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HomeMy WebLinkAboutCC RES 74-066 RESOLUTION NO. 74-66 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 AND 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 1974-75 The City Council of the City of Tustin does resolve as follows: . Section 1- That the City of Tustin has, pursuant to law, heretofore elected 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 ef the County of Orange. Section 2- That it is .determined that the amount of $824.549.00 is "the amount 'of money necessary to be raised by taxation upon the taxable property within the City of Tustin,TM as revenue to carry on the various departments of the City of Tustin for the year 1973-74. Section 3- That the rate of tax necessary to raise the aforesaid sum of money to carry on the various work for the City of Tustin is the sum of $0.968 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 ta~-' for the fiscal year Of 1974-75 of $0.968 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 1974-75. Section 4- That it is determined that the amount of $101,212.00 is the amount of money necessary to be raised by taxation upon the taxable property within the City of Tustin, as revenue to meet the debt service expense of the 1971 Park Bonds for the year 1974-75. Section 5: That the rate of tax necessary to raise the aforesai~S~~-°f---money to meet the debt service expense of the 1971 Park Bonds of the City of Tustin is the sUm of $0.1153 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 1974-75 of $0.1153 upon each One Hundred Dollars ($100.00) of assessed valuation of ali real property within the corporate limits of the City of ~u~tin excepting therefrom that portion of the annexation described in Ordinance No. 543 South of Tract No. 7~20. Section 6: That it is determined that the amount of $79,64~.00 is the amount of money necessary to be raised by taxation upon the taxable property within the City of Tustin, as revenue to meet the debt service expense of the Civic Center' Bo~ds for the year 1974-75'. 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 $~..0917 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 1974-75 of $0.0917 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 Citff of Tustin for the fiscal year 1974-75. , Section 8:· That the City Clerk of %he City of Tustin shall certify to the County Auditor of the County of Orange, State of California, a s'tatement of the rate of taxes fixed herein, to be extended to him on the 1974-75 Assessment Roll for the collection thereof in the same manner as County Taxes. Section 9- That the City Clerk shall certify to the adoption of this Resolution and shall cause the same to be published once within fifteen days after its adoption, in the Tustin News, a weekly newspaper of general circulation, printed, published and circulated in the City of Tustin. PASSED AND ADOPTED by the City Council of the City of Tustin, at a regular meeting thereof held' on the 19th day of August, 1974.. ATTEST · CITY CLERK · MAYOR PRO TEM ~ STATE OF CALIFORNIA) .~QUNTY. OF ORANGE ) SS' CITY OF TUSTIN ) RUTH C. POE, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, does hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 74-66 was duly and regularly introduced, read, passed ~d adopted at a regular meeting of the City Council held on the 19th day of August 1974, by the following vote: AYES - NOES COUNCILMEN 'SHARP, SALTARELLI, EDGAR COUNCILMEN NONE ABSENT- COUNCILMEN LANGLEY, WELSH · e_k, ~-ty~~~f Tustmn, Calzfornia .