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CC RES 1977-063 RESOLUTION NO. 77-63 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES FIXING THE TAX RATE AND LEVYING TAXES FOR THE 1977-78 FISCAL YEAR ON PROPERTY WITHIN THE CITY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS: Section 1. This City Council has heretofore adopted Resolution No. 77-62 in which the City Council has determined and fixed the sum of $351,710 as the amount of revenue from property taxes neces- sary to support the departments of the City for the current 1977-78 fiscal year and to pay the indebtedness of the City accruing during such year. Section 2. The Los Angeles County Auditor-Controller has transmitted to the City Council a written statement showing the total value of all property in the City of Rancho Palos Verdes as ascertained from the current assessment books of Los Angeles County, as equalized and corrected, in the amount of $234,477,710. Section 3. The City Council hereby fixes the rate of tax of the City of Rancho Palos Verdes for the 1977-78 fiscal year at $0.15 and hereby levies such tax in said amount, upon each one hundred dollars ($100) of value of all property in the City of Rancho Palos Verdes sub- ject to taxation, using as a basis the value of such property as assessed and equalized. Section 4. The City Clerk is directed to transmit immediately to the Los Angeles County Auditor-Controller a certified copy of this resolution together with a statement of the tax rate fixed herein. Said City Clerk is further directed to publish this resolution within fifteen (15) days after its passage in a newspaper of general circulation published and circulated in the City. PASSED, APPROVED, AND ADOPTED this 16th day of 1977 on the following roll call vote: AYES: COUNCILMEMBER: Ruth, Dyda, and Mayor Ryan NOES: COUNCILMEMBER: Buerk ABSENT: COUNCILMEMBER: Shaw MA ATTEST: 7/6-k (det- LEONARD G. WOOD, CITY CLERK & EX OFFICIO CLERK OF THE COUNCIL /11.1 tp JP4 or / IT/CLERK d I HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No. 77-63 passed, approved and adopted this 16th day of August 1977 by the City Council of the City of Rancho Palos Verdes at a meeting thereof held on the 16th day of August, 1977. LEONARD G. WOOD, CITY CLERK & EX OFFICIO CLERK OF THE COUNCIL Alith e ilfiAd ,i !zr ;pry CLEF