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HomeMy WebLinkAboutCC Reso No 1979-26RESOLUTION NO.~. ~9-z5 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE ESTABLISHING THE AD VALOREM TAX RATE FOR FISCAL YEAR }979-1980. WHEREAS, the City of Lake Elsinore was incorporated April 23, 1888, and; WHEREAS, the City provides municipal services to its property owners and constituents, and; WHEREAS, these services incur an expense to the end that the appropriation of such money to cover these expenses is derived from the taxing of properties, and; WHEREAS, the City desires to continue to improve upon these various municipal services, and; WHEREAS, grants, subventions,and other monies, together with the ad valorem tax rate provide for the payment of these services; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Lake Elsinore does hereby estabTish the following tax rate to appropriate sufficient monies to wit: TOTAL TAX RATE $1.40 Per $100.00 Assessed Value APPRO~ED AND ADOPTED this 27th day of Aucrust 1979. Nap Harris, Mayor City of Lake Elsinore ATTEST: Florene Marshall, City Clerk City of Lake Elsinore