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HomeMy WebLinkAbout3385 - Property Tax Levy0 1 RESOLUTION NO. • 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH, FIXING THE RATE PER CENTUM AND 3 LEVYING A TAX UPON ALL OF THE TAXABLE PROPERTY • WITHIN THE CITY OF NEWPORT BEACH WHICH IS TAXABLE 4 THEREIN FOR MUNICIPAL PURPOSES. 5 - - - - - 6 The City Council of the City of Newport Beach does resolve 7 and declare as follows: 8 FIRST: Resolved, that there be and is hereby levied upon 9 all of the taxable property within the City of Newport Beach which 10 is taxable therein for municipal purposes, a tax for the purpose of 11 raising the necessary money with which to carry on the various de- 12 partments of the City of Newport Beach for the current fiscal year 13 1946 -1947. 14 SECOND: Resolved, that the rate per centum of the tax 15 hereinafter levied shall be and is hereby fixed as the sum of One 16 Dollar Four Cents ($1.04) on each one hundred dollars of value 17 nated for each fund as follows: LAW OFFICES OF -1- ROLAND THOMPSON 209 SPUAGEON BLDG. SANTA ANA. CALIF.. 18 For current expense fund: One Dollar ($1.00) 19 For the library fund: Four Cents ( .04) 20 Total Tax Levy: One Dollar Four Cents ($1.04). 21 THIRD: Resolved, that in addition to all other taxes 22 herein levied for municipal purposes, there is hereby levied on 23 all of the taxable property within the City of Newport Beach, a 24 tax for the purpose of raising the necessary and sufficient money 25 to pay the annual interest on all issued, outstanding, and unpaid 26 municipal bonds of the City of Newport Beach, and also such part 27 of the principal thereof as shall become due before the time for • 28 fixing the next general tax levy in and for said City, the rate • 29 hereby levied for said purposes is fixed at Four cents (40) on 30 each One Hundred Dollars ($100) of value, and the same shall be 31 collected at the same time and in the same manner as all other 32 municipal taxes are collected, excepting upon property annexed LAW OFFICES OF -1- ROLAND THOMPSON 209 SPUAGEON BLDG. SANTA ANA. CALIF.. • D • 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 T j at an eleotion held the 11th day of February, 1924, and known as Corona, Del Mar, provided, that the said taxes herein levied shall be exolusive of any tax levied for the payment of interest and prin oipal of #150,000 bonds of the City of Newport Beaoh issued and sold for the oompletion of the munioipal water system thereof, and $225,000 bonds for the City of Newport Beaoh issued and sold for the oonstruotion and improvement of jetties in the City of Newport Beaoh and known as the Jetty Bonds of 1927; and $40,000 bonds of the City of Newport Beaoh for the aoquisition, oonstruotion, and oompletion by the City of Newport Beaoh of a oertain munioipal im- provement, to -wit, the improvement of the munioipal harbor by deepening and dredging the ohannel, and by the aoquisition and oon- struotion of various groins for the purpose of oontrolling the tide and proteoting the existing jetties and shore lands, and inoluding for said purpose the aoquisition of lands and rights of way, whioh said bonds are known and designated as Newport $eaoh Harbor Improvement Bonds of 1929; and bonds in the amount of $110,000 for the aoquisition and oonstruotion of a munioipal improvement, to -wit, additions to the munioipal sewer system inoluding the aoqui sition of lands and rights of way, and the aoquisition and oonstruo tion of a main sewer line and disoharge sewer lines, a sewage dis- posal plant, sewage works, pumping plants and buildings and equip- ment neoessary or oonvenient for said projeot, whioh said sewer bonds are known and designated as Newport Beaoh Munioipal Sewer Bonds of 1935; and bonds in the amount of $94,000 of the City of Newport Beaoh, for the aoquisition and oonstruotion and reoonstruo- tion of two (2) publio piers, inoluding the reoonstruotion and ex- tension of the existing piers into the waters of the Paoifio Ooean, inoluding buildings and struotures neoessary or oonvenient for said projeot, whioh said bonds are designated and known as Pier Bonds, 1940. LAW OFFIOE6 OF —2e- ........... S'. 205 SPVR.EON BLDG. SANTA ANA. OALIF.. • 1 2 3 4 FOURTH: Resolved, that in addition to all other taxes herein levied for municipal purposes, there is hereby levied on all of the taxable property within the City of Newport Beach a tax for purpose of raising the necessary and sufficient money to pay 5 the annual interest on $150,000 bonds of the City of Newport Beach, 6 issued and sold for the completion of the municipal water system 7 thereof, issued, outstanding and unpaid for the City of Newport 8 Beach, and also such part of the principal thereof as shall become 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 LAW OFFICES OF ROLAND THOMPSON 208 SPURGEON BLDG. SANTA ANA. CALIF.. before the time of fixing the next general tax levy in and for said city; and for the further purpose of paying the annual interest on $225,000 bonds of the City of Newport Beach, issued and sold for the erection and construction of jetties and the improvement of said jetties, issued, outstanding and unpaid of the City of Newport Beach, and known as the Jetty Bonds of 1927; and also such part of the principal thereof as shall become due before the time of fixing the next general tax levy in and for said city; and for the further purpose of paying the annual interest of $40,000 bonds of the City of Newport Beach, issued and sold for the improvement of the harbor of the City of Newport Beach, and the construction of various groins for the purpose of controlling the tide and protecting the existing jetties and shore lands, issued, outstanding and unpaid of the City of Newport Beach, and known as the Newport Beach Harbor Improvement Bonds of 1929, and also such part of the principal thereof, as shall become due before the time of fixing the next general tax levy in and for said city; and also a tax for the purpose of raising the necessary and sufficient money to pay the annual interest on $110,000 bonds of the City of Newport Beach, issued and sold for the acquisition and construction of a municipal improvement, to -wit, additions to the municipal sewer system including the acquisition of lands and rights -of -way, and the acquisition and construction of a main sewer line and discharge lines, a sewage disposal plant, sewage works, pumping plants and buildings and equipment necessary -3- 7 1 2 3 4 5 6 7 8 9 10 11 12 13' 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 LAW OFFICES OF ROLAND THOMPSON 208 SPURGEON BLDG. SANTA ANA. CALIF., or convenient for said project, which said sewer bonds are known a designated as Newport Beach Municipal Sewer Bonds of 1936, issued, outstanding and unpaid of the City of Newport Beach, and also such part of the principal thereof as shall become due before the time of fixing the next general tax levy in and for said city; and also a tax for the purpose of raising the necessary and sufficient money to pay the annual interest on $94,000 bonds of the City of Newport Beach, issued and sold for the acquisition and construction of a municipal improvement, to -wit, the acquisition, construction and r, construction of two (2) public piers, including the reconstruction and extension of the existing piers into the waters of the Pacific Ocean, including buildings and structures necessary or convenient for said project, which said pier bonds are known and designated as Pier Bonds, 1940, issued, outstanding and unpaid of the City of Newport Beach, and also such part of the principal thereof as shall become due before the time of fixing the next general tax levy in and for said city. The rate of tax hereby levied for the purpose of paying the interest and principal of said water bonds, and said jetty bond , and said Newport Beach Harbor Improvement Bonds of 1929, and New- port Beach Municipal Sewer Bonds of 1935,and Pier Bonds, 1940, as aforesaid, is hereby fixed at thirty -two cents (32¢) on each One Hundred Dollars ($100) of value. FIFTH: Resolved, that in addition to all other taxes herein levied there is hereby levied on all the taxable property within the City of Newport Beach, a tax of seven cents (7¢) on each One Hundred Dollars ($100) for advertising purposes, pursuant to the provisions of Ordinance No. 144 submitted to and carried by a majority of the votes of all the voters voting at an election held for the purpose of voting for or against said ordinance on the 24th day of September, 1918. SIXTH: Resolved, that 1n addition to all other taxes he in levied, there is hereby levied on all of the taxable property E_ • 0 • � II • ti 1 2' 3 4 5 6 7 s 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 within the City of Newport Beach a tax of three cents (3¢) on each One Hundred Dollars ($)100) of assessed valuation, for park purposes pursuant to the provisions of Ordinance No. 380 of the City of New- port Beach, submitted to and carried by a majority of the votes of all voters voting at an election held for the purpose of voting for or against said ordinance on May 28, 1938. SEVENTH: Resolved, that in addition to all other taxes herein levied, there is hereby levied on all of the taxable proper- ty within Municipal Improvement District No. 2 of the City of New- port Beach, a tax of six cents (6¢) on each one hundred dollars ($100) of assessed valuation for the payment of semi- annual interest on and the redemption of the bonds of said district. EIGHTH: Resolved, that in addition to all other taxes herein levied, there is hereby levied on all of the taxable proper- ty within Municipal Improvement District No. 3 of the City of New- port Beach, a tax of Thirteen Cents (13¢) on each One Hundred Dollars ($100) of assessed valuation, for the payment of semi- interest on and the redemption of.the bonds of said district. NINTH: Resolved, that in addition to all other taxes herein levied, there is hereby levied on all of the taxable proper- ty within Municipal Improvement District No. 7 of the City of New- port Beach,.a tax of twelve cents (12¢) on each One Hundred Dollars (4100) of the assessed valuation for the payment of semi -annual interest on and the redemption of the bonds of said district. TENTH: In addition to all other taxes herein levied, there is hereby levied upon all of the taxable property within the City of Newport Beach a tax of twelve cents (12¢) on each One Hun- dred Dollars ($100), said amount being sufficient to raise the amount estimated by the City Council of the City of Newport Beach as being sufficient to raise the amount estimated by the City Council to be required to provide sufficient revenue to meet the obligation of the City to the Retirement System under Section 58 -c LAW OFFICES OF I -� ROLAND THOMPSON 11I 208 SPU .EON BL... SANTA ANA. CALIF.. • • .II ..i, r...: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 iz 23 24 25 26 27 28 29 .30 31 32 of the "State Employees Retirement Act", Statutes of 1931, page 1442, and amendments thereto, as well as sufficient under sub-sec- tion 5 of Section 38 -0 of the same Act, and said rate of taxation is in addition to the annual rate of taxation allowed by law to be levied in the City of Newport Beach. The above and foregoing Resolution was passed, adopted, and approved by the City Council of the City of Newport Beach, at a. regular meeting thereof held on the 3rd day of September, 1946, by the following vote, to -wit: rrkk'1� r AYES, COUNCILMEN: IAXJI�n li _ NOES, COUNCILMEN:_ ABSENT, COUNCILMEN: The above and foregoing Resolution No. s approved by me this 3rd day of September, 1946. AeEST: � � Mayor LAW OFFICES OF RCLAN0 THOMPSON -6- 208 SPURCEON BLOC. SANTA ANA. CALIF.. • STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF 14EWFORT BEACH ) 6 &I I, MARGERY SCHROUDER, City Clerk of the City of Newport Beach, California, do hereby certify that according to the records of the City of Newport Beach filed and i:iaintained in my office, the foregoing Resolution No. 3385 was duly and regularly adopted, passed, and approved by the City Council of the City of Newport Beach, California, at a regular meeting of said City Council held at the regular meeting place thereof, on the 3d day of September 9 1946 ) by the following vote, to wit: AYES, COUNCILMEN: NOES, COUNCILMEN: ABSr1VT, COUNCILMEN Dated this 7th Allen, Siler, Isbell, Robertson, Reed None None day of October , 19 59, City Clerk and Ex- Officio Clerk of the City Council, City of Newport Beach, State of California.