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1 <br />• 2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />• 28 <br />29 <br />30 <br />31 <br />32 <br />C._PY COf Y <br />RESOLUTION NO. 143. <br />A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF NEWPORT <br />BEACH FIXING THE RATE PER CENTUM AND LEVYING A TAX UPON ALL <br />OF THE TAXABLE PROPERTY WITHIN THE CITY OF NEWPORT BEACH WHICH <br />IS TAXABLE THEREIN FOR MUNICIRAL PURPOSES. <br />the Board of Trustees of the City of Newport Beach do hereby <br />resolve and declare as follows: <br />ls.t. Resolved that there be and is hereby levied upon all of <br />the taxable property within the City of Newport Beach which is <br />taxable therein for municipal purposes, a tax for the purpose <br />of raising the necessary money with which to carry on the <br />various departments of the City of Newport Beach for the current <br />fiscal year. <br />2nd. Resolved that the rate per centum of the tax hereinafter <br />levied and shall be and is hereby fixed at the sum of 1CO cents <br />on each one hundred dollars ($100.00) of value designated for <br />each fund as follows: <br />For the Salary Fund, ............. 20 cents <br />For the Street Fund, ............. 42 cents <br />For the Current Expense Fund, .... 35 cents <br />For the Library <br />Total Fund, .............. <br />cents <br />Y,.... <br />3rd. Resolved that in addition to all other taxes herein <br />levied for municipal purposes, there is hereby levied on all <br />of the taxable property within the City of Newport Beach, a <br />tax for the purpose of raising the necessary and sufficient <br />money to pay the annual interest on all issued outstanding and <br />unpaid municipal bonds of the City of Newport Beach, and also <br />such part of the principal thereof as shall become due before <br />the time for fixing the next general tax levy in and for said <br />City: the rate of the tax hereby levied for said purpose is <br />fixed at 80 cents on each one hundred dollars of value, and the <br />same shall be collected at the same time and in the same manner <br />as allcother municipal taxes are collected. <br />-1- <br />