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HomeMy WebLinkAboutORD 521 (1971) ORDINANCE NO. 521 1 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY 2 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 " 4 CARRY ON THE VARIOUS DEPARTMENTS OF SAID CITY FOR THE FISCAL YEAR 1971-72 5 The City Council of the City of Tustin does ordain 6 as follows: 7 Section 1: That'it is hereby determined and declared 8 bY~"the. City Council of the City of Tustin that the sum of $2,127,07Z00 is the amount of revenue necessary to be raised 9 in order to carry on the various departments of the City of Tustin for the fiscal year 1971-72. 10 Section 2: That of said sum of $2,127,077.00 it is 11 anticipated that there will be received, as income from various sources other than through property tax levy, the sum of 12 $1',587,894.00 and that it will be necessary to raise the sum of $539,183.00 by tax levy upon the property .within the City of 13 Tustinl 14 Sectio_n 3: That' in addition to said'sum, the sum of $72,000 is the revenue necessary to be raised to meet the debt 15 service expense of the 1971 Park Bonds and that it will be necessary to raise that sum by separate tax leVy upon the prop- _ 16 erty within the City of Tustin. 17 Section 4: Of the amount budgeted' for street con- struction ~nd traffic signals, $423,349.00 will be paid from 18 the Special Gas Tax Funds, and $13,200.00 from the City Beautification Fund. 19 Section 5: Of the amount budgeted for the repair and 20 maintenance of City streets, traffic signals, and traffic signs, '$107,0.00'.00 will be paid from Special Gas Tax Funds, $60,000.00 21'~ from the 'Traffic Safety Fund, and $2,034.00 from the City Beautification Fund. 22 Section 6: That the City Council hereby finds and 23 'determines that the enactment of this Ordinance as an emergency, urgency measure is required.for the preservation of public 24 health and welfare, and this Ordinance shall go into effect- immediately upon adoption. 25 PASSED AND ADOPTED at a regular meeting of the City 26 Council held on'the 16th day of August, 1971. 27 29 30 MMYOR ' ' 51 ATTEST: ~.~,~2j'~ City CL STATE OF C~LIFORNIA) 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 fore- going Ordinance No. 5'21 was duly and regularly introduced and read at a regular meeting of the' City Council held on the i6th day of A. ugust , 19 71, and was given its second reading and duly passed and adopted at ~a regular meeting.held on the 16th day Of August , 1971, by the following vote: AYES: COUNCILMEN C. M~ller~ Marsters~ L. Millert Oster.~-- NOES: COUNCILMEN Coco ABSENT: COUNCILMEN None , D~puty City dlerk, Ci~__Q.f~ustin, Califo~