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RESOLUTION NO. 87-85
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TUSTIN, CALIFORNIA, FIXING AND DETERMINING THE AMOUNT
OF REVENUE REQUIRED FROM PROPERTY TAXES OF THE CITY OF
TUSTIN AND FIXING THE RATE OF TAXES ON THE TAXABLE
PROPERTY WITHIN THE CITY OF TUSTIN TO SERVICE ,THE DEBT
OF THE GENERAL OBLIGATION BONDS OF THE CITY FOR THE
FISCAL YEAR 1987-88.
The City Council of the City of Tustin does resolve as
follows:
Section 1:
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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 of the County of Orange.
Section 2:
That the tax rate herin is levied pursuant to Section
93 of the Revenue and Taxation Code for the purpose of
payin'g voter-approved indebtedness of the City of
Tustin.
Section 3:
That the amount of money necessary to be raised by
taxation upon the taxable property within the City of
Tustin as revenue to pay the voter-approved indebted-
ness for the 1973 Civic Center Bonds for the 1987-88
fiscal year is the sum of $72,000. Said bonds are
a general obligation of the City of Tustin.
Section 4:
That the tax rate to be levied shall be .00401 percent
' (.0000401)' of full value of the secured valuation of
property within the City of Tustin.
Section 5:
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That the City .Clerk of the City of Tustin shall
certify to the County Auditor of the County of Orange,
State of California, a statement of the rate of taxes
fixed herein, to be extended to him on the 1987-88
Assessment Roll for the collection thereof in the
same manner as County taxes.
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RESOLUTION NO. 87-85
Page 2
Section 6:
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 at a regular meeting of
Council of the City of Tustin, held on the 3rd day of August, 1987.
'
iChard B.' Edgar, y~~or
the City
day
ATTEST:
Mary E o ~ynn, rk
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) §
CITY OF TUSTIN )
MARY E. WYNN, 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. 87-85 was duly and regularly introduced, passed and adopted at a
regular meeting of the City Council held on the 3rd day of August, 1987, by the
fol 1 owing vote' '
AYES · COUNCILPERSONS' Edgar, Hoesterey, Kelly, Kennedy, Prescott
NOES · COUNCILPERSONS. None
ABSENT- COUNC ILPERSONS' None
MARY E. 'W~i., CityFjClerk
City of Tustin, California
PUBLISHED TUSTIN NEWS:
August 13, 1987