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HomeMy WebLinkAbout0116NORDINAFCE No. 116 (New Series:) AN ORDINAI`7CE LEVYING A TAX FOR THE- CURRENT FISCAL YEAR (1925 - 1.926) UPON ALL TALE PROFERTY WITHIN THE CITY OF SAN LUIS' OBIStO 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 yea-r of said City beginning on the lst. day of July, 1925, and now current., of $ 1.44 on each one hundred dollars in value of said property for the purposes here -in specified and apportioned among the funds in the City Treasury as follows: (a) For the. General Fund there. is levied a. tax of $ 0.85. on each one hundred dollars in value of said property; (b) For the Sewer Improvement Bond Fund of 1899 , there. is levied a tax of $ 0.03 on each one. hundred dollars in value of said property, to be used in paying the accruing interest and maturing bonds of said issue.; (c) For the. "Water Bond Tax and.Redemption.Account" there. is Levied a tax of $__0_07 on each one hundred dollars in value- of said property, to be used in paying the a.ccruing`interest and prin- cipal to be paid of a certain municipal indebte.dnes.s, of said City evidenced by its bonds issued and dated the.first day of December, 1899; (d) For the Improvement.Bond Fund of 1909 there is. levied a tax of $ 0.20 on each one hundred dollars in value of said- property, to be-used in paying the accruing interest and the maturing bonds of the. issue made. and dated July 1, 1909; (e.) For the. Sewer Extension Bond Fund of 1917 there is levied a tax of $p__ 0.016 on each one hundred dollars in value of said, property, to be used in paying the accruing interest and maturing bonds- of said. issue evidenced by the bonds of said City dated. June lst. ,191.7; W-41 (f) For the_ City Farm Bond: Fund there. is: levied a. tax of $ 0.028 on each one hundred dollars in value. of said property, to be used in paying the accruing interest and maturing bonds, of said issue evidenced by the. bonds- of said City dated.April 1, 1918; (g) For the. Improvement Bond. Fund of 1.922- there is levied a tax of $ 0.10 on each one hundred dollars in value- of said property to be us.ed in paying the accruing interest and maturing bonds of said issue evidenced by the. bonds of said City dated.3uly lst., 1922:; Improvement (h) For, the Bond Fund of 1925 . there is levied a tax of' 0.026 on each one hundred dollars. in value of said property to be. us,e.d in paying the. accruing interest and maturing, bonds: of said. issue. evidenced by the. bonds of said City dated. June lst., , 1925; / ( i.) For the. Library Fund the -re- is: levied a tax of $G 0.12 on each one hundred dollars in value of said property. SECTION 2. All ordinances and parts of ordinances in conflict_ with this ordinance are, hereby repealed. SECTION 3. The City Cl.e_rk is hereby directed to publish this ordinance, together with the ayes and noes., for five. days . before its final passage, in the: 1-forning Tribune., a daily newspaper. printed, published and circulated. in the. said City of San Luis Obispo, and. the same shall take. effect from and after its final passage. INTRODUCED Alv D PASSED TO PRINT this. 24th. day of August, 1925, by the following vote: AYES": C. T.I. Carpenter. John Chapek, H. E. Cox. Chas Forbes u.F. Sinsheimer HOES: None ABSEITT T. None Signed this 25th. day of August, 1925. A.T TE S T: Cit_v Clerk \ry Finally passed this 31st day of August 1925 by the following :vote: Ayes : C.M.Carpenter, John Chapek, H.E.Cox, Chas Forbes, L.F.Sinsheimer. Noes : None. Absent : None. Attest : City Clerk i