HomeMy WebLinkAbout6864 - Assessment District 50 - Balboa Island Street Lighting Districty ,
THSoajr
8/15/68
RESOLUTION NO. 6 8 6 A
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 AND LEVYING A SPECIAL
ASSESSMENT TAX UPON THE TAXABLE PROPERTY
LOCATED WITHIN ASSESSMENT DISTRICT NO. 50
(BALBOA ISLAND STREET LIGHTING DISTRICT)
Pursuant to Section 1107 of the City Charter, Section
3 08.010 of the Newport Beach Municipal Code, Section 18168 of the Streets
and Highways Code, the City Council 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, 1968 -69. The rate of the tax hereby
levied shall be fixed at the sum of $1.225 on each One Hundred
Dollars ($100) of assessed value; said tax to be levied on said taxable
property within the following code areas-
7-001 7 -011 7 -021 7 -032 7 -042 7 -052 7 -062 7 -082
7 -002 7 -012 7 -022 7 -033 7 -043 7 -053 7 -063 7 -083
7 -003 7 -013 7 -023 7 -034 7 -044 7 -054 7 -067 7 -090
7 -004 7 -014 7 -024 7 -035 7 -045 7 -055 7 -070
7 -005 7 -015 7 -026 7 -036 7 -046 7 -056 7 -071
7 -006 7 -016 7 -027 7 -037 7 -047 7 -057 7 -073
7 -007 7 -017 7 -028 7 -038 7 -048 7 -058 7 -076
7 -008 7 -018 7 -029 7 -039 7 -049 7 -059 7 -078
0 -009 7 -019 7 -030 7 -040 7 -050 7 -060 7 -079
7 -010 7 -020 7 -031 7 -041 7 -051 7 -061 7 -081
*esignated and itemized for each fund as follows:
General Fund $ _92 -47
Park and Recreation Fund 1384
Library Fund in45
Retirement Fund -1484
V Y. b p
SECTION 2. Pursuant to Section 18168 of the Streets and
Highways Code of the State of California, a special assessment tax is
Oereby levied upon all the lands, exclusive of improvements, excepting
Ah any lands owned by the City of Newport Beach, within Assessment District
No. 50 (Balboa Island Street Lighting District), The rate of the tax
hereby levied shall be fixed at the sum of $ .0717 on each One Hundred
Dollars ($100) of assessed value; said tax to be levied on said taxable
property within code area 7067, Said taxes when collected shall be
paid into the City treasury to the credit of the Special Lighting
District No. 50 Account.
ADOPTED this,16Z2 day of August, 1968.
ATTEST: -
City C3.ercC�l� �
Certified as the original
City�Crk ot tfte Citv Newport Beach
Date: �- 3 &q
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2.