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HomeMy WebLinkAboutORD 661 (1975) ORDINANCE NO. 661 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 THE 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 1975-76 The City Council of the City of Tustin does ordain as f follows: Section 1: That it is hereby detemined and declared by the City Council of the Citv of Tustin that the sum of $4,464,232 is the amount of revenue necessary to b~ raised in order to carry on the various departments of the City of Tustin for the fiscal year 1975-76. Section 2: That of said s~ of $4,464,232it is anticipated that there will be received, as income from various sources other that through property tax levy, the s~ of $3,443,725.00 and that it will be necessary to raise the smm of $I,020,507 by tax le~ upon the property within the City of Tustin. Section 3: That in addition to said sum, the sLm of $114,834.00 is the revenue necessary to be raised to meet the debt service expense of the 1971 Park Bonds and that it will be necessa~ to raise that smm by separate tax levy upon the property within the City of Tustin. Section 4: That in addition to said sum, the sum of $73,358.00 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 <-he property within the City of Tustin. Section 5: Of the aount budgeted for street construction and traffic signai's, $411,100.00 will be paid from the Special Gas Tax Funds, and $31,000.00 from the City General Fund. Section 6: Of the amount budgeted for the repair and maintenance of City streets, traffic signals, and traffic signs, $126~786.00 will be paid from Special Gas Tax Funds, $110,000.00 from the Traffic Safety Fund, and $25,320.00 from the City Beautification Fund. Section 7: That the City Council hereby. finds and detemines that t~e enactment of this Ordinance as an emergency, urgency measure is required for the preservation of p~lic health and wetfare~ and this Ordinsnce shall go into-effect immediately upon adoption. PASSED AND ADOPTED at a regular meeting of the Tustin City Council, held on the 18th day of August, 1975. ATTEST: ~ CZTY CLEI{K STATE OF CALIFORNIA ) COUNtrY OF ORANGE )SS CITY OF TUSTR~ ) RbTH C. POE, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, does hereby certffy that the whole number of. members of the City Council of the City of Tustin is five; that the above and foregoing Ordinance No. 661 was duly and regularly introduced and read at a regular meeting of the City Council held on the lSth day of August , 1975 and was given its second reading and duly passed and adopted at a regular meeting held on the tSth day of August r 1975, by the follo~ving vote: A.YES: CO.UNCI!2~[EN: SALTARELLI, EDgaR, SUTCLIFF lqOES ': OOUNCIII~EN: NONE ABSENT: COUNCILMF. N: WELSH, SHARP City C~ Cik~ of Tustin, Ca ifornia