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CC RESOLUTION 2645RESOLUTION NO. 2645 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDOr 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 RESOLUTION NO. 2644 THEREOF, PASSED AND ADOPTED ON THE 19 TH DAY OF AUGUST, 1975 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 1975-76. WHEREAS, the City Council of the City of El Segundo, California, did, at a regular meeting held on the 19th day of August, 1975, duly pass and adopt Resolution No. 2644 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 Public Employees' Retirement Law; and acquire, maintain and improve the public parks and recreational facilities of said City for the current fiscal year 1975-1976 at the total sum of $2,011,155.00; 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, 1975-1976. 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 El Segundo, California, in order to raise the amounts of money necessary to be raised by taxation upon such taxable property for the current fiscal year 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; I* • and acquire, maintain and improve the public parks and recreational facilities of said City for said fiscal year; and the I 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 . . . . . . . . . . . . . . $0.13 For paying the bonded indebtedness of said City, at . 0 0 . . . * - 0 0 0 * 0 0 0 $0.005 For meeting and paying the obligations of said City in the Public Employees' Retirement System under the provisions of the California Public Employees' Retirement Law, at . . . . . . . . . . . . . $0.18 For the acquisition, maintenance and improvement of the public parks and recreational facilities of said City, at $0.125 Making the total rate hereby levied for all taxable property throughout the City SECTION 2. That the City Clerk shall certify to the passage 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 Council of said City, in the minutes of the meeting at which the same s passed and adopted. Said City Clerk shall also immediately aft r the passage and adoption of this resolution, cause a copy thereof, duly certified, to be transmitted to the Auditor of Los Angeles County, California. ately. SECTION 3. That this resolution shall take effect immedi- PASSED, APPROVED and ADOPTED this 19th day of August, 1975. eZ,,5 zzA. ATTEST: Mayor of the City- of El Segundo, California City Clerk (SEAL) - 2 - • STATE OF CALIFORNIA COUNTY OF LOS ANGELES SS CITY OF EL SEGUNDO I., VALERIE A. BURROWES 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. 2645 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 19th day of August 1975 and that the same was so passed and adopted by the following vote: AYES: Councilmen Nage.1, Rockhold, Stephens, Van Vranken and Mayor Balmer NOES: Councilmen None ABSENT: Councilmen None WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY -.,this 20th day of August , 1975 (SEAL) City Clerk of the City of El Segundo, California