HomeMy WebLinkAbout0333NORDINANCE N0. 333 (New Series)
AN ORDINANCE LEVYING A TAX FOR THE CURRENT FISCAL
YEAR 1950 -1951 UPON ALL TAXABLE PROPERTY WITHIN THE
CITY OF SAN LUIS OBISPO, AND FIX_.ING THE RATE OF SUCH
TAX.
BE IT ORDAINED by the Council of the City of San Luis
Obispo as follows:
SECTION 1. There is hereby levied upon all taxable
real and personal property within the City of San Luis-Obispo,
County of San Luis Obispo, State of California, a tax for the
fiscal year of said City beginning on the lst day of July,1950,
and now curre' ®t, of $1.47 on each One Hundred Dollars in value
of said property, for the purposes herein specified and appor-
tioned among the funds in the, City Treasury, as follows:
1. For the General Fund there is levied a tax of $.81
on each One Hundred Dollars in value of said property.
2. For each of the following bond funds there is levied
a tax on each One Hundred Dollars in value of said property to be
used in paying the accruing interest and maturing bonds of the
various issues of bonds heretofore issued by the City of San Luis
Obispo, which tax is in the amount, and is to be apportioned among
such funds in the City 'Treasury as follows:
�, (a) For the City Farm Bond Fund, evidenced by bonds
dated April 1, 1918, a tax of $.001;
�(b) For the Improvement Bond Fund of 1922, evidenced
by bonds dated July 1, 1922, a tax of $.025;
�(c) For the Improvement Bond Fund of 1925, evidenced
by bonds dated June 1, 1925, a tax of $.001;
k(d) For the Sewer Extension Bond Fund of 1927, evidenced
by bonds dated October, 1927, a tax of x:001; �
�(e) For the driller and Lux Laguana Property Bond Fund,
evidenced by bonds dated October 1, 1927, a tax of $ -007;
-1-
4(f) For the Sewer Extension Bond Fund of 1929,
evidenced by bonds dated July 1, 1929, a tax of x.007;
�(g) For the Bridge and Culvert Bond Fund of 1929,
evidenced by bonds dated July 1, 1929, a tax of $.008;
J (h) For the water Bond' Fund of 1939, Series A,
evidenced by bonds dated July 1, 1939, a tax of : -005;
(i) For the Water Bond Fund of 1939, Series B,
evidenced by bonds dated :day 1, 1940, a tax of $.005.
3.. For the Library Fund there is levied a tax of 8.15 on
each, One Hundred Dollars in volue of said property.
4. For the Improvement Fund of said City there is levied
a tax of .30 on each One Hundred Dollars in value of said property.
5. For the Park, Playground and Recreation Fund of said
City there is levied a. tax of 4.15 on each One Hundred Dollars in
value of said property.
SECTION 2. All ordinances or parts of ordinances in con-
flict with this ordinance are hereby repealed.
SECTION 3. The City Clerk is hereby directed to publish
this ordinance, together with the ayes and noes, for two days
before its final passage, in the Telegram - Tribune, a daily new.s -
paper printed, published and circulated in said City, and the
same shall take effect and be in force from and after its final
passage.
INTRODUCED AND PASSED TO PRINT this 7th day of August,
1950, by the following vote:
AYES: D.M.C,rpenter$Wm.O.Hall othy I.O'Reilly,Kline Williams
Frank V.Woods
NOES:_ None
ABSENT: None
9—
Mayor
ATTEST
City CrlVrk
FINALLY PASSED this 21st day of August, 1950 upon
the,.following roll call vote:
AYES :D•M•Carpenter, Wm.0.Hall,Timothv I. O'Reilly,Frank V.Woods
NOES': None
ARSENT: K1 i np- lei 11 i ^mom
19-
Mayor
ATTEST:
ity Clerk