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HomeMy WebLinkAboutCC RES 80-088. 8 9 11 12 15 14 15' 16 17 18 19 20 21 25 26 ~8 29 30 RESOLUTION NO. 80-88 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN FIXING AND DETERMINING THE AMOUNT OF REVENUE REOU!RED 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 1980-81. The City Council of the City of Tustin does resolve as follows- Section 1- That the City of Tustin has, pursuant to law, heretofore elected to have its duties o.f 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 rates herein levied by the City of Tustin are for the payment of voter approved indebted- ness pursuant to Revenue and Taxation Code Section 2237(a). Section 3- That it is determined that the amount of $-75,00~ is the amount of money necessary to be raised by taxation upon the taxable property within the City of Tustin, as revenue to meet the debt service expense of the 1971 Park Bonds for the year 1980-81. Said Bonds are General Obligation Bonds of the City of Tustin voted and approved by the electorate. Section 4- That the rate of tax necessary to raise the aforesaid, sum of money to meet the debt service expense of the 1971 Park Bonds of the City of Tustin is the sum of $ .0408 upon each One Hundred Dollars ($100.00) of the assessed valuation of all real '~nd personal property within the corporate limits of the City of Tustin, and that there be, and hereby is fixed and levied a property tax for the fiscal year of 1980-81 of $ .0408 upon each One Hundred Dollars ($100.00) of assessed valuation of all real property within the corporate limits of the City of Tustin excepting therefrom that portion of the annexation described in Ordinance No. 543 South of Tract No. 7420 and Annexation No. 71-B, Marine Corps Air Station Helicopter described in Ordinance No. 682. Section 5- That it is determined that the amount of $30,000 is the amount of money necessary to be raised by taxation upon the taxable property within the City of Tustin, as revenue to meet the debt service expense of the Civic Center Bonds for the year 1980-81. Said Bonds ar~ General Obligation Bonds of the City of Tustin voted and approved by the electorate. Section 6- That the rate of tax necessary to raise the aforesaid sum of money to meet the debt service expense of the Civic Center Bonds of. the City of Tustin is the sum of S .0163 upon each One Hundred Dollars ($100.00) of the assessed valuation of all real and personal property within the corporate limits of the City of Tustin, and that there be, and hereby, is fixed and levied a property tax for the fiscal year of 1980-81 of $ .0163 upon each One Hundred Dollars ($100.00) of assessed valuation of all real property within the corporate limits of the City of Tustin, exceptin~ therefrom Annexation No. 71-B, Marine Corps Air Station Helicop%.er described in Ordinance No. 682. 8 10 11 14 15 16 18 19 ~0 25 ~? ~8 29 ~0 51 RESOLUTION NO. 80-88 Page Two Au~.ust 18th, 1980 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 1980-81 Assessment Roll for the collection thereof in the same manner as County Taxes. Section 8- That the City Clerk shall certify to the adoD%ion of this Resolution and shall cause ~he same to be o. 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 City of. Tustin, held on the 18th day of Auqust, 1980. ATTEST - CITY C~RK STATE OF CALIFOP~MIA COUNTY OF ORANGE CITY OF TUSTIN · . · . . ) ). ss ) ~h%RY E. WYNN', city Clerk and eX-offiCi° 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. · 80-88 was duly and regularly introduced, passed and adopted at a regular meeting of- the City Council held on the . 18th__day of August , 1980 by the following vote- .. AYES : COUNCILb~N' SALTA.~.j~.LLI, .EDGAR, HOESTERW. Y:. SHA _RP.., K~.NNEDY_ - ........... NOES : COUNCII24EN: NONE ABSENT' COUNCiL~o[EN: NONE ~[ARY E. ~:"fN%!, ~Ci ty Cler~ City of Tustin, California PUBLISH TUSTIN NEWS: August 28, '1980