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HomeMy WebLinkAboutORD 40 (1934)ORDINANCE NO.40 AN ORDINANCE OF THE CITY OF TUSTIN FIXING AND DETERMINING THE NUMBER OF CENTS ON EA M ONE HUNDRED DOLLARS OF THE ASSESSED VALUATION OF THE,TAXABLE PROPE^TY WITHIN THE CITY OF TUSTIN TO BE LEVIED AND COLLECT— ED AS A, -,.REVENUE TO PAY THE GENERAL RUNNING EXPENSES OF SAID CITY, AND THE BONDED AND OTHER INDEBTEDNESS OF SAID CITY DURING THE FISCAL YEAR 1931935 i The City Council of the City of Tustin do ordain as follows; SECTION 1: It is hereby determined that the sum of One Hundred Dollars Ten Cents 1.10 upon each One -- Hundred Dollars (100.00) of the&00essed valuation of all the taxable property within thAitq of Tustin is, required i for the purpose of providing a revenue to meet the general expenses of the said City for yhe fiscal year 1934-1935' 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 Ten Cents(l 10) Cents on each One Hundred ($100.00) Dollars of the assessed valuation of all the taxable property within said City as assessed by the Assrssog•gf the City of Tustin for the, fiscal year 193+-1935 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 Ninety Seven IlLcents thereof, to the general fund; M The sum collected upon Thirteen Cents(13) Cents thereof, to the Municipal Improvement Bonds of 1930, Bonded Indebtedness Fund. SECTION 3: The City Clerk shall cause this ord— inance 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, 4Ad thereupon and thereafter the same shall be in full force and effect I, J. R. Harbour, City Clerk of the City of Tustin, do hereby certify that the foregoing ordinance was introduced at a -regular meeting of the City Council of the City of Tustin held on the 21st day of August, 1934) and was finally passed at a regular meeting of said City Council held on the 4th day of September, 19342 by the following vote, to—wit: AYES: Councilmen:Lop:an,_Kiser, and Schwen— deman NOES: Councilmen: None ABSENT: Councilmen: Pleper ATTEST: City Clerk of the City of Tustin. The foregoing ordinance is hereby approved thts 4th day of September, 1934• Mayor of the City 0 Tustin