Loading...
HomeMy WebLinkAboutORD 41 (1935)ORDINANCE N0. 41 AN ORDINANCE OF THE CITY OF7USTIN FIXING AND DETERMINING THE NUMBER OF CENTS ON EACH ONE HUNDRED DOLLARS OF THE ASSESSED VALUATION OF THE EAXABLE PROPERTY WITHIN THE CITY OF TUSTIN TO BE LEVIED AND COLLECTED AS A REVENUE TO PAY THE GENERAL RUNNING EXPENSES OF SAID CITY, AND THE BONDED AND OTHER INDEBTEDNESS OF SAID CITY DIRING THE FISCAL YEAR 3935-1936. The City Council of the City of Tustin do ordain as follows: SECTION 1: It is hereby determined that the sum of One hundred and twenty (9p1.20) Cents upon each One Hundred Dollars ($100.00) of the assessed valuation.of all the taxable property within the City of Tustin is re- quired for the purpose of providing a revenue to meet the general expenses of the said City for the fiscal year 1935- 1936, and to pay the bonded and other indebtedness of said City, and the proper officers are hereby directed to levy and collect the said sum of One hundred and Twenty {1,20) Cents on each One Hundred ($100.00) Dollars of the assessed valuation of all the taxable property within said City as assessed by the Assessor of the City of Tustin for the fiscal year 1935-1936. SECTION 2: That the revenue raised through the collection'of taxes as aforesaid, shall be, and is hereby allocated as follows: The sum collected upon One Hundred 01.001 Cents thereof, to the general fund; The sum collected upon Twenty (9$.20)Cents thereof, to the Municipal Improvement Bonds of 1930, Bonded Indebtedness Fund. SECTION 3: The City Clerk shall cause this ordin- ance to be published once in !The Tustin News", a weekly newspaper printed and published in the City of Tustin, County of Orange, State of Califronia, and thereupon and thereafter the same shall be in full force and effect. LM 13 J. R. Harbour, City Clerk of the City of Tustin, so hereby certify that the foregoing ordinance was introd- yced at a regular meeting ofrcthe City Council of the City of Tustin held on the 19th day of August, 1935; and was finally passed at a regular meetin4 of said.City Council held on the 3rd day of September, 1930; by the following vote, to -wit: AYES: Councilmen: Logan, Kiser Pieper and Huntley NOES: Councilmen: None ABSENT: Councilmen: Schwendeman ATTEST: ��� X ty 'lerk of the City of ustin. The foregoing ordinance is hereby approved this 3rd day of September, 1935•