CC RESOLUTION 279810
RESOLUTION NO. 2798
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 RESOLUTION NO.2797
THEREOF, PASSED AND ADOPTED ON THE 22nd DAY
OF AUGUST, 1977 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 1977 -78.
WHEREAS, the City Council of the City of E1 Segundo,
adjourned
California, did, at an /regular meeting held on the 22nd day of
August, 1977, duly pass and adopt Resolution No.2797 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
1977 -78 at the total sum of $ 798,157.00 y 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, 1977 -78.
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 nec-
essary 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; and acquire, maintain and improve the public
[0
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
E1 Segundo, shall be and the same are hereby fixed and
established as follows:
For carrying on the various departments
of said City, at . . . . . . . . . . . . . . $0.055
For paying the bonded indebtedness of
said City, at . . . . . . . . . . . . . . . $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 . . . . . . . . . . . . . $0.08
For the acquisition, maintenance and
improvement of the public parks and
recreational facilities of said City, at $0.01
Making the total rate hereby levied for
all taxable property throughout the City $0.15
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 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.
SECTION 3. That this resolution shall take effect
immediately.
PASSED, APPROVED and ADOPTED this 22nd day of
August, 1977.
ATTE� J
City Clerk
(SEAL)
-2-
Z -A3 4.
Mayor of the City of El Segundo,
California
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 CER'T'IFY that the
whole number of members of the City Council of the said City
is five; that the foregoing Resolution, being Resolution No. 2798
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 22nd ay of August 1977
and that the same was so passed and adopted by the following vote:
AYES: Councilmen Bue, Nagel, Rockhold, Van Vranken
and Mayor Balmer
NOES: Councilmen None
ABSENT: Councilmen None
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID
CITY 'this 23rd day of August 1977
City Clerk
of the City of El Segundo, California
(SEAL)
�) i.