HomeMy WebLinkAboutResolution No. 2117 RESOLUTION NO. 2117
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
FIXING THE RATE OF TAXES FOR THE FISCAL YEAR BEGINNING
JULY 1, 1968, FOR THE LIGHTING DISTRICTS WITHIN THE CITY
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 within the hereinafter
specified lighting districts, as a revenue to maintain and operate the vari-
ous lighting districts of said City hereinafter specified, for the fiscal
year beginning July 1, 1968, the rates of taxes for each of said different
districts hereby are fixed, and taxes hereby are levied on all taxable
property in said different districts for the fiscal year beginning July 1,
1968, in the number of cents upon $100.00 of the assessed value of said
property assessed by the State Board of Equalization and equalized by said
Board and for the purpose and districts set forth in the following table,
and the taxes levied upon each such lighting district hereinafter described
and designated by name and at the rates as hereinafter stated.
Downey County Lighting District. All that portion of the City of Downey
included within the boundaries of said district as originally formed and as
the same may have been changed by annexations thereto or withdrawals therefrom.
Downey City Lighting District, Zone 1. All that portion of the City of
Downey included within the boundaries of said district as originally formed
and as the same may have been changed by annexations thereto or withdrawals
therefrom.
TABLE
ASSESSED VALUE
Taxation District
Assessed Value Secured Unsecured
Downey County Lighting District $36,521,535 $2,414,437
Downey City Lighting District, Zone 1 19 194,210
Downey City Lighting District, Zone 2 459,225 740
Downey City Lighting District, Zone 3 538,360 None
Downey City Lighting District, Zone 4 673,470 None
For the Maintenance arid. Operation
Downey County Ligncing District .084494 .088700
Downey City Lighting District, Zone 1 .200000 .200000
Downey City Lighting District, Zone 2 .092386 .100000
Downey City Lighting District, Zone 3 .120737 None
Downey City Lighting District, Zone 4 .461193 None
SECTION 2. The City Clerk shall certify to the adoption of this resolution.
APPROVED AND ADOPTED this 27th day of August, 1968.
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Mayor
ATTEST:
'or City Clerk `' G
I 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 27th day
of August, 1968, by the following vote, to wit:
AYES: 4 Councilmen: Corbin, Temple, Ferris, Morton
NOES: 0 Councilmen: None
ABSENT: 1 Councilmen: Winton
City Clerk l ''