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CC RESOLUTION 1021I- A RESOLUTION NO. 1021. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, FIXING THE RAT -WS OF TAYu,:S L;TVIED IN AND FOR SAID CITY, SUFFICIENT TO R.iISE THE A1,:OUNT OF LiONEY FI)MD BY THE SAID CITY COUNCIL IN ORDINANCE NO. 359 THEREOF, PASSED AND ADOPTED ON THE 24TH DAY OF AUGUST, 1949, AND THE EXPENSE OF COLLECTION OF SAID AMOUNT, THE SAID RATES HEREIN FIY,ED BEING THE RATES OF TAMtS IN AND FOR SAID CITY FOR THE CURRENT FISCAL YEAR 1949 -1950. 1,'1HEREAS, the City Council of the City of E1 Segundo, California, did, at a regular meeting thereof held on the 24th day of August, 1949, duly pass and adopt an ordi- nance, being Ordinance No. 359 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 of said City; pay its bonded indebtedness; meet its obligations under the California State Employees' Retirement Act; and maintain the free public library of said City; and fixing the amount of money necessary to be raised by taxation upon the taxable land of "Act of 1927 Yunicipal Improvement District No. 1" of said City; for the current fiscal year 1949 -1950, at the total sum of $ 481.720.46 ; AND, e1HEREAS, said Council estimates that the expense of collecting the above amount so fixed will amount to the sum of $ 1391.$0 ; 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- ,_ iC money necessary to be raised by taxation therein for the current fiscal year 1949 -1950; 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 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 for the current fiscal year 1949- 1950, as a revenue to carry on the various departments of said City; pay its bonded indebtedness; meet its obligations under the California State Employees' Retirement Act; and maintain the free public library of said City, for said fiscal year; and in order to raise the amount of money necessary to be raised by taxation upon the taxable land within "Act of 1927 N?unicipal Improvement District No. 1t1 of said City, for said fiscal year; and the expense of collection of said amounts shall be and the same are hereby fixed, established and levied as follows: (1) In all that certain portion of said City of El Segundo, California, designated in Ordinance No. 152 of said City as "Tax District No. 1," such rates on each >100.00 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, at . . . One Hundred Cents $1.00 For paying the bonded indebtedness of said City, at . . . . Twenty -two Cents w .22 -2- For meeting and paying the obligations of said City to the State Employees' Retire- ment System under the provisions of the California State Employees' Retirement Act, at . . . . . . . . . . Twelve Cents .12 For maintaining the free public library of said City, at . . . . Six Cents .06 Making the total rate hereby levied for said Tax District No. 1, - One Hundred Forty Cents 1.40 (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 X100.00 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, at . . . One Hundred Cents 1.00 For paying the bonded indebtedness of said City, at . . . . Twenty Cents vY .20 For meeting and paying the obligations of said City to the State Employees' Retire- ment System under the provisions of the California State Employees' Retirement Act, at . . . . . . . . . . Twelve Cents .12 For maintaining the free public library of said City,at . Six Cents w .O6 Making the total rate hereby levied for said Tax District No. 2, - One Hundred Thirty -Eight Cent 1.38 (3) That in all that certain portion of the City of E1 Segundo, California, named, designated and known as "Act of -3- I, k 1927 Municipal Improvement District No. 1" of said City the rate on each w100.00 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 . . . . . . . . . . . . . . . . . . . . . Nothing $ Nothing SECTION 2. That "Act of 1927 Municipal Improvement District No. 1 of the City of El Segundo, California," herein - above 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 Dart 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 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 24th day of August, 1949. May o he City of E1 Segundo, California Ma STATE OF CALIFORNIA ) COUNTY OF LOS 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. 1021 , was passed and adopted by the said City Council, pro tem approved and signed by the Mayol of said city, and attested by the City Clerk of said city, all at a regular meeting of the said Council held on the 24th day of August, 1949, and that the same was so passed and adopted by the following vote: AYES: Councilmen Baker, Swanson, Thompson and Mayor pro tem Peterson; NOES: Councilmen None ABSENT: Councilmen Selby. WITNESS my hand and the official seal of said city this 24th day of August, 19! (SEAL) "A -5- .. ;C STATE OF CALIFORNIA ) ) COUNTY OF LOS ANGELES ) SS. CITY OF EL SEGUNDO j I, Victor D. McCarthy, duly elected, qualified and acting City Clerk of the City of El Segundo, California, do hereby certify that the foregoing is a full, true and correct copy of Resolution No. 1021 of the City Council of the City of E1 Segundo, California, passed and adopted on the 24th day of August, 1949, and signed by the pro tem Mayor/of the said city and attested by the City Clerk of said city on that date. WITNESS my hand and the official seal of said city at E1 Segundo, California, this 25th day of August , 1949. (SEAL) E1 Segundo,