HomeMy WebLinkAboutCC Reso No 1975-361
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RESOLi1TION NO, 75-36
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LAKE ELSINORE E5TABLISHING THE AD VAIAREM TAR
RATE FOR FISCAL YEAR 1975-1976,
Wf~REAS, the C1ty of Lake Elsinore was incorporated April 23, 1888, and
WHEREAS, the City provides municipal services to its property owners
and constituents, and
WHEREA3, these services incur an expense to the end that the appropriation
oP such money to cover these expenses in derived Prom the taxing of properties,
and
WHEREAS, the City desires to continue to improve upon these various
municipal services, and
WHfiREAS, grants, subventions and other monies, together with the ad
valorem tax rate provide for the payment of these servicea,
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Lake
El~inore does hereby establish the following tax rates to appropriate
suPficient monies to wit:
(1) General Fund -$1,00 per $lUU assessed value.
(2) Park Fund - .30 per $100..assessed value.
(3) Employee's Retirement Trust Fund -
.10 per $100 assessed value.
TOTAL TAX RATE - $1.40 per $100 assessed nalue.
ppPROVED AND ADOPTID this 1$th day of August, 1975.
APPROVED:
~r7 ~
orman L. ChafPin, Mayo/
ATTEST:
~ ~.~'>v~~~-`~fi?~~%~.°'~-~-~
City Clerk
I, Florene Marshall, the City Clerk of the City of Lake Sisinore, California,
hereby certify that the foregoing Resolution, being No, 75-36' was duly and
regularly adopted by the City Council of the City oY Lake Elsinore on the
18th day of August, 1975.
~~ ~~Fa~/`~-~~~~~ ~~O
F~~rene Marahall~ City Clerk