CC RESOLUTION 510RESOLUTION NO. 510
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF EL SEGUNDO, CALIFORNIA, FIXING THIS RATES OF
TAXES LEVIED IN AND FOR SAID CITY, SUFFICIENT
TO RAISE THE AMOUNT OF MONEY FIXED BY THE SAID
CITY COUNCIL IN ORDINANCE NO. 233 THEREOF,
PASSED AND ADOPTED ON THE 21ST DAY OF AUGUST,
A. D., 1940, 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 CURRENP FISCAL YEAR 1940 -1941.
WHEREAS, the City Council of the City of E1
Segundo, California, did, at a regular meeting thereof
held on the 21st day of August, 1940, duly pass and adopt
an ordinance, being Ordinance No. 233, of said City, fix-
ing 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 1940 -1941; 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 :146,867.96;
AND, AREAS, said Council estimates that the
expense of collecting the above amount so fixed will amount
to the sum of $554.67;
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 1940 -1941;
1-
33a
NO " ". TH:IREFORE, 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 El 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 tax-
able property or taxable land (as provided by law) as a
revenue to carry on the various departments (including the
..;l Segundo Public Library), and certain districts of such
municipal corporation for the current fiscal year 1940 -1941;
to pay the bonded indebtedness of said City and the bonded
indebtedness of Let of 1927 Municipal Improvement District
No. 1 of said City referred to herein and in said Ordinance
No. 233 for said current fiscal year; and the expense of
collection of said amounts, shall be and the same are here-
by fixed, established and levied as follows:
(1) In all that certain portion of said City of
El Segundo, California, designated to Ordinance No. 152 of
said City as '*Tax District No. I ", such rate;; on each 4100
of the assessed valuation of taxable property of the said
portion of said City of Ll 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 ..... eighty -one cents 4 81
For paying the bonded indebtedness of
said City, at ... twenty -one cents 4-21
Making the total rate hereby levied for
said Tax District No. 1. one dollar two cents v 1.02
2-
e J.R/
(2) That in all that certain portion of said
City of Ll Segundo, California, designated in Ordinance
No. 152 of said City as "Tax District vo. 2 ", such rates
on each 41OU of the assessed valuation of taxable property
of the said portion of said City of Ll Segundo, shall be
and the same are hereby fixed and established as follows:
For carrying on the various departments of
said City, (including the Ll Segundo Public
Library), at ..... eighty -one cents .81
For paying the bonded indebtedness of
said City, at .... nine cents ri .09
Making the total rate hereby levied for
said Tax District N0. 2 .. ninety cents y .90
(3) That in all that certain portion of the
City of 10 Segundo, California, named, designated and known
as jet 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 Eunicipal improvement
District No. 1 of said City shall be, and the same is
hereby fixed and established at .. fifty -two cents y� .52
SECTION 2. That ",ict of 1927 Municipal improvement
District No. 1 of the City of kl 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 reference incorporated herein and made a part hereof
3-
33'. t
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 adoption thereof in the records of the proceedings of
the City Council of said City in the minutes of the meet-
ing 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 ana adopted this 21st day of
rugust, n. D., 1940.
24TT . T:
Cit
(SEAL)
4-
Meyo-City of Sl Segundo,
California.
STATE OF CALIMENTA )
)
COUNTY OF LOS ANGELES ) SS.
CITY OF EL SEGUNDO 3
I, Victor D. McCarthy, City Clerk of the City
of El 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. 510, 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
21st day of August, A. D., 1940, and that the same was
so passed and adopted by the following vote:
AYES: Councilmen Gerow, Hesser, Love, mayor Binder
i
NOES: Councilmen None ;
ABSENT: Councilmen Selby
WITNESS my hand and the official seal of said
City this 21st day of August, A. D., 1940.
(SEAT.)
5-
v
C'�erk of t e ¢ f ;
E1 Segundo, California.
IIe � f