CC RES 1974-068 RESOLUTION NO. 74-68
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF RANCHO PALOS VERDES FIXING THE
TAX RATE AND LEVYING TAXES FOR THE
1974-1975 FISCAL YEAR ON PROPERTY WITHIN
THE CITY
THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES
RESOLVE AS FOLLOWS:
Section 1. This City Council has heretofore
adopted Resolution No. 74-63 in which the' City Council has
determined and fixed the sum of $324 ,292 as the amount of
revenue from property taxes necessary to support the depart-
ments of the City for the current 1974-1975 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 $178 ,246 ,410.
Section 3 . The City Council hereby fixes the rate
of tax of the City of Rancho Palos Verdes for the 19 74-19 75
fiscal year at $0 .1820, 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 subject to taxa-
tion, 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 forthwith to post copies of this resolution in
three public places in the City of Rancho Palos .Verdes desig-
nated for the posting of ordinances and notices of the City.
PASSED, APPROVED AND ADOPTED this 20th day of
August, 1974, on the following roll call vote:
AYES: Buerk, Dyda, Ruth, R. Ryan, M. Ryan
NOES: None
ABSENT: None
MAYOR
I HEREBY CERTIFY that the foregoing is a true and
correct copy of a resolution passed and adopted by the City '
Council of the City of Rancho Palos Verdes at a regular meet-
ing thereof held on the 20th day of August, 1974.
LEONARD G. WOOD, City Clerk and
Ex Officio Clerk of the Council
By CA-1)10 (3014.,60%-".-
Deputy