Loading...
HomeMy WebLinkAbout5301 - Property TaxRESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH FIRING THE TAX RATE AND LEVYING A -toTAR UPON ALL OF THE TAXABLE PROPERTY WITHIN THE CITY OF NEWPORT BEACH, WHICH IS TAXABLE THEREIN FOR MUNICIPAL PURPOSES Pursuant to Section 1107 of the City Charter and Section 2600 of the Newport Beach Municipal Code, the City Council of the City of Newport Beach does resolve and declare as follows: SECTION 1. There is hereby levied upon all of the tax- able property within the City of Newport Beach which is taxable for municipal purposes, a tax for the purpose of raising the necessary money with which to carry on the various departments and obligations of the City of Newport Beach for the current fiscal year, 1960 -61. SECTION 2., The rate of the tax hereby levied shall be and is hereby fixed at the sum of $1.35 on each One Hundred Dollars ($100,00) of assessed value; said tax to be levied on said taxable property within the following code areas: 7 01 7 27 7 36 7 44 7 52 7 59 7 68 7 04 7 32 7 37 7 46 7 53 7 60 7 69 7 05 7 33 7 38 7 47 7 54 7 61 7 70 7 07 7 34 7 40 7 48 7 55 7 62 7 17 7 35 7 41 7 49 7 58 7 64 designated and itemized for each fund as follows: General Fund .88 Park & Recreation Fund .15 Library Fund .09 Advertising Fund .005 Retirement Fund .20 General City Bond 'Fund .025 SECTION 3. The rate of the tax hereby levied shall be and is hereby fixed at the sum of , $1.325 on each One Hundred Dollars ($100.00) of assessed value; said tax to be levied "on said taxable property within the following code areas: 7 02 7 11 7 19 7 25 7 39 7 56 7 03 7 13 7 20 7 26 7 42 7 57 7 06 7 14 7 21 7 28 7 43 7 63 7 08 7 15 7 22 7 29 7 45 7 65 7 09 7 16 7 23 7 30 7 '50 7 66 7 10 7 18 7 24 7 31 7 51 7 71 designated and itemized for each fund as follows: General Fund .88 Park & Recreation Fund .15 Library Fund .09 Advertising Fund .005 Retirement Fund .20 This resolution was adopted by the City Council of the City of Newport Beach at a regular meeting on.the day of August, 1960, by the following vote, to wit: AYES, COUNCILMEN° NOES, COUNCILMEN: 2t� ABSENT COUNCILMEN: ATTEST: City Clerk • e STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF NEWPORT BEACH) 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 maintained in my office, the foregoing Resolution No, 5301 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 8th day of August 1960 by the following vote, to wit: AYES, COUNCILMEN: NOES, COUNCILMEN: ABSENT, COUNCILMEN: Dated this 10th Kingsley, Atkinson, Cook, Stoddard, Hart, Lorenz, Somers None None day of August , 1960 City Clerk Ex-W lc o Clerk or the City Council, City of Newport Beach, State of California,