HomeMy WebLinkAboutResolution No. 0651 I
1
RESOLUTION NO. 651
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
FIXING THE RATE OF TAXES FOR THE FISCAL YEAR BEGINNING
JULY 1, 1960
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 of the
City of Downey, as a revenue to carry on the various departments of said
City for the fiscal year beginning July 1, 1960, 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 begin-
ning July 1, 1960, 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 Equaliza-
tion 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
1 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 $121,447,000.00 $ .29 $352,196.30
Unsecured Roll 21,758,640.00 $ .29 63,100.06
$143,205,640.00 xxxxx $415,296.36
SECTION 3. The City Clerk shall certify to the adoption of this
resolution.
APPROVED AND ADOPTED this 23 day of August , 1960.
r.. "✓.1 ! (. ti "�..:
Mayor Pro Tempore
ATTEST:
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Deputy City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES) SS
CITY OF DOWNEY )
I, ALBERTA M. PFEIFFER, Deputy City Clerk of the City of Downey, hereby
certify that the foregoing resolution was duly adopted by the City Council of
the City of Downey at a regular meeting thereof held on the 23 day of
August , 1960, by the following vote of the Council, to wit:
AYES: 4 Councilmen: Temple, Corbin, Giddings, Dunnum
NOES: Councilmen:
ABSENT: 1 Councilmen: Peavey j
Deputy City Clerk