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4 (2)545 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 hsreinabove 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 ......•• Thirty One Cents ... $ 031 SECTION 2. That "Act of 1927 Municipal Improvement District No. 1 of the City of E1 Segundo, California," here - inabove referred to is that certain municipSl 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 d flee of the City Clerk of said 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 3. That the City Clerk shall certify to the passage and adoption of this resolution; shall cause the some 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 some is passed and adopted. Said City Clerk shall also im a diately 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 25th day of August, A.D. 1948. Mayor of e y o o, California (Seal) r 1 4-