HomeMy WebLinkAbout7517 - Assessment District 50 - Balboa Island Street Lighting DistrictRESOLUTION NO. 7517
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH FIXING THE TAX RATE AND
LEVYING A TAX UPON ALL OF THE TAXABLE PROPERTY
WITHIN THE CITY OF NEWPORT BEACH WHICH IS
TAXABLE THEREIN FOR MUNICIPAL PURPOSES AND
• LEVYING A SPECIAL ASSESSMENT TAX UPON THE
TAXABLE PROPERTY LOCATED WITHIN ASSESSMENT
DISTRICT NO. 50 (BALBOA ISLAND STREET LIGHTING
DISTRICT)
Pursuant to Section 1107 of the City Charter, Section
3.08.010 of the Newport Beach Municipal Code, Section 18168 of the
Streets and Highways 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 taxable
property within the City of Newport Beach which is taxable for munici-
pal 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, 1971 -72. The rate of
the tax hereby levied shall be fixed at the sum of $1.20 on each One
Hundred Dollars ($100) of assessed value, said tax to be levied on
said taxable property within the following code areas:
7 -001
7 -002
7 -003
7 -004
7 -005
7 -006
7 -007
7 -008
7 -009
7 -010
7 -011
7 -014
7 -015
7 -016
7 -017
7 -018
7 -019
7 -020
7 -021
7 -022
7 -023
7 -024
• 7 -012 7 -025
7 -013 7 -026
7 -027
7 -028
7 -029
7 -030
7 -032
7 -033
7 -034
7 -035
7 -036
7 -037
7 -038
7 -039
7 -041
7 -042
7 -043
7 -044
7 -045
7 -046
7 -047
7 -048
7 -055
7 -056
7 -057
7 -058
7 -059
7 -060
7 -061
7 -049
7 -062
7 -050
7 -063
7 -051
7 -064
7 -052
7 -065
7 -053
7 -066
7 -054
7 -067
se
7 -068
7 -069
7 -070
7 -071
7 -072
7 -073
7 -074
7 -075
7 -076
7 -077
7 -078
7 -079
7 -080
7 -081
7 -082
7 -083
7 -084
7 -085
7 -086
7 -087
7 -087
7 -088
7 -089
•
0
designated and itemized for each fund as follows:
General Fund $ .7839
Park and Recreation Fund $ .1346
Library Fund $ .1233
Retirement Fund $ .1582
SECTION 2. Pursuant to Section 18168 of the Streets and
Highways Code of the State of California, a special assessment tax
is hereby levied upon all the lands, exclusive of improvements,
excepting any lands owned by the City of Newport Beach, within
Assessment District No. 50 (Balboa Island Street Lighting District),
The rate of the tax hereby levied shall be fixed at the sum of $.0101
on each One Hundred Dollars ($100) of assessed value, said tax to be
levied on said taxable property within code area 7 -067. Said taxes
when collected shall be paid into the City Treasury to the credit
of the Special Lighting District No. 50 Account.
ADOPTED this 23rd day of August , 1971 .
ATTEST:
City Clerk
CERTIFI AS THE ORI0I11A1
CITY CLERK OF THE C/ OFNEWp MACH
-2-
Mayor