HomeMy WebLinkAbout0405NORDINANCE N0. 405 (New Series)
AN ORDINANCE LEVYING A TAX FOR THE CURRENT
FISCAL YEAR 1954 -55 UPON ALL TAXABLE PROPERTY
WITHIN THE CITY OF SAN LUIS OBISP03 AND
FIXING 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 is t day of July,
1954 and now current, of $1.50 on each One Hundred Dollars in value of said property,
for the purposes herein specified and apportioned among the funds in the City
Treasury, as follows:
1. For the General Fund there is levied a tax of $.83 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 Improvement Bond Fund of 1925, evidenced by bonds dated June
11 1925, a tax of $.0023.
(b) For the Sewer Extension Bond Fund of 1927, evidenced by bonds dated
October, 1927, a tax of $.0036.
(c) For the Sewer Extension Bond Fund of 1929, evidenced by bonds dated
July 1, 1929, a tax of $.0036.
(d) For the Bridge and Culvert Bond Fund of 1929, evidenced by bonds dated
July 1, 1929, a tax of 5.0055•
3. For the Library Fund there is levied a tax of 5.175 on each One Hundred
Dollars in value 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 $.18 on each One Hundred Dollars in value of said property..
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SECTION 2. All ordinances or parts of ordinances in conflict 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this ordinance are hereby repealed.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 newspaper 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 16th day of August, 1954, by
the following vote:
Ate: Nels Beck, Paul W.Davis,Richard E;Gragg,Kenneth W.Jones, Fred H.
Lucksinger
NOES: None
ABSENT: None
ATTEST:
City Clerk
-2-
YKvially passed- this _7th day 6f ap 19 , by
_54.,
the fallovdng vote,.
ATES z Paul ld.,Ra is Kenneth W.,Jangg,2ggd-
None
ABSENW., Nels Beck. Richard E.G
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