2 (2)Or
3
of money necessary to be raised by taxation therein for the
current fiscal year 1948 -1949.
NOW, THEREFORE, the City Council of the City of
El 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 1948 -1949; 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. 337 for said current fiscal
year; and the expense of collection of said amounts shall be
and the same are hereby fixed, established and ]e vied 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. 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 ........ W.4,&Dre4.enie ........... $1.00
2-