HomeMy WebLinkAboutORD 50 (1939)ORDINANCE NO. 50
AN ORDINANCE OF THE CITY OF TUSTIN
FIXING AND DETERMINTNG THE NUMBER
OF CENTS ON EACH ONE HUNDRED
DOLLARS OF THE ASSESSED VALUATION
OF THE TAXABLE PROPERTY WTTHIN THE
CITY OF TUSTIN TO BE LEVIED AND
COLLECTED AS A REVENUE TO PAY THE
GENERAL RUNNING EXPENSES OF SAID
CITY, AND THE BONDED A"D OTHER IN—
DEBTEDNF.SS OF SAID CTTY DURING THE
FISCAL YEAR 1939-1940.
The City Council of the 'jity of Tustin do ordain as follows:
SECTION I: It is hereby determined that the sum of
One Hundred and Ten — — — _ — — — — — ($1.10)Cents upon each
One Hundred Dollars ($100.00) of the assessed valuation of all
the taxable property within the City of Tustin is required for
the purpose of providing a revenue to meet the general expenses of
the said City for the fiscal year 1939-1940, and to pay the bonded
and other indebtedness of said. City, and ti -e proper officers are
hereby directed to levy and collect the said sum of One Hundred
and Ten — — — — — — — — ($1.10 Cents on each One Hundred Dollars
($100.00) of the assessed valuation of all the taxable property
within said City as assessed by the Assessor of the City of Tustin
for the fiscal year 1939 -1940 -
SECTION II: That the revenue raised through the collection
of taxes as aforesaid shall be, and is hereby allocated as follows:
The sum collected upon One Hundred Cents ($1.00) thereof,
to the General Fund;
The sum collected upon Ten Cents $0.10 thereof, to
the Municipal Improvement Bonds oif 1930, Bonded Indebtedness Fund
SECTION III: The City Clerk shall cause this ordinance to be
published once in "The Tustin News", a weekly newspaper printed
and published in the City of Tustin, County of Orange, State of
California, and thereupon and thereafter the same shall be in full
force and effect.
I, D. T. Hayden, City Clerk of the City of Tustin, do hereby
certify that the foregoing ordinance was introduced at an adjour—
ned regular meeting of the City Council of the City of Tustin
209
held on the 21st day of August, 1939, and was finally passed at a
regular meeting of said City Council held on the 5th day of
September, 1939, by the following vote, to -wit:
AYES: Councilmen: Logan, Pieper, Kiser, Wilson
Huntley
NOES: Councilmen: None
ABSENT: Councilmen; None
ATTEST:
City Glerk f the City of Tustin
APPROVED' c '
Mayor of th City of Tustin