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HomeMy WebLinkAboutORD 549 (1972) ORDINANCE NO. 549 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 1972-73 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 $~,788,218.00 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 1972-73. Section 2: That of said sum of $3,788,218.00 it is anticipate~ that there will be received, as income from various sources other than through property taxilevy, the sum of $3,152,818.00 and that it will be necessary to raise the sum of $635,400.00 by tax levy upon the property within the City of Tustin. Section 3: That in addition to said sum, the sum of $91,000 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: Of the amount budgeted for street con- struction and traffic signals, $594,934.00 will be paid from the Special Gas Tax Funds, and $22,200.00 from the City Beautification Fund. Section 5: Of the amount budgeted for the repair and maintenance of City streets, traffic signals, and traffic signs, $112,650.00 will be paid from Special Gas Tax Funds, $60,000.00 from the Traffic Safety Fund, and $7,086.00 from the City Beautification Fund.. Section 6: That the City Council hereby finds and dete~aines 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 i~diately upon adoption. PASSED AND ADOPTED at a regular meeting of the City Council held on the 21st day of August, 1972. .. ~ MAYOR ATTEST: STATE OF .CALIFORNIA) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) RUTH C. POE, City Clerk and ex-officio Clerk of the Ci.ty 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 four; that the above and foregoing Ordinance No. 549 was duly and regularly introduced and read at a regular meeting of the City Council held on the 21st day of AUgust, 1972, and was duly passed and adopted as an urgency raeasure at a regular meeting held on the 21st day of August , 1972, by the following vote. AYES: COUNCILMEN C. MILLER, SALTARELLI, LANGLEY, WELSH NOES: COUNCILMEN NONE ABSENT: COUNCILMEN NONE City Clerk