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CC RESOLUTION 30961• J RESOLUTION NO. 3096 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, REIUCING PROPERTY TAXES FOR THE FISCAL YEAR 1981 -82 WHEREAS, Section 2 of Article XIII B of the California Constitution requires the City of El Segundo to return,by a revision of tax rates or fee schedules within the two subsequent fiscal years,revenue received by the City in excess of that amount which was appropriated in compliance with said Article XIII B; and WHEREAS, in 1980 -81 fiscal year, the City received revenues in excess of the amount which was appropriated by the City in compliance with Article XIII B. in the sum of $- 3,089,809.09 ;. and WHEREAS, the City has determined to return during the 1981 -82 fiscal year a sum equal to $ 608,391.00 " and in 1982 -83 fiscal year, the amount shown on the unsecured roll which results from the same effective rate reduction; and WHEREAS, the Revenue and Taxation Code of the State of California provides, in Section 97 et seq., a method of allocating property taxes; and WHEREAS, the Revenue and Taxation Code of the State of California provides in Section 100 et seq., for a city to "request that the amount computed for it * * * be reduced for the current fiscal year by a specified amount ;" and WHEREAS, the City Council has determined to request that the amount computed for the City of El Segundo for the fiscal year 1981 -82, pursuant to Chapter 6 of Part 0.5 of Division i of the Revenue and Taxation Code, be reduced by $608,391.00 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, DOES RESOLVE AS FOLLOWS: • SECTION 1. That the City of El Segundo requests that the amount of property tax computed for the City of El Segundo pursuant to Chapter 6 of Part 0.5 of Division 1 of the Revenue and Taxation Code, be reduced for the 1981 -82 fiscal year by $608,391.00 I • I• 1. 0A- SECTION 2. The City Clerk is directed to forward a certified copy of this resolution to the County Auditor to be delivered no later than August 31, 1981. SECTION 3. 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 adop- tion 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. PASSED, APPROVED and ADOPTED this 18th day of August, 1981. Mayor pro tempore of the City of E1 Segundo, California ATTEST: City Clerk (SEAL) -2- STATE OF CALIFORNIA ) COUNTY OF LOS ANGE LES ) CITY OF EL SEGUNDO ) SS 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. 3096 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 18th day of August ,19 81 and that the same was so passed and adopted by the following vote: AYES: Councilmen Johnson, Siadek and Mayor pro tem Bue NOES: Councilmen None ABSENT: Councilmen Amstrong and Mavor_Van Vranken WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY this 19th day of August 19 81 Vale I Gi 4Gh. e. ;) City Clerk of the City of E1 Segundo, California (SEA L)