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Resolution No. 1896RESOLUTION NO 1896 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS FIXING THE MUNICIPAL TAX RATE FOR THE FISCAL YEAR 1977/7. 119 WHEREAS, the City Council of the City of Cypress has heretofore deter- mined that revenue from property taxes is necessary to support its departments for the current year and to pay the bonded or other in- debtedness of said City, and WHEREAS, Section 51511 of the Government Code requires the City Council annually, before September 1, to fix the rate of taxes desig- nated 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 $ 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 1977/78 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 22nd day of August 1977 MAYOR OF THE ,CITY OF CYPRESS ATTEST* D CITY CLERK OF THE ,ITY OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS 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 22nd day of August 1977, by the following roll call vote. AYES: 3 COUNCILMEN. Lacayo, MacLain and Hudson NOES* 0 COUNCILMEN: None ABSENT 1 COUNCILMEN: Sonju 40,yeicr4v6CITY CLECITY OF CYPRESS