HomeMy WebLinkAboutResolution No. 2582 RESOLUTION NO. 2582
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
FIXING THE RATE OF TAXES FOR THE FISCAL YEAR BEGINNING
JULY 1, 1971
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, 1971, 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 beginning July 1, 1971, 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 pro-
perty 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 Annexation
No. 1 and No. 2.
TABLE
Taxation District #1
Assessed Valuation Tax Rate Levy
Secured Roll $ 207,635,510 .54 $ 1,121,232
Unsecured Roll 27,841,854 .54 150,346
$ 235,477,364 $ 1,271,578
SECTION 3. The City Clerk shall certify to the adoption of this
Resolution.
APPROVED AND ADOPTED this 24th day of August, 1971.
__/2 /) j
Mayor
ATTEST: / I
f
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
24th day of August , 1971, by the following vote, to wit:
AYES: 3 Councilmen: Jennings, Hollis, Ferris
NOES: 0 Councilmen: None
ABSENT: 2 Councilmen: Morton, Winton
City Clerk