Resolution No. 17552t'
RESOLUTION NO. 1755
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
FIXING THE MUNICIPAL TAX RATE FOR THE FISCAL YEAR 1976/77.
WHEREAS, the City Council of the City of Cypress has heretofore deter-
mined that the amount of revenue from property taxes necessary to support
its departments for the current year and to pay the bonded or other indebted-
ness of said City is the sum of $191,870; 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 Cyress hereby DOES
RESOLVE AS FOLLOWS:
SECTION 1. Tax Rate:
There is hereby levied a tax in the amount of $ .895 for each One
Hundred Dollars ($100) of all of the taxable assessed property within the
City of Cypress at the equalized value thereof, for the 1976/77 fiscal year.
SECTION 2.
The City Clerk shall cause certified copies of this Resolution to be
filed with the County Auditor, Assessor, and Fax Collector of the County
of Orange immediately upon its adoption.
PASSED AND ADOPTED by the City Council of the City of Cypress at a
regular meeting held on the 23rd day of August 1976.
ATTEST:
CITY CLERK OF THE CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
MAYOR OF TtECITY OF CYPRESS
I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY
that the foregoing Resolution was duly adopted at a regular meeting of the
said City Council held on the 23rd day of August 1976; by the following
roll call vote:
AYES: 5 COUNCILMEN: Harvey, Hudson, Lacayo, Sonju and MacLain
NOES: 0 COUNCILMEN: None
ABSENT: 0 COUNCILMEN: None
CITY CLERK OF TH$ CITY OF CYPRESS