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HomeMy WebLinkAboutCC Reso No 1973-14451 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16. 17 I8 19' 20 21 22 23 24 25 26 27 28 29 30 31 i RESOLUTIOPI NO. 1445 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ELSINORE ESTABLISHING THE AD VALOREM TAX RATE FOR FISCAL YEAR 1973-1974 WHEREAS, the City of 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 £rom the taxing o£ 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 Elsinore does hereby establish the following tax rates to appropriate sufficient monies to wit: (1) GeneraL Fund',-'$1.00 per $100:00 assessed value; (2) Park Fund -$0.30 per $100.00 assessed value; (3) Employees' Retirement Trust Fund -$0.10 per $100.00 assessed value7 TOTAL TAX RATE -$1e40 per $100.00 assessed value APPROVED P.ND ADOPTED this 23rd day of July, 1973. City of Elsinore TTEST: Florene Marahall ity Clerk of the City of Elsinore Nlayor 32