CC RESOLUTION 893x � • a `,• RESOLUTION NO. 893. 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 TtsE AMOUNT OF MONEY FIXED BY THE SAID CITY COUNCIL IN ORDINANCE N0, 316 THEREOF, PASSED AND ADOPTED ON THE 20TH DAY OF AUGUST, A. D., 1947, AND THE EXP$NSE OF COLLECTION OF SAID AMOUNT, THE SAID RAPES HEREIN FIXED BEING THE RATES OF TAXES IN AND FOR SAID CITY FOR THE CURRENT FISCAL YEAR 1947 -1948. WHEREAS, the City Council of the City of E1 Segundo, California, did, at a regular meeting thereof held on the 20th day of August, 1947, duly pass and adopt an ordinance, being Ordinance No. 316 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 1947 -1948; to pay the bonded indebtedness of Act of 1927 Municipal Improve- ment District No. 1 of said city for said current fiscal year; and to most and pay the obligations of said city to the State Employees' Retirement System under the provisions of the California State Employees' Retirement Act, at the total sum of $288,448.23; AND, WHEREAS, said Council estimates that the expense of collecting the above amount so fixed will amount to the sum of $908.62; 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 1- n.,�-1 -. money necessary to be raised by taxation therein for the current fiscal year 1947 -1948; NOW, THEREFORE, the City Council of the City of El Segundo, California, does hereby resolve, declare and determine as follows: SEOTION 1. That the respective rates of taxes necessary to be levied upon the taxable property or taxable land (as provided by lap) 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 1947 -1948; to pay the bonded indebtedness of said city and the bonded indebtedness of Act of 1927 Municipal Improvement District No. 1 of said city; and to meet and pay the obligations of said city to the State Employees' Retirement System under the provisions of the California State Employees' Retirement Act, referred to herein and in said Ordinance No. 316 for said current fiscal year; and the expense of collection of said amounte, shall be and the same are hereby fixed, established and levied as follows: (1) In all that certain portion of said City of E1 Segundo, California, designated in Ordinance No. 152 of said City as "Tax District No. 14, 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 . . . . . . . . One Hundred Cents $1.00 'n oxF 3'� For paying the bonded indebtedness of said oity, at . . . . . . . . Ten Cents .10 For meeting and paying the obligations of said city to the State Employees' Retire- meat System under the California State Empli Act, at . . . . . . . Making the total for said Tax District provisions of the )yees' Retirement . . . . . .Ten Cents $ .10 rate hereby levied No. 1, - One Hundred Twenty Cents 1.20 (2) That In all that certain portion of said City of El 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 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 . . . . . . One Hundred Cents V1.00 For paying the bonded indebtedness of said city, at . . . . . . . . . Five Cents $ .05 For meeting and paying the obligations of said city to the State Employees' Retire- went System under the provisions of the California State Employees' Retirement Act, at . . . . . . . . . . . . . . . Ten Cents .10 Making the total rate hereby levied for said Tax District No. 2, - One Hundred Fifteen Cents $1.15 (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 b5 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 One Cents . . . $ .71 SECTION 2. 'chat "Act of 1927 Municipal Improvement District No. 1 of the City of E1 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 re- ference incorporated herein and made a part hereof for all further joartioulars 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 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 20th day of August, A. D., 1947. Mayor o Of ATTEST: pro, California. t a Qi o - -� City Clerk R94 (SEAL) 4. e it STATE OF CALIFORNIA, ) COUNTY OF LOS ANGELES, )) 58. CITY OF EL SEGUIVDO. )) 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. 892 , was passed and adopted by the said City Council, pro tem 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 20th day of August, A. D., 1947, and that the same was so passed and adopted by the following vote: AYES: Councilmen Peterson. Skelley and Mayor pro ten Thonoeon ; NOES: Councilmen None ; ABSENT: Councilmen Baker and Mayor Selby WITNESS my hand and the official seal of said city this 20th day of August, A. D., 1947. ( SEAL) -city Clerk of the' 01,t- E1 Segundo, California.