HomeMy WebLinkAbout797 - Property Tax Levy1�I RESOLUTION NO.
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hereinafter levied shall be and is hereby
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY
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OF NEWPORT BEACH, FIXING THE RATE PER CENTUM
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AND LEVYING A TAX UPON ALL OF THE TAXABLE
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PROPERTY WITHIN THE CITY OF NEWPORT BEACH
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WHICH IS TAXABLE THEREIN FOR MUNICIPAL PURPOSES,
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For the current expense fund —
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The City Council of the City ofNewport Beach do
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resolve and declare as follows:
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lst. Resolved, that there be and is hereby levied upon
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all of the taxable property within the City. of Newport Beach
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which is taxable therein for municipal purposes, a tax for the
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purpose of raisizgthe necessary money with which to carry on the
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various departments of the City of Newport Beach for the current
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fiscal year.
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I 2nd. Resolved, that the rate per centum of the tax
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hereinafter levied shall be and is hereby
fixed as
the sum of
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one dollar three cents ($1.03) on each one
hundred
dollars of
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value designated for each fund as follows:
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For the current expense fund —
One Dollar ($1.00)
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For the library fund —
Three
cents($ .03)
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Total tax levy —
One Dollar three
cents
($1.03)
23 3rd. Resolved, tht in addition to all other taxes
24 herein levied for municipal p purposes, there i8 hereby levied
25 on all of the taxable property within the City of Newport Beach
26 a tax for the purpose of raising the necessary and sufficient
27 money to pay the annual interest on all issued, outstanding and
28 unpaid municipal bonds of the City of Newport Beach, and also
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such part of the principal thereof as shall become due before
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the time for fixing the next general tax levy in and for said
31 City, the rate hereby evied for said
Y purposes is fixed at
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ROLAND THOMPSON
ATiOANBY AT LAW
SANTA ANA. CALK.
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ROLAND Y14OMPSON
ATTCNN.T AT LAW
BANTA ANA. CALIF.
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thirty -two (32) cents on each one hundred dollars ($100.00) of
value, and the same shall.be collected at the same time and
in the same manner as all other municipal taxes are collected
excepting upon property annexed at an election held the llt h day
of February, 1924, and known as Corona Del Mar, provided that
the said taxes herein levied shall be exclusive of any tax
levied for the payment of interest and principal of 0280,000.00
bonds of the City of Newport Beach issued and sold for the
completion of the municipal water system thereof, and $420,000.00
bonds for the City of Newport Beach issued and sold for the
iconstruction and improvement of jetties in the City of Newport
iBeach and known as the Jetty Bonds of 1927, and $170,000.00
(bonds of the City of Newport Beach, for the acquisition, con -
struction and completion, by the City of Newport Beach, of a
certain municipal improvement, to -wit, the improvement of the
municipal harbor by deepening and dredging the channel, and by
the acquisition and construction of various groins for the purpose
of controlling the tide and protecting the existing jetties and
shore lands, and including for said purpose the acquisition of
lands and rights of way, which said bonds are known and designated
as Newport Beach Hax1mor Improvement Bonds of 1929.
4th. 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 the purpose of raising the necessary and sufficient
money to pay the annual interest on $280,000.00 bonds of the City
of Newport Beach, issued and sold for the completion of the
municipal water system thereof, 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 for fixing the next
general tax levy in and for. said City, and for the further purpose
of paying the annual interest on $420,000.00 bonds of the City
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ROLAND TNOMPSON
wrroX ner wr �ww
.wniw wXw� CwuV.
of Newport Beach, issuee/and sold for the erection and construction
of jetties and the improvement of said jetties, issued, outstandi
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 sha
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 on $170,000.00 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, ott standing 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.
The rate of tax hereby levied for the purpose of
paying the interest and principal of said water bonds and said
Jetty bonds, and said Newport Beach Harbor Improvement Bonds of
1929, as aforesaid, is hereby fixed at Ninety (90) cents on each
one hundred dollars (0100.00) of value.
5th. Resolved, that in addition to all other taxes
herein levied there is hereby levied on all the taxabble property
within the City of Newport Beach a tax of ten (10) cents on each
one hu}idred dollars (0100.00) 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, 1916.
6th. Resolved, that in addition to all other
taxes herein levied, there is hereby levied on all of the taxable
property within the city of NewportBeach a tax of three cents (30
on each one hundred dollars ($100.00) of assessed valuation,
rzr.
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ROLAND THOMPSON
ATTORNEY AT LAW
SANTA ANA.CALIY.
N CR,
11th. Resolved, that in addition to all other taxes
herein levied, there is hereby levied on all of the taxable
property within Municipal Improvement District No. 7 of the City o
Newport Beach, a tax of thirty —five (35) cents on each one hundred
dollars ($100.00) of the assessed valuation for the payment of as
annual interest on and the redemption of the bonds of said distri
12th. Resolved, that in addition to all other taxes
herein levied, there is hereby levied on all of the taxable lands
within the assessment district created by Resolution of Intention
No. 622, of the city of Newport Beach, in the matter of" Acquisiti
and Improvement District No. 1 of the City of Newport Beach, a
levy of special assessment taxes of two dollars and twenty cents
($2.20) on each $100.00 of the total assessed value of said lands
within said district, exclusive of the improvements thereon, for
the purpose of creating a special fund for the payment of princip
and interest on bonds issued in accordance with law, and the said
Resolution of Intention No. 622 in the matter of Acquisition and
Improvement District No. 1 of the city of Newport Beach.
The above and foregoing Resolution was passed, adopted
land approved by the City Council of the City of Newport Beach at a
(regular meeting thereof held on the 4th day of September, 1933]
by the following vote, to —gait:
AYES, COUNCILMEN:
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NOES, COUNCILMEN:
ABS$NT, COUNCILMEN:
The above and foregoing Resolution No. is
oved by me this 4th day of September, 1933.
ST': "D4 / i/ Mayor of the city of Newport Beach
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(SEAL)
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 Noe 797 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 41h day of September 19 33 , by the following
vote, to wit:
AYES, COUNCILMEN:
NOES, COUNCILMEN:
ABSENT, COUNCILMEN:
Gordon, Claire, Ellsworth, Garfield,
None
Dated this 9th day of Ma
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Cite rc an Ex- c of er of the
City Council, City of Ne*aport Beach,
State of California. ?t
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