CC RESOLUTION 464I
RESOLUTION NO. 464
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF EL SEGUNDO.. CALIFORNIA, FIXING THE
RATES OF TAXES LEVIED IN AND FOR SAID CITY,
SUFFICIENT TO RAISE THE AMOUNT OF MONEY
FIXED BY THE SAID CITY COUNCIL IN ORDINANCE
N0, 216 THEREOF, PASSED AND ADOPTED ON THE
_ 24th DAY OF AUGUST, A. D., 1938, 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
FISCAL YEAR 1938 -1939.
WHEREAS, the City Council of the City of E1
Segundo, California, did, at a regular meeting thereof held
on the 24th day of August, 1938, duly pass and adopt an
ordinance, being Ordinance No. 216 of said City, fixing
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
fiscal year 1938 -1939; and to pay the bonded indebtedness
of Act of 1927 Municipal Improvement District No. 1 of said
City for said current fiscal year at the total sum of
$1330376.32;
AND, WHEREAS, said Council estimates that the
expense of collecting the above amount so fixed will amount
to the sum of $620.94;
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 1938 -1939;
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NOW, THEREFORE, the City Council of the City of
E1 Segundo, California, does hereby resolve, declare and
determine as follows:
SECTION 1. That the respective rates of taxes
necessary to 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 1938 -1939; to pay the
bonded indebtedness of said City and the bonded indebtedness
of Act of 1927 Municipal Improvement District No. 1 of said
City referred to herein and in said Ordinance No. 216 for
said current fiscal year; and the expense of collection of
said amounts, shall be and the same are hereby fixed, es-
tablished and levied as follows:
(1) In all that certaih portion of said City of
E1 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 E1 Segundo, shall be and the same
are hereby fixed and established as follows:
For carrying on the various departments of
said City (including the E1 Segundo Public Library),
at Sixty Seven Cents ... $0.67
For paying the bonded indebtedness of said
City, at ................. Seventeen Cents... $0.17
Making the total rate hereby levied for
said Tax District No. 1 (not including the Act
of 1927 Municipal Improvement District No. 1
of said City levy) ....... Eighty Four Cents ... $0.84
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(2) That in all that certain portion of said
City of E1 Segundo, California, designated in Ordinance
No. 152 of said City as "Tax District No. 2% such rates on
each $100 of the assessed valuation of taxable property of
the said portion of said City of E1 Segundo, shall be and
the same are hereby fixed and established as follows:
For carrying on the various departments of
said City, (including the E1 Segundo Public
Library), at Sixty Seven Cents ... $0.67
For paying the bonded indebtedness of
said City, at ............... Seven Cents $0.07
Making the total rate hereby levied for
said Tax District No. 2 (not including the Act
of 1927 Municipal Improvement District No. 1
of said City levy) .........Seventy Four Cents ... $0.74
(3) That in all that certain portion of the City
of E1 Segundo, California, named, designated and known as
Act of 1927 Municipal Improvement District No. 1 of said
City the rate on each $100 of the assessed valuation of
taxable land of said district (in addition to the rates
hereinabove fixed and established) for paying the bonded
indebtedness of said Act of 1927 Municipal Improvement
District No. 1 of said City shall be, and the same is hereby
fixed and established at Seventy Cents ... $0.70
SECTION 2. That "Act of 1927 Municipal Improvement
District No. 1 of the City of El Segundo, California ", here -
inabove referred to is that certain municipal improvement
district within said City contemplated by and described in
Ordinance No. 178 of said City adopted on the 12th day of
August, 1931, and proceedings had in connection therewith,
which said ordinance is now on file in the office of the City
Clerk of said City and is hereby referred to and by this
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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 3. That the City Clerk shall certify to
the passage and adoption of this resolution; shall cause
the same to be entered in the book of resolutions of the
said City, and shall make a minute of the passage and adop-
tion thereof in the records of the proceedings of the City
Council of said City in the minutes of the meeting at which
the same 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 24th day of
August, A. D., 1938.
Mayor of the City of El Scfo -,
California.
ATTEST:
. / h
C ty C erk
(SEAL) /
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STATE OF CALIFORNIA, )
}
COUNTY OF 103 ANGELES, ) SS.
CITY OF EL SEGUNDO. )
I. Victor D. McCarthy, City Clerk of the
City of E1 Segundo, California, do hereby certify that the
whole number of members of the City Council of the said
City is five; that the foregoing resolution, being
Resolution No. 464 , was passed and adopted by the said
City Council, approved and signed by the Mayor of said
City, and attested by the City Clerk of said City, all
at a regular meeting of the said Council held on the 2/1th
day of August, A. D., 1938, and that the same was so passed
and adopted by the following vote:
AYES : Councilmen Gerow, Hesser, Love and 2,1syor Binder,
a
NOES: Councilmen n *one ;
ABSENT: Councilmen -eibs
WITNESS my hand and the official seal of said City,
this 24th day of August, A. D., 1938.
(SEAL)
city clerk or e city
E1 Segundo, California,
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STATE OF CALIFORNIA, )
COUNTY OF LOS ANGELES, ) SS.
CITY OF EL SEGUNDO. )
I, Victor D. McCarthy, duly elected, qualified
and acting City Clerk of the City of E1 Segundo, Cali-
fornia, do hereby certify that the foregoing is a full,
true and correct copy of Resolution No. 464 of the City
Council of the City of El Segundo, California, passed and
adopted on the 24th day of August, A. D., 1938, and signed
by the Mayor of the said City and attested by the City
Clerk of said City on that date.
WITNESS m4 hand and the official seal of said
City at E1 Segundo, California. this 25thday of August,
A. D., 1938.
(SEAL)