HomeMy WebLinkAbout0131ORDIMCE NO. 131 (1959 Series)
AV ORDINANCE LEVYING A TAX FOR THE CURRENT' FISCAL YEAR 1959 -60 UpOi`N
ALL TAXABLE PROPERTY WITHIN THE CITY OF SAN LUIS OBISPO5 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 Sian Luis Obispo, State of California,
a tax for the fiscal year of said City beginning on the 1st day of July, 1959 and
noc3 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 o£•$0.80 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 .Vane l;
1925, a tax of $0.0025.
(b) For the Sewer Extension Bond Fund of 1927; evidenced by bonds dated
October, 1927, a tax of $0.0040.
(c) For the Bridge and Culvert Bond Fund of 1929, evidenced by Bonds dated
July 1, 1929, a tax of ;0.0035.
3. For the Library Fund of said City there is levied a tax of $0.19 on each
One Hundred Dollars in value of said property.
4. For the Public Improvement and Betterment Fund of said City these is
levied a tax of $0.30 on each One Hundred Dollars in value of said property.
5. For the Park and Recreation Fund of said City there is levied a tax of
$0.20 on each One Hundred Dollars in value of said property.
SECTION 2. All ordinances or parts of ordinances in conflict with this
ordinance are hereby repealed,
SECTION 3. This ordinance, together with the ayes and noes, shall be published
once in full, at least three days before its final passage, in the Telegram - Tribune,
a daily newspaper printed, published and circulated in said City, and the same .ax all
take effect and be in force from and after its final passage.
/.7 /
+_'Tn"�EG'DIitaEID AND PASSED 10 ERIiw"z' this 17 day of August , 1959,
by the following vote:
AYES: Kenneth W. Jones, Donald Q. Miller, Gerald W. Shipsey, J. Barry Smith,
Fred M. Waters
NOES; None
QSj,NT. None
ATUST :
cif - 4alerk
FINALLY PASS= this 8th day of September , 1959, by the fol log ing
vote:
AY,S Kenneth W. Jones, Donald Q. Miller, Gerald W. Shipsey, J. Barry Smith
Fred M. Waters
It, GES: None
ABSENT: None ,,J
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city . erk
2.
Mayor