HomeMy WebLinkAbout143 - Rate Per Centum & Property Taxes1
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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.
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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.
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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.