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1 <br />2 <br />3 <br />• 4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />• <br />i <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 />ROLAND THOMPSON <br />AT ORNer AT LAW <br />BANTA ANA, CALIF. <br />RESOLUTION N0. 0 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />NEWPORT BEACH, FIXING THE RATE PER CENTUN AND <br />LEVYING A TAX UPON ALL OF THE. TAXABLE PROPERTY <br />WITHIN THE CITY OF NEWPORT BEACH WHICH IS TAXABLE <br />THEREIN FOR MUNICIPAL PURPOSES. <br />The City Council of the City of Newport Beach does <br />resolve and declare as follows: <br />1st. Resolved, that there be and is hereby levied upon <br />all of the taxable property within the City of Newport Beach <br />which is taxable therein for municipal purposes, a tax for the <br />purpose of raising the necessary money with which to carry on <br />the various departments of the City of Newport Beach for the <br />current fiscal year: <br />2nd. Resolved, that the rate per centum of the tax <br />hereinafter levied shall be and is. hereby fixed as the sum of <br />One.Dollar: three cents ($1.03) on each one hundred dollars of <br />value designated for each fund as follows: <br />For the current expense fund - ---- One Dollar ($1.00) <br />For the library fund = ------ - - ---- Three cents(yo .03) <br />Total tax levy-------------- - - ---- One Dollar three <br />cents ($1.03). <br />3rd. Resolved, that in addition to all other taxes <br />herein levied for municipal purposes, there is hereby levied <br />on all of the taxable property within the City of Newport Beach <br />a 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 />isuch 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 />