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HomeMy WebLinkAboutCC RES 75-57 RESOLUTION NO. 75-57 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN FIXING AND DETERMINING THE AMOUNT OF REVE- NUE REQUIRED FROM PROPERTY TAXES TO CARRY ON THE VARIOUS DEPARTMENTS OF THE CITY OF TUSTIN FIXING THE RATE OF TAXES ON THE TAXABLE PROPERTY WITHIN THE CITY OF TUSTIN TO CARRY ON THE WORK OF THE CITY FOR THE FISCAL YEAR 1975-76 The City Council of the. City. of Tustin does resolve as ..follows: Section 1- That the City of Tustin has, pursuant to law, her~-~ofOre-'-~lected to have its duties of assessment and tax collection performed by the County of Orange, 'through the County Assessor, Tax Collector, Auditor, and other officials of the County of O~-ange: Section 2: That it is determined that the amount of '~t,0~.0,5~-i~-~-~the--~amo~nt .of money n.ec~s.s'ary_t6 b.e raised b~ taxati n 10upon the taxable property within 'the Ci=y of Tus~in, as .revenue to carry on the various departments of the City of Tustin for 11' the year 19 75-76 .... Section 3: That the rate of tax necessary to raise the 1~ ~1 af°resai~ ~~-'0f ~oney to carry on the various work for th~ City ~il of Tustin is the sum of $0.9955 upo~ each One Hundred Dollars. ($100.:00). of the assessed valuation of all.real and pe_rsonal, prope~. within the corporate limits of the City of' Tust~n, a~.~d-tha% ~nere 1~ be, and hereby is fixed and levied a property tax for the fiscal 1~ year of 1975-76 of $0.9955 upon each One Hundred Dollars (.$.100.00) of assessed valuation of all real property within the corporate ~ limits of the. City of Tustin, for the purpose of carrying on the various work of the City of Tustin for the fiscal year 1975-76.' 17 Section 4- That it is determined that the amount of 18 $114,834~0-07~iS .... the- amount of money necessary to be raised by taxation upon the' taxable property within the City of Tus. tin, as revenue to meet the debt service expense of the 1971 Park !9 Bonds for the year 1975-76. . Section 5- That the rate of tax' necessary to raise the aforesai~-~um ~6'f-~money to meet the debt service expense of the 1971 Park Bonds of the City of Tustin is the sum o'k $0.1103 upon each One Hundred Dollars ($100.00) of the assessed valuation of all real and personal property within the corporate limits of the City of Tustin, and that there be, and hereby is fixed and levied a property tax for the fiscal year of 1975-76 of $0.1103 upon each One Hundred Dollars ($100.00) of assessed valuat:.on of all real property within the corporate limits of the City of Tustin excepting therefrom that portion of the annexation described in Ordinance No. 5'43 South of Tract No' 7420. ~ Section 6- That it is determined that the amount of ~7 $73,358.~O ~s'.-~'h~-~amOunt of money necessary to be raised by taxation upon the taxable property wi thin the City of Tustin, as revenue to meet the debt service expense of the Civic Center ~ Bonds for the year 1975-76. £9 .~ · 15 18 19 2O 21 £5 26 29 30 $1 .. 2 3 4 6 ? $ 334 Section 7: That the rate of tax necessary to raise the aforesai~~- SUm Of'-money to meet-the debt service expense of the Civic Center Bonds of the City of Tustin is the sum of $0.0692 upon each One Hundred Dollars ($100.00) of the assessed Valuation of all real and personal property within the corporate limits of' the City of Tustin, and that there be, and hereby, is fixed and levied a property tax for the fis'cal year of 1975-76 of $0.0692 upon each One Hundred Dollars ($100.00) of assessed valuation of all real property within the corporate limits of. the City of° Tustin, for the purpose of meeting the debt service expense of the Civic Center Bonds of the City of Tustin for the fiscal year 1975-76. Section 8- That the 'City Clerk of the City of Tustin shall ce~'t~fy.~ ~ ~he .County Auditor of the County of Orange, A~ ~EST" CI%~Y CLERK PASSED AND ADOPTED by the City Council of the. City of Tustin, at a regular meeting thereof held .on the 18th day of August, 1975 'Section 9: That the City Clerk shall certify, to the adoption-' 0f-th~S-~Resolution and shall cause the same to be published once within fifteen days after its adop%ion, in the Tustin News, a weekly newspaper of. general circulation, printed, published and circulated in the City of Tustin. State of California, a statement of the rate of taxes fixed herein, to be extended to him on the 19'75-76 Assessment Roll for the collection thereof in the same manner as County Taxes. 335 STATE OF CALIFOP~NIA) COUNTY. OF ORANGE ) SS CITY OF TUSTIN ). · RUTH C. POE, City Clerk and ex-officio Clerk of the City Council of the C~.tv of Tustin, California, does her~2::}y. certify that the w~ole n~.~ber of the me~..~ers of t~he City Council of the City of 'I'~stin is five; t~hat ~-te above and foregoing Resolution No. 75-57 was duly and regularly introduced, read, pas~ed a~nd ~dO_~ted at a regular meeting of the City' Council held on the ...... 18.th_ ~_~ay of 1975, by the following vote: AYES: COUNCii~[EN SALTA~W. LLI, EDGAR, SUTCLIFF L , ----'~'J ..... =--' "' -- -- '--:-':"-'" ' ' ABSEi~T' COL~NCII~;~EN ..... _WELSH .. SHARP ._ _~- - ' - ~itY Clerk, ~ty. of Tustin, Califc_-nza