HomeMy WebLinkAboutResolution No. 481 {
RESOLUTION NO. .#/
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
FIXING THE RATE OF TAXES FOR THE FISCAL YEAR BEGINNING
JULY 1, 1959
THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS:
SECTION 1. That for the purpose of raising the sums of money
necessary to be raised by taxation upon the taxable property Y y p pro ert of the
City of Downey, as a revenue to carry on the various departments of
said City for the fiscal year beginning July 1, 1959, the rates of taxes
for the different portions of said city are hereby levied on all taxable
property in the different portions of said city for the fiscal year be-
ginning July 1, 1959, in the number of cents upon the One Hundred Dollars
of the assessed value of said property as assessed by the County Assessor and
equalized by the Board of Supervisors of the County of Los Angeles, and with
respect to certain property as assessed by the State Board of Equalization
and equalized by said Board, and for the several funds and purposes set forth
in the following table, the taxes levied upon property in each portion of said
city hereinafter described and designated by a district number being at the
rates set opposite the designation of the respective funds in the column
bounded by the district number which is prefixed to the description of such
portion of said city as hereinafter stated.
SECTION 2. All that portion of the City of Downey included within the
boundaries thereof as originally incorporated and changed by Annexations No. 1
and No. 2.
TABLE
Taxation District #1
Assessed Valuation Tax Rate Levy
Secured Roll $111,855,560.00 $ .29 $324,381.00
Unsecured Roll 16,349,130.00 $ .29 47,413.00
$128,204,690.00 xxxxx $371,794.00
SECTION 3. The City Clerk shall certify to the adoption of this resolution.
APPROVED AND ADOPTED this r ( day o f , 1959.
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City, ' lerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss
CITY OF DOWNEY )
I, DELLA DOYLE, City Clerk of the City of Downey, hereby certify that the
foregoing resolution was duly adopted by the City Council orthe Cit of Downey
at a regular meeting thereof held on the day of A4�/ ' 1959
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by the following vote of the Council, t t wit:
.'AYES: Councilmen..�
NOES: Councilmen: r .
ABSENT: Councilmen:
City lerk