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HomeMy WebLinkAboutOrdinances_1174_CCv0001.pdf ORDINANCE NO. 1174 AN ORDINANCE OF THE CITY OF REDLANDS FIXING THE RATE AND LEVYING THE PROPERTY TAX FOR THE FISCAL YEAR 1,961 - 1962 IEE CITY COUNCIL OF THE CITY OF REDLANDS DOES ORDAIN AS FOLLOWS-. SECTION ONE: There is hereby :levied upon all taxable property in the City of Redlands., ;;liforniaj except those portions included in Annexations Nos. 41 51 6, 7 and 9q so called, for the fiscal year 1961-1962 a property tax of One Dollar and Eighty—five Cents tLL51 on each One Hundred Dollars ($100.00) of the assessed value of such property apportioned as follows: Eighty-four Cents .84 for the General Fund Forty-five Cents .45 for Park and Recreation Fund Twenty-three and one-half Cents .235 for the Library Fund Twenty-eight Cents .28 for the Retirement Fund Four and one-half Cents .045 for the Redemption and Interest of Redlands City Water Bonds SECTION TWO.- There is hereby levied upon all taxable property in those portions of the City of Redlandsq California., known as Annexations Nos. 4, 5, 6, 7 and 9, part or portion thereof, for said fiscal year 1961-1962, a property tax of One Dollar and Eighty and one-half Cents ($1.805) on each One Hundred Dollars (M-T.70-Tof the assesseT77allue of such property approtioned as follows- Eighty-four Cents .84 for the General Fund Forty-five Cents .45 for the Park and Recreation Fund Twenty-three and one-half Cents .235 for the Ii-brary Fund Twenty-eight Cents .28 for the Retirement Fund SECTION THREE: It is hereby found and declared and determined that this ordinance is urgently required for the peace, health and safety in that it is necessary to levy a valid tax for the purpose aforesaid, and without which there will be no revenue or funds to defray the expenses of said City, and this ordinance will take effect and be in force immediately after its passage and approval. SECTION FOUR: The City Clerk shall certify to the passage of this ordinance and gh-all cause same to be published once in the Redlands Daily Facts. ATTEST: I, A City qlerk Mayor of the My of Regl,ands I hereby certify at the foregoing ordinance was duly adopted at cin adjourned regular meeting of the City Council held on the 28 day of AuEast 19615 by the follows.ng roll-call vote: AYES., Councilmen iTiartinez,Burroughs,Wilson,Parker NOES: None ABSENT: Councilman Ward