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HomeMy WebLinkAbout0071NORDINANCE NO. Z/ -(NEW SERIES) . AN ORDINANCE LEVYI %G A TAX FOR THE CURRENT FISCAL YEAR UPON ALL TAXABLE PROPERTY VVITHIN T-1121 CITY OF SAIil LUIS OBISPO AND THE SAN LUIS OBISPO SCHOOL DISTRICT, AND FIXING THE RATE OF SUCH TAX LEVY. 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, a tax for the fiscal year of said City beginning on the first day of July, 1918, and now current, of $2.32 on each one hundred dollars in value of said property.for the purposes herein specified, including the tax for school purposes hereinafter mentioned, and apportioned among the funds in the city treasury as follows : - (a) For the general fund there is levied a tax of $.80 on each one hundred dollars of said property. (b) For the "Water Bond Tax and Redemption Account" there is levied a tax of $.11 on each one hundred dollars of said property, to be used in paying the accrued interest and principal to be paid of a certain municipal indebtedness of said City evidenced by its bonds issued,and dated the first day of December, 1899. (c) For the Library fund there is levied a tax of $.10 on each one hundred dollars of said property. (d) For Improvement Bond Fund 1909 there-is levied a tax of $.295 on each one hundred dollars of said property, to be used in paying the accrued interest and the maturing bonds of the issue made and dated July 1, 1909.. (e) For Fire Engine Bond Fund of 1916 there is levied a tax of $.115 on each one hundred dollars of said property, to be used in paying the accrued interest and the matuming bonds of said issue. -17'r (f) For Sewer Extension Bond Fund of 1917 there is levied a tag of $.03 on each one hundred dollars of said property, to be used in paying the accrued interest and maturing bonds of said issue evidenced by the bonds of said City dated June 1, 1917. (g) For City Farm Bond Fund there is levied a tax of $.02 on each one hundred dollars of said property,.to be used in paying the accruing interest and the maturing bond of said issue evidenced bar bonds of said City dated April 1, 1918. (h) For Sewer Improvement :Bond Fund of 1895 there is levied a tax of x.05 on each one hundred dollars of said property, to be used in paying the accruing interest and maturing bonds of said is- sue. Section 2. There is hereby levied upon all taxable real and personal property within the San Luis Obispo School District a tax of $.80 on each one hundred dollars in value of said last mentioned property, for school purposes. Section 3. All ordinances and parts of ordinances in conflict with this ordinance are hereby repealed. Section 4. 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 "Daily Telegram ", a daily news- paper printed, published and circulated in the City of San Luis Obispo, and the same shall take effect from and after its final passage. Introduced and passed to print this 28th day of August, 1818, by the following vote:- �W AYES ABSEUT: L . i A Signed this day of;August, 1918 r.� I &yor. . Attest: City Clerk. Finally passed this 3rd day of September, 1918, by the following vote: - AYES: ABSEET: M&YOR ATTEST: CITY C a'RK