Ordinance No 0218 - Rate of Taxes on Taxable Property Within the City

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i ; ORDINANCE NO, 219 2 AN ORDINANCE OF THE CITY OF AMOUNT OF MONEY REQUIRED TO 3 i DEPARTMENTS OF THE CITY AND TAXES ON THE TAXABLE PROPER' 4 TO CARRY ON THE WORK OF THE 5 FISCAL YEAR 1950-19510 BREA FIXING THE CARRY ON THE VARIOUS FIXING THE RATE OF rY WITHIN THE CITY CITY FOR THE 6 The City Council of the City of Brea does ordain as follows: I 7 section 1. That the City has, pursuant to law, heretofore 8 i elected to have its taxes levied and collected by the Assessor 9 and Tax Collector of the County of Orange, Auditor and other i 10 officials of the County of Orange. 11 Section 2. That it is determined that the amount of I 12 1i 59.000 is the amount of money necessary to be raised by 13 taxation upon the taxable property within the City as a revenue M < 3.4 to carry on the various departments of the Citk for the year a< u15 1950-1951 and to pay the bonded or other indebtedness of said F J J ~ ~ < ]<m d W ZZ~ 16 j City or any part thereof. ~ L 0 ' Z o ° _-j= 17 Section 3. That the amount of the assessment necessary to = 4 18 raise the aforesaid sum of money to carry on the various work of 19 the City is the sum of 175 cents upon each $100.00 of the 20 II assessed valuation of the taxable property within the City. i 21' Section 4. That 100 cents thereof upon each x$100.00 22 assessed valuation is hereby apportioned to the General Fund. 23; That 25 cents on each $100.00 assessed 24 valuation is hereby apportioned to a Special Park Maintenance 2.51 i and Improvement Fund. 26 That 28 cents on each $100.00 assessed 27 valuation is hereby apportioned to the Bond Interest and i 28 Redemption Fund. 29; That 22 cents on each $100.00 assessed 30 valuation is hereby apportioned to Employee Retirement Fund. 31 32 1.