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HomeMy WebLinkAboutResolution No. 3162 RESOLUTION NO. 3162 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY SETTING NECESSARY REVENUE FROM PROPERTY TAXES /ASSESSMENTS FOR FISCAL YEAR 1975 -76 THE CITY COUNCIL OF THE CITY OF DOWNEY RESOLVES AS FOLLOWS: SECTION 1. That the amount of direct revenue from property taxes upon assessable property within the City of Downey necessary to assist in the support of the several departments and to pay other operating indebted- ness of said City for the fiscal year commencing July 1, 1975 is: $ 1,717,600. SECTION 2. That the amount of revenue from property assessments upon assessable property within the City of Downey required to maintain and operate the Downey City Lighting District for the fiscal year commencing July 1, 1975 is: Account No. 143.64 Zone 1 Residential $ 105,520 143.65 Zone 2 Commercial $ 82,750 143.51 Zone 3 Safety Lighting $ - -- 143.66 Zone 4 Holding (Installation) $ 4,000 SECTION 3. The City Clerk shall certify to the adoption of this Resolution, and appropriate distribution thereof. APPROVED AND ADOPTED this 26th day of August, 1975. I l C. Q.,- 1, (::::). J seph E. DiLoreto, Mayor ATTEST: ; ., i' ,✓ � . W 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 26th day of August, 1975, by the following vote, to wit: AYES: 4 Councilmen: Scotto, Jennings, Greene, DiLoreto NOES: 0 Councilmen: None ABSENT: 1 Councilmen: Winton M, '. l ,✓ u= , / Y - / City Clerk