HomeMy WebLinkAboutResolution No. 2445 RESOLUTION NO. 2445
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
FIXING THE RATE OF TAXES FOR THE FISCAL YEAR BEGINNING
JULY 1, 1970, 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
various lighting districts of said City hereinafter specified, for the fis-
cal year beginning July 1, 1970, 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, 1970, 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 $37,755,065 $2,889,330
Downey City Lighting District, Zone 1 25 486,970
Downey City Lighting District, Zone 2 463,185 -0-
Downey City Lighting District, Zone 3 3 496,650
Downey City Lighting District, Zone 4 2 4,580
For the Maintenance and Operation
Downey County Lighting District .1084 .1084
Downey City Lighting District, Zone 1 .2100 .2000
Downey City Lighting District, Zone 2 .1100 -0-
Downey City Lighting District, Zone 3 .1623 .1000
Downey City Lighting District, Zone 4 .3400 .3367
SECTION 2. The City Clerk shall certify to the adoption of this
resolution.
APPROVED AND ADOPTED this 25th day of August, 1970.
7
Mayor
ATTEST:
City Clerk
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
25th day of August, 1970, by the following vote, to wit:
AYES: 4 Councilmen: Ferris, Morton, Jennings, Corbin
NOES: 0 Councilmen: None
ABSENT: 1 Councilmen: Winton
City Clerk