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CC RESOLUTION 321I K7 4 RES Q,UTION NO. 521 . A RESOLUTION OF THE CITY COUNCIL OF THE CITY CF' EZ SEGUNDO, CALIFORNIA, FIXING THE RATES OF TAXES LEVIED IN AND FOB SAID CITY, SUFP=IENT TO RAISE THE AMOUNT OF MONEY FIXED BY THE SAID CITY COUNCIL IN ORDINANCE NO. 196 THEREOF, PASSED AND ADOPTED ON THE 26TH DAY OF AUGUST, A. D., 1936s AND THE EXPENSE OF COLLECTION OF SAID AMOUNT, THE SAID RATES HEREIN FIXED BEING THE RATES OF TAXES IN AND FOR SAID CITY FOR THE CURRENT YEAR 1935 -1936. WIMEAS, the City Council of the City of E1 Segundo, California, did, at an adjourned regular meeting thereof held on the 26th day of August, 1935, duly pass and adopt an ordi- nate, being Ordinance No. 196 of said City, fix.ng the amount of money necessary to be raised by taxation upon the taxable property therein as a revenue to carry on the various departments (including the E1 Segundo Public Library) and pay the bonded indebtedness of said City for the current year 1935 -1936; and to pay the bonded indebtedness of Act of 1927 Municipal Improvement District No. 1 of said City2)r said current year at the total a-am of $ 1429807.69 ; AND, WHEREAS, said Council estimates that the expense of collecting the above amount so fixed will amount to the sum of $. 544.52 ; AND, WHEREAS, it is now the duty of said City Council to fix the respective rates of taxes necessary to be levied within said City in order to raise the respective amounts of money necessary to be raised by taxation therein for the current fiscal year 1935 -1936; 1. f�li3 NOW, THEREFORE, the City Council of the City of E1 Segnndo, California, does hereby resolve, declare and determine as follows: SECTION 1. That the respective rates of taxes necessary is be levied upon the taxable property or taxable land (as provided by law) within the said City of E1 Segundo, California, and within the respective portions of the said City hereinafter referred to, in order to raise the amounts of money necessary to be raised by taxation upon such taxable property or taxable land (as provided by law) as a revenue to carry on the various departments (including the E1 Segundo Public, Library), and certain districts of such municipal corporation for the current fiscal year 1935 -1936; to pay the bonded indebtedness of said City and the bonded indebted- ness of Act of 1927 Municipal Improvement District No. 1 of said City referred to herein and in said Ordinance No. 196 for said current fiscal year; and the expense of collection of said amounts, shall be and the same are hereby fizoed, established and ]&vied as follows: (1) In all that certain portion of said CiV of El Segundo, California, designated in Ordinance No. 152 of said City as "Tax District No. 1 ", such rates on each $100 of the assessed valuation of taxable property of the said portion of said City of El Segundo, shall be and the sane are hereby fixed and established as follows: For carrying on the various departments of said City (including the E1 Segundo Public Library), at ............................... Ninety -two Cents (.92) For paying the bonded indebtedness of said City, at ........................ Thirty -One Cents (.31) Making the total rate hereby levied for said Tax District No. 1 (not including the Act of 1927 Municipal Impro vema nt District No. 1 of said City levy) 2- One Hundred T'kenty -Three Cents ($1.85) I` Sf(i (2) That in all that certain portion of said City of El Segundo, California, designated in Ordinanoe No. 152 of said City as "Tax District No.2 "9 such rates on each $100 of the assessed valuation of taxable pro- perty of the said portion of said City of El Segundo, shall be and the same are hereby fixed s.d established as follows For carrying on the various departments of said City, (including the El Segundo Public Library), at ........................ Ninety -Two Cents (.92) For paying the bonded indebtedness of said City, at .................... Fourteen Cents (.14) Making time total rate hereby levied for said Tax District No. 2 (not including t&e Act of 1927 Municipal Improvement Die - triot No. 1 of said City 3a Vy) ....... One Hundred Six Cente($1.08) (3) That in all that certain portion of the City of El Segundo, California, named, designated and A known as Act of 1927 Municipal Improvement District No. 1 of said City, the rate on each $100 of the Assessed valua- tion of taxable land of said district (in addition to the rates hersinabove fi3ad amd established) for paying the bonded indebtedness of said Act of 1927 Municipal Improve- ment District No. 1 of said City, small be, and the one is hereby fixed and established at ......... One Hundred Fifty -Two Cents ($1.52) SEOTION 29 That "Act of 1927 Municipal Improvement District No. 1 of the City of El Segundo, California ", bers- inabove referred to is that certain municipal imp=ement district within said City contemplated by and described in Ordinance No. 178 of said City adopted on the 12th day; of August, 1931, aim& proceedings had in connection therewith, 3- whi oh said o rdiname is no w on f it a in the o ffi as o f the City Clerk of City and is hereby referred to and by this reference incorporated herein and made a part hereof for all further particulars with reference to the said district and the extent thereof and the land included therein. SECTION S. That the City Clerk shall certif y to the passage and adoption of this resolution; shall cause the same to be entered in the book of resolutions of the said City, emd shall make a minute of the passage and adoption thereof in the records of the City Council of said City in the minutes of the meeting at which the some is passed and adopted. Said City 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 26th day of August, A. D., 1935. ATTEST: Ci%r Clerk (SEAL) o �O Mayor of the City of E1 Segundo, California. I ?Q- �i6 STATE OF CALIFOENIA, COUNTY OF LOS ANGELES, ) SS. CITY OF EL SEGUNDO. ) I. Victor D. McCarthy, City Clerk of the City of El Segmclo, California, do hereby osrti:�7 that the whole number of members of the City Council of the said City is five; that the foregoing resolution, being Resolution N©. 321 , was passed and adopted by the said City Council, approved and signed by thm Mayor of said City, and attested by the City Clerk of said City, all at an adjourned regular meeting of the said Council held on the 26th day of August, A. D., 1935, and that the some was so gassed and adopted by the following vote: AYES: Councilmen Gerow, Hesser and Uyor Binder NOES: Councilmen None ; ABSFNT: Councilmen Love and Selby WITNESS my hand and the official seal of eald City this 26th day of August, A. D., 193. (SEAL) .v City Clerk of de City of El Segundo, Cal if orni s. 5- STATE OF CALIFORNIA, } COUNTY OF LOS ANGELES, )) SS. CITY OF EL SEGUNDO. ) I. Victor D. MoCarthy, duly eleoted, qualified and aoting City Cle& of the City of El Segundo, California, do hereby certify that the foregoing is a full, true and oorrect oopy of Resolution No. 82] of the City Counoil of the City of El Segundo, California, passed and adopted on the 26th day of August, A. D., 19359 and signed by the Mayor of the said City and attested by the City Clerk on that date. FITNESS my hand and the official seal of said City at El Segundo, California, this gfitli day of August, A. D., 1935. (SEAL) City Clerk of the City of El Segundo, California. 6. Y