HomeMy WebLinkAboutORD 596 (1973) I ORDINANCE NO. 596
2 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF TUSTIN, FIXING AND DETERMINING THE AMOUNT '
~ 8 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
5 FOR THE FISCAL YEAR 197'3-74.
6
The City Council of the City of Tustin does ordain
as follows:
8
Section 1: That it is hereby determined and declared
9 by the City Council of the City of Tustin that the sum of
$3,426,147.00 is the amount of revenue necessary to be raised
10 in order to carry on the various departments of the City of
Tustin for the fiscal year 1973-74.
11
Section 2: That Of said sum of $3,426,147.00 it is
lZ anticipated that there will be received, as income from various
sources other than through property tax levy, the sum of
18 $2,729,847.00 and that it will be necessary to raise the sum of
$696,300.00 by tax levy upon the property within the City of
Tustin~
~-' 15 Section 3: That in addition to said sum, the sum of
$93,290.00 is the revenue necessary to be raised to meet the debt
18 service expense of the 1971 Park Bonds and that it will be
necessary to raise that sum by separate tax levy upon the
17 property within the City of Tustin.
!8 Section 4: That in addition to said sum, the sum of
$80,950.00 is the revenue necessary to be raised to meet the deb~
19 service expense of the Civic Center Bonds and that it will be
necessary to raise that sum by separate tax levy upon the
20 property within the City of Tustin.
21 Section 5: Of the amount budgeted for street con-
. struction and traffic signals, $575,781.00 will be paid from
22 the Special Gas Tax Funds, and $34,660.00 from the City
Beautification Fund.
Section 6: Of the amount budgeted for the repair and
maintenance of City streets, traffic signals, and traffic signs,
$124,500.00 will be paid from Special Gas ITax Funds, $105,000.00
from the Traffic Safety Fund, and $15,000.00 from the City
Beautification Fund.
Section 7: That the City Council hereby finds and
~ 27 determines that the enactment of this Ordinance as an-emergency
urgency measure is required for the preservation of public
~ 2~ health and welf~re~ and this Ordinance shall go into effect ~
immediately upon adoption.
PASSED AND ADOPTED at a regular meeting'of the City
80
Council held on the 20th day of August, 1973
ATTEST: MAYOR
STATE OF CALIFORNIA) ~
COUNTY OF ORANGE )SS -- ~ ....
CITY OF TUSTIN ) ""
7L~ C. ~OE, 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. 596 was duly and regularly introduced and
read at a regular meeting of the City Council held on the
20th 'day of August , 1973 and was given its second readin~
and duly passed and adopted as an emergency,.urgency measure
at a regular meeting held on the 20th day of August,
1973, by the following vote:
AYES: COUNCILMEN SALTARELLI, LkNGLEY, MILLER, ~LSH., WO~D:RUFF
NOES: COUNCILMEN NONE
ABSENT: COUNCILMEN NONE