HomeMy WebLinkAbout249 - Capital Improvement Fund - 2/5 of Tax RevenueE
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A ' U'TTOF `1 QTT) l VU_T, _ CIT` P COSTA i'LOA AFPORTIO"-
TMG A FA"_T 'HL Ali IJA,C?U, TAX Ti I'"_ CA TAT, T ., h' P "D.
I:IE?FAS, thF Cit-. Col..ncil of the Citi o' Costa Vera, Cali_`crnia, has
adcrted a bcdpet for t' -e fiscal year 1056-10x7, and "as estacli.shed the ad val-
,rum tax rete at One Lollar (:1.00) per One '.'-toed 1',11ars (;100.00) of assess-
ed value; and
'c°'1rFA5, tre C,.b; ',1 no l finds and deterrines that -'orty Cents (f O0 )
of saic One Kollar ('.1.00) tax rate s'' ^.c lc be placed is the C' '7 AL 7- iL'. T
F 7i' t, era'le t C! t,,, to carry out Canilal T,-sove-ant erojects.
a'O ',F_" -MID, the Cite Ce, ,oil, ('U If Costa 7 esa, does hereby re-
solve as follor:s:
Two -Fifths (2/r) of all on es received bpi the City of Costa pesa
Burin, the fiscal year 1006-19$7 from the ad valorian prv,erty tax, including
rnsecnrec Tsrsonal rr�i'erty tax, shall be placed in t o CA`AT, I -Y00EtDT
F I.
rA9SF1: a,c ad-cted t'.'s 17th da, of Aan„st, 106.
A. ^T:
,a,. - the rib; •..f Costa Yesa
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T, A. C. SbA_tTZ, O1_tg CI -,r` cf tie aib; Tf Costa 7-esa, do hereto certify
that tre at-ve a -,a foregoing hesolution rS,. 249 was duly ano regrlarly passed and
adopted at an adjourned reg, las ,eetin^ the Ctty Council oi' the City, of Costa
Iesa, held on ;he 17th day of A,g.st, 1056, by the following roll call vote, to -
wit:
AYES: c,Ci 1-.art,n, _inkle , 'm'th, -elson, 1eyers
"OLS: COI -SC -L, ic,N Iso+te
AE I 1 is 7o a L:' None
S
? 'I OF T have her at, Tto set my hanc and seal tris 17th day
of A:«' st,
Cit- Clerk ano ex -officio Ulc 71 r, the
373