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HomeMy WebLinkAbout143 - Rate Per Centum & Property Taxes1 • 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 • 28 29 30 31 32 C._PY COf Y RESOLUTION NO. 143. A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF NEWPORT BEACH FIXING THE RATE PER CENTUM AND LEVYING A TAX UPON ALL OF THE TAXABLE PROPERTY WITHIN THE CITY OF NEWPORT BEACH WHICH IS TAXABLE THEREIN FOR MUNICIRAL PURPOSES. the Board of Trustees of the City of Newport Beach do hereby resolve and declare as follows: ls.t. Resolved that there be and is hereby levied upon all of the taxable property within the City of Newport Beach which is taxable therein for municipal purposes, a tax for the purpose of raising the necessary money with which to carry on the various departments of the City of Newport Beach for the current fiscal year. 2nd. Resolved that the rate per centum of the tax hereinafter levied and shall be and is hereby fixed at the sum of 1CO cents on each one hundred dollars ($100.00) of value designated for each fund as follows: For the Salary Fund, ............. 20 cents For the Street Fund, ............. 42 cents For the Current Expense Fund, .... 35 cents For the Library Total Fund, .............. cents Y,.... 3rd. 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 all issued outstanding and unpaid municipal bonds 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: the rate of the tax hereby levied for said purpose is fixed at 80 cents on each one hundred dollars of value, and the same shall be collected at the same time and in the same manner as allcother municipal taxes are collected. -1- 11 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 • 28 29 30 31 32 4th. Resolved that'in addition to all other taxes herein levied, there is hereby levied on all the taxable property within the City of Newport Beach a tax of 15 cents on each one hundred dollars for advertising purposes, pursuant to the provision 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, 1918. The above and foregoing Resolution was passed, adopted and approved by the Board of Trustees of the City of Newport Beach at a regular meeting thereof held on the 6th day of September, 1921, by the following vote, to wit: AYES, TRUSTEES: J.P. Greeley, J.J. Schmitken, Geo.P. Wilson, Conrad Richter, L. S. Wilkinson. NOES, TRUSTEE: NONE ABSENT TRUSTEE: NONE 'he above and foregoing Resolution No. 143 is approved by me this 6th day of September, 1921. ATTEST: Alfred Smith City Clerk . J.P. Greeley President of the Board of Trustees. -2- 0 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF NEWPORT BEACH) Mae L. Hoit I, &xxYxKxWgAj$, 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 main- tained in my office, the foregoing Resolution No. 143 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 6th day of September , 19 21, by the following vote, to wit: AYES, COUNCILMEN. J.P. Greeley, J.J.Schmitken Geo. P. Wilson, Uonrad Richter, L.S. Wilkinson NOES, COUNCILMEN: None ABSENT COUNCILMEN, None Dated this 19thday of May � 19 55 1 City Clerk and Ex- Officio Clerk of the City Council, City of Newport Beach, State of California.