HomeMy WebLinkAboutORD 690 (1976) 155
ORDINANCE NO. 690
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUSTIN,
FIXING AND DETERMINING THE AMOUNT OF REVENUE NECESSARY
TO BE RAISED BY TAXATION UPON THE TAXABLE PROPERTY
WITHIN THE CITY OF TUSTIN AND THE AMOUNT OF REVENUE
NECESSARY TO CARRY ON THE VARIOUS DEPARTMENTS OF SAID
CITY FOR THE FISCAL YEAR 1976-77
The City Council of the City of Tustin does ordain as follows:
Section 1: That it is hereby determined and declared by the
City Council of the City of Tustin that the sum of $5,510,-788.00
is the amount of revenue necessary to be raised in order to carry on the
various departments of the City of Tustin for the fiscal year 1976-77.
Section 2: That of said sum of $5,510,788.00 it is
anticipated that there will be 'received, as income from various sources
other than through property tax levy, the sum of $4,417,573
and that it will be necessary to raise the sum of $1,093,305.00
by tax levy upon the property within the City of Tustin.
Section 3: That in addition to said sum, the sum Df $114,490.00
is the revenue necessary to be raised to meet the debt service expense of
the 1971 Park Bonds and that it will be' necessary to raise'that sum by
separate tax levy upon the property within the City of Tustin.
Section 4: That in addition to said sum, the sum of $73,645.00
is the revenue necessary to be raised to meet the debt service expense of
the Civic Center Bonds and that it will be necessary to raise that sum by
separate tax levy upon the property within the City of Tustin.
Section 5: Of the amount budgeted for street construction and
traffic signals, $594,584 will be paid from the Special Gas Tax Funds, and
$84,900 from the City General Fund.
Section 6: Of the amount budgeted for the repair and maintenance
of City streets, traffic signals, and traffic signs, $142,098 will be paid
from Special Gas Tax Funds, $120,000.00 from the Traffic Safety Fund, and
$28,650.00 from the City Beautification Fund.
Section 7: That the City Council hereby finds and determines that
the enactment of this Ordinance as an emergency, urgency measure is required
for the preservation of public health and welfare, and this Ordinance shall
go into effect immediately upon adoption.
PASSED AND ADOPTED at a regular meeting of the Tustin City Council,
held on the 16th day of August, 1976.
' " MAYOR
ATTEST':
-, 'e{TY CLERK ' '
.....
156'
STATE OF CALIFOP~NIA)
COUNTY OF ORANGE ) SS
CITY OF TUSTIN )
RUTH C. POE, City Clerk and ex-officio Clerk of the City
Council of the City of Tustin, California, does hereby
certify that the whole number of members of the City Council
of the City of Tustin is five; that the above and foregoing
Ordinance No.. ~9~ was duly and regularly introduced and
read at a regular meeting of the City Council held on the
/friday'of ~~ -~ 1976 and was given its second
reading and duly' pa~ss~d and adopted at a regular meeting
held on the.. 16th . day of. Auqust .1976, by. the
following vote :.
AYES: COUNCILMEN: EDGAR, SCHUSTER, SHARP, WELSH, SALTARELLI
NOES: COUNCILMEN: NONE
ABSENT: COUNCILMEN.: NONE
i-
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City Clerk, ~i~y of Tustin, California
..: I:._ ,.~.
Publish Tustin News
August .26 ~ 1976 .