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Resolution No. 1639RESOLUTION NO. 1639 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS FIXING THE MUNICIPAL TAX RATE FOR THE FISCAL YEAR 1975/76. WHEREAS, the City Council of the City of Cypress has heretofore determined that the amount of revenue from property taxes necessary to support its departments for the current year and to pay the bonded or other indebtedness of said City is the sum of $1,230,150; and WHEREAS, Section 51511 of the Government Code requires the City Council annually, before September 1, to fix the rate of taxes designated in the number of cents upon each $100, using as a basis the value of the property as assessed and equalized; and WHEREAS, said Section of the Government Code requires that the rate of taxes shall be sufficient to raise the amount determined necessary by the City Council and to pay the expense of collection. NOW, THEREFORE, the City Council of the City of Cypress hereby DOES RESOLVE AS FOLLOWS: SECTION 1. Tax Rate: There is hereby levied a tax in the amount of $ .95 for each One Hundred Dollars ($100) of all of the taxable assessed property within the City of Cypress at the equalized value thereof, for the 1975/76 fiscal year. SECTION 2. The City Clerk shall cause certified copies of this Resolution to be filed with the County Auditor, Assessor, and Tax Collector of the County of Orange immediately upon its adoption. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 25th day of August, 1975. MAYOR OF TH e CITY OF CYPRESS ATTEST: CITY CLERK OF THE CITY OF CYPRESS STATE OF CALIFORNIA ) SS COUNTY OF ORANGE ) I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 25th day of August, 1975; by the following roll call vote: AYES: 2 NOES: 1 ABSENT: 1 ABSTAINING: 1 COUNCILMEN: Harvey and Frankiewich COUNCILMEN: Kanel COUNCILMEN: Lacayo COUNCILMEN: Son j u CITY CLERK OF HE CITY OF CYPRESS