 1925, AND TH_. EXPENSE
00 COLWC "ION OF SA V .,,MOUNT, THE SAID R?TES
HEPEIN 'FIXED BEING TH2 RyTES OF TAXES IN AND
FOR SAID CITY JOR THE OURRENT YEAR 1925 -1926.
MERE, the Board of Trustees of the City of
E1 Segundo, California, at an adjourned meeting thereof
held on the 18th day of august, 1925, duly passed and
adopted an ordinance, being Ordinance No. 119, fixing the
amount of money necessary to be raised by taxation to carry
on the various departments of the said Jity, and to pay the
bonded indebtedness thereof for the current year, at the
sum of 5114,304.09; and
TNEREhs, the said 3oard estimates that the ex-
pense of collecting the above amount so fixed will amount
to the scan of ' 473.26
NOI, THEREFORE, the Board of Trustees of the City
of El Segundo, California, does resolve, declare and deter-
mine as follows:
SECTION 1. That the respective rates of taxes
necessary to be levied upon the taxable property within the
respective portions of the said City of El Se.,undo, Califor-
nia, hereinafter referred to, in order to raise the amount
of money necessary to be raised by taxation upon the taxable
property within the said City of El Segundo, California, as
a revenue to carry on the various departments of such muni-
cipal corporation for the current year 1925 -1926, and to pay
1-
the bonded and other indebtedness of said City of El
Segundo, California, which said amount was heretofore
determined and fixed in Ordinance No. 119 of said City in
the sum of 6114,304.09; and to pay the expense of the
collection of said amount; be, and the same are hereby
fixed as follows:
(1) For all that certain portion of the City
of E1 Segundo, California included within the corporate
boundaries of said City, as the same existed at the time
of the incorporation thereof and prior to the annexation
of any territory thereto, such rate shall be and the same
is hereby fixed at seventy -eight
Cents on each One Hundred Dollars 03100.00) of assessed
valuation of the said City of E1 Segundo, included within
said "Original City" as said valuation was returned to
this Board by the Auditor of the County of Los Angeles,
State of California, under date of August 17th , 1925;
(2) For all that portion of the said City of
El Segundo outside of said "Original City" and included
within the exterior boundaries of the first district or
territory annexed to the said City of E1 Segundo, under
date of September 10th, 1919, and which for the purposes
of reference hereafter, shall be designated and known as
"First Annexation Territory ", such rate shall be and the
same is hereby fixed at seventy -eight
Cents on each One Hundred Dollars (1100.00)
of assessed valuation of the said "First Annexation Terri-
tory", as said valuation was returned to this Board by the
Auditor of the County of Los Angeles, State of California
(with the valuation of said "Original City ") under date
of August 17th , 1925; and
(3) For all that portion of the said City of El
Segundo outside of said "Original City" and included within
the exterior boundaries of the second district or territory
annexed to the said City of El Segundo, under date of
2-
June 6th , 1925, m d w,nich for the purposes of
refer--rice hereafter, shall be designated and known as
"Second Annexation Territory ", such rate shall be and the
same is hereby fixed at _ forty-seven
Cents on each One hundred Dollars
(' ,'100.00) of assessed valuation of the said "Second Annexa-
tion Territory ", as said valuation was returned to this
Board by the Auditor of the County of Los Angeles, State
of California (with the valuation of said "Original City ")
under date of August 17th 1925;
SZ127ION 2. The City Clerk shall certify to the
passage and adoption of this resolution, and shall cause
the same to be entered in the Book of Resolutions of the
said City, and shall make a record of the passage and adop-
tion thereof in the records of the Board of Trustees of the
said City in the minutes of the meeting at which the same
is passed and adopted; said Clerk shall also immediately
after the passage and adoption of this resolution cause a
copy thereof, duly certified, to be transmitted to the
Auditor of Los Angeles County, California.
This resolution shall take effect immediately.
Passed, approved and adopted this 21st day of
August, 1925.
President of the Board of Trustees
of the City of El Segundo, California.
(SEAL)
.7-
STATE OE CALIrORNIA )
COUNTY OF LOS ANGELES ) SS.
CITY OF EL SEGUNDO )
I, Victor D. McCarthy, City Clerk of the City
of El Segundo, California, do hereby certify that the
whole number of members of the Board of Trustees of the
said City is five; that the foregoing resolution, being
Resolution No. 104 , was passed and adopted by the said
Board of Trustees, approved and signed by the President
of said Board, and attested by the City Clerk of said
City, all at a regular meeting of the said Board held on
the 21st day of August, 1925, and that the same was so
passed and adopted by the following vote:
AYES: TRUSTEES Anderson, Cannon, Gerow. Love & Binder
NOES: TRUSTEES None
ABSENT:TRUSTEES None
""Aty Clerk of the City p�E1 Segundo,
Cali lbrnia.
(SEAL)