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HomeMy WebLinkAboutCC RES 85-086lO ll 12 13 14 15 17 18 20 23 24 25 27 28 RESOLUTION NO. 85-86 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 1985-86. The City Council of the City of Tustin does resolve as follows' SECTION !'~ That the City of Tustin has, pursuant to law, heretofore elected ~o 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 ~he County of Orange. SECTION 2' That the tax rate herein is levied pursuant to Section 93 of the Revenue and Taxation Code for the purpose of paying 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 indebtedness for the 1971 park bonds for the 1985-86 fiscal, year is the sum of $101,125. Said bonds are a general obligation of the City of Tustin. SECTION .... 4' That the tax rate to be levied shall be .00644 percent (.0000644) of full value of the secured valuation of property within the City of Tusti n. SECTION 5- 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 indebtedness for the 1973 civic center bonds for the 1985-86 fiscal year is the sum of $75,000. Said bonds are a general obligation of the City of Tustin. SECTION 6' That the tax rate to be levied shall be .00491 percent (.0000491) _ of full value of the secured valuation of property within the City of Tustin. SECTION 7' 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 1985-86 Assessment Roll for the collection thereof in the --- same manner as County taxes. ~mmmm~ 10 11 12 13 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 85-86 Page 2 SECTION 8' That the City Clerk shall certify to ~he adop%ion of this Resolution and shall cause ~he 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 the City Council of the Ci%y of Tustin, held on the .... 19th day of August, 1985. _ Frank H. Greinke, Mayor ATTEST' Mary E. W~-n, City ~erk 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. 85-86 was duly and regularly introduced, passed and adopted at a regular meeting of the City Council held on the 19~1~ day of AU~]Ms~, 1985, by the following vote' AYES · COUNCILPERSONS' Edgar, NOES · COUNCILPERSONS' None ABSENT' COUNCILPERSONS' None Grei nke, Hoesterey, Kennedy, Saltarelli MARY E. WYN.~ City Cle~ City of Tust]n, California