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HomeMy WebLinkAboutCC RES 78-095RESOLUTION NO. 78-95 8 4 8 lO 16 18 19 80 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN FIXING AND DETERMINING THE AMOUNT OF REVENUE REQUIRED FROM PROPERTY TAXES TO CARRY ON THE VARIOUS DEPARTMENTS OF THE CITY OF TUSTIN AND FIXING THE RATE OF TAXES ON THE TAXABLE PROPERTY WITHIN THE CITY OF TUSTIN TO CARRY ON THE WORK OF THE CITY FOR THE FISCAL YEAR 1978-79. The City Council of the City of Tustin does resolve as follows' ~ Section 1- That the City of Tustin has, pursuant to law, heretofor,. elected t~ h~age-'i~-s 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 O'~ange. Section 2: That under Proposition 1] as implemented by SB 154 and.' SB 2212, the City of Tustin will receive its l~ro rata share of the maximum one percent of true va'lue property tax rate upon the taxable property within the City of Tustin, as revenue to carry on the various dep,artments of the City of Tustin for the year 1978-79. Said .pro ration shall be in lieu of the City of Yustin's right to levy a separate tax rate. Section 3: That it is determined that theamount of $118,430 is the amoun~t- 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 1978-79. 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 $0.0715 upon eacff One Hundred Dollars (SIO0.O0) 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 fix ....... : and levied a property tax for the fiscal year o'f 1978-79 of $0.0715 upon eac One Hundred Dollars ($100.00.) of assessed valuation of all real property within the corpo, rate 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. Sect ion 5' That it is determined that the amount of $89,200 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 ye'ar 1978-79. Said Bonds are General Obligation Bonds of the City of Tustin voted and approve4 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 $0.0534 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 fisca! year of 1978-79 of $0.0534 upon each One Hundred Dollars ($100.00) of assessed valuation of all real property within the corporate limits of the City of Tustin, e×cepting there£rom Annexation No. 71-B, Marine' Corps Air Station Helicopter described in Ordinance No. 682. Section 7' That the City Clerk of the City of Tustin shall certify .... to the Co-~y--A~d-itor of the County of Orange, State of California., a state- ment of the rate of taxes fixed herein, to be extended to him on the 1978-7} Assessment Roll for the collection thereof in the same manner as County Taxes. 8 8 lO 8O 81 8~ RESOLUTION NO. 78-95 Page Two September 5, 1978 Section 8' That the City Clerk shall certify to the adoption of this Reso]~U'tionand shall .cause the same to be published once within fifteen days after its adopti'on, 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 5th day of September, 1978. '"TTE ST' · CiTY CL-~i'-t .. dpj' 8130/78 ' STATE OF CALIFOFd';IA) COUNTY OF O]bINGE )SS CITY OF TUSTIN ) · RUTII C. POE, City Clerk and ex-officio Clc]'k of thc: City Council of tl'~e City of Tustin, California, does t~ereby certify that the whole numloer of the me~:~bers of' the City Cou~cil of the City of Tustin is five; t.l~,~[', tl~e at>ove ond foregoing Resolution No. 78-95 wil:; duly and regularly introduced, rcad, passed a~d adopted at a regular meeting of t]~e City Council l~eld on the .... 5th day of:~September 1978, by tl~e following vote- AYES ' NOES ' ABSENT' C OU N C I L..'4 EN · COUNCILMEN · COU N Ci LMEN · Welsh, s~h_a~p,~~ Saltarelli None Schuster, Kennedy Cit', of T ~a]i ~ ' .~ us ti]~_, .... .~ orn.~ a % · , .