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HomeMy WebLinkAbout5465 - Fixing Tax Rate Levying Tax° RESOLUTION NO. 5465 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH FIXING THE TAX RATE AND LEVYING A TAX UPON ALL OF THE TAXABLE PROPERTY WITHIN THE CITY OF NEWPORT BEACH, WHICH IS TAXABLE THEREIN FOR MUNICIPAL PURPOSES. Pursuant to Section 1107 of the City Charter and Section 2600 of the Newport Beach Municipal Code, the City Council of the City of Newport Beach does resolve and declare as follows: SECTION 1. There is hereby levied upon all of the taxable property within the City of Newport Beach which is taxable for municipal purposes, a tax for the purpose of raising the necessary money with which to carry on the various departments and obligations of the City of Newport Beach for the current fiscal year, 1961 -62. SECTION 2. The rate of the tax hereby levied shall be and is hereby fixed at the sum of $1.24 on each One Hundred Dollars ($100.00) of assessed value; said tax to be levied on said taxable property within the following code areas: 701 708 716 723 730 737 744 751 758 765 702 709 717 724 731 738 745 752 759 7 66 7 03 7 10 7 18 7 25 7 32 7 39 7 46 7 53 7 60 7 68 704 711 719 726 733 740 747 754 761 769 705 713 720 727 734 741 748 755 .762 770 7 06 7 14 7 21 7 28 7 35 7 42 7 49 7 56 7 63 7 71 707 715 722 729 736 743 750 757 764 790 designated and itemized for each fund as follows: 'General Fund .85 Park & Recreation Fund .14 Library Fund .0825 Advertising Fund .0025 Retirement Fund .1650 This resolution was adopted by the City Council of the City of Newport Beach at a regular meeting on the 14th day of August, 1961, by the following vote, to wit: -` AYES, COUNCILMEN: Kingsley, Atkinson, Cook, Hart, Lorenz NOES, COUNCILMEN° None ATTEST: ABSENT COUNCILMEN: Stoddard, Somers Ci y Cl k Mayor Pro temm�- --r 0 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 No, 5465 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 14th day of August , 1961 , by the following vote, to wit: AYES, COUNCILMEN: Kingsley, Atkinson, Cook, Hart, Lorenz NOES, COUNCILMEN: None ABSENT, COUNCILMEN: Stoddard, Somers Dated this 16th day of August , 19 61 City Clerk an x-OffiEio Clerk o tae City Council, City of Newport Beach, State of California. 6