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CC RESOLUTION 1978RESOLUTION NO. 1978 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 THE AMOUNT OF MONEY FIXED BY THE SAID CITY COUNCIL IN RESOLU- TION NO. 1977 THEREOF, PASSED AND ADOPTED ON THE 17 TH DAY OF AUGUS T. 19 61, 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 FISCAL YEAR 1961 -1962. WHEREAS, the City Council of the City of El Segundo, California, did, at an adjourned regular meeting held on the 17th day of August, 1961, duly pass and adopt Resolution No. 1977, 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; maintain the free public library of said City; and acquire, maintain and improve the public parks and recreational facilities of said City for the current fiscal year 1961 -1962, at the total sum of $1, 173, 070. 00; and WHEREAS, said Council estimates that the expense of collecting the above amount so fixed will amount to the sum of $2, 930. 00; 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, 1961 -1962; 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 within the said City of E1 Segundo, California, and within the respective portions of the said City herein- after referred to, in order to raise the amounts of money necessary to -1- be raised by taxation upon such taxable property for the current fis- cal year 1961 -1962, 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; maintain the free pub- lic library of said City; and acquire, maintain and improve the public parks and recreational facilities 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: Upon all taxable property in said City of El Segundo, California, such rates on each $100.00 of the assessed valuation of taxable property of the said City of El Segundo, shall be and the same are hereby fixed and established as follows: For carrying on the various departments of said City, at - - - - - - - - - - - - $ .555 For paying the bonded indebtedness of said City, at - - - - - - - - - - - - - .08 For meeting and paying the obligations of said City in the State Employees' Retirement System under the provisions of the California State Employees' Retirement Act, at - - - - - - - - - - .08 For maintaining the free public library of said City, at - - - - - - - - - - - 003 For the acquisition, maintenance and improvement of the public parks and recreational facilities of said City, at .10 Making the total rate hereby levied for all taxable property throughout the City .845 SECTION 2. That the City Clerk shall certify to the pass- age and adoption of this resolution; shall enter the same in the book of original resolutions of said City; and shall make a minute of the passage and adoption thereof in the records of the proceedings of the City Coun- cil 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 certi- -2- fied, to be transmitted to the Auditor of Los Angeles County, Cali- forma. SECTION 3. That this resolution shall take effect immedi- ately. Passed, approved and adopted this 17th day of August, 1961. ATTEST: —amity Clerk ( SEAL) Mayor of e City of egun o, California. -3- STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF EL SEGUNDO ) 1, EUNICE U. CREASON , 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. 1978 , 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 an adjourned regular meeting of the said Council held on the 17th day of August , 1961 , and that the same was so passed and adopted by the following vote.- AYES: Councilmen Frederick, Swanson, Tandy and Mayor Baker; NOES: Councilmen None; ABSENT :Counciljman Gordon. WITNESS my hand and the official seal of said City this 17th day of August , 1961 City Clerk o the City of E Segundo, California (SEAL) () .,q , 4L 'P J