CC RESOLUTION 25831 1 698
RESOLUTION NO. 2583
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF EL SEGUNDO, CALIFORNIA, FIXING
THE AMOUNT OF MONEY NECESSARY TO BE
RAISED BY TAXATION UPON THE TAXABLE PROP-
ERTY THEREIN AS A REVENUE TO CARRY ON THE
VARIOUS DEPARTMENTS OF SAID CITY; PAY ITS
BONDED INDEBTEDNESS; MEET ITS OBLIGATIONS
UNDER THE CALIFORNIA PUBLIC EMPLOYEES'
RETIREMENT LAW; MAINTAIN THE FREE PUBLIC
LIBRARY OF SAID CITY; AND ACQUIRE, MAINTAIN
AND IMPROVE THE PUBLIC PARKS AND RECREA-
TIONAL FACILITIES OF SAID CITY FOR THE CUR-
RENT FISCAL YEAR 1974 -75.
THE CITY COUNCIL OF THE CITY OF EL SEGUNDO,
CALIFORNIA, DOES HEREBY RESOLVE, DETERMINE AND ORDER
AS FOLLOWS:
SECTION 1. That the amount of money necessary to be
raised by taxation upon the taxable property in the City of El Segundo,
California, as a revenue to carry on the various departments of said
City; pay its bonded indebtedness; meet its obligations under the Cali-
fornia Public Employees' Retirement Law; maintain the free public library;
and acquire, maintain and improve the free public parks and recreational
facilities of said City for the current fiscal year 1974 -75 is hereby, for the
respective items or purposes above and hereinafter set forth or referred to,
determined and fixed as follows, to wit:
1. For carrying on the various departments
of said City, the sum of - - - - - - - - -
$1,285,345.00
2. For paying the bonded indebtedness of
said City, the sum of - - - - - - - - - -
63, 980. 00
3. For meeting and paying the obligations
of said City to the Public Employees'
Retirement System under the provisions
of the California Public Employees' Re-
tirement Law, the sum of - - - - - - - -
615, 440. 00
4. For the maintenance of the free public
library of said City of El Segundo, as
authorized under the provisions of Sec-
tion 27401 of the Education Code of the
State of California, the sum of - - - - - -
38, 635. 00
5. For the acquisition, maintenance and im-
provement of the public parks and recrea-
tional facilities of said City, the sum of- -
504, 090. 00
I 1 699
SECTION 2. That the City Clerk shall certify to the passage
and adoption of this resolution; shall enter the same in the bool; of
original resolutions of said City; and shall make a minute of' 1 he prtss -
age and adoption thereof in the records of the proceedings of tlic City
Council of said City in the minutes of the meeting at which the satire is
passed and adopted; and shall cause the same to be published once in
the E1 Segundo Herald, a weekly newspaper of general circulation, pill) -
lished and circulated within said City; said City Clerk shall also immedi-
ately after the passage and adoption of this resolution, cause a copy
thereof duly certified to be submitted to the Auditor of Los Angeles
County, California.
PASSED, APPROVED and ADOPTED this 27th day of August,
1974.
ATTEST:
City Clerk
(SEAL)
o4g
Mayor of the City of egun o, California
-2-
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )
CITY OF EL SEGUNDO )
SS
I, Valerie A. Burrowes 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. 2583
was duly 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 a regular meeting of the said Council
held on the 27th day of August , 1974
and that the same was so passed and adopted by the following vote:
AYES: Councilmen Nagel, Rockhold, Stephens,
Van Vranken and Mayor Balmer;
NOES: Councilmen None
ABSENT: Councilmen None
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID
CITY this 4th day of September
(SEAL)
, 197 4
City Clerk
of the City of E1 Segundo, California