Ordinance No. 97ORDINANCE NO 97
AN ORDINANCE OF THE CITY OF CYPRESS FIXING THE MUNICIPAL TAX
RATE FOR THE FISCAL YEAR 1961-62
WHEREAS, the City of Cypress is a general law city incorporated
under the laws of the State of California, and situated in Orange County,
California, and
WHEREAS, Section 51511 of the Government Code requires the City
Council annually before September 1st, to fix the rate of taxes designated
in the number of cents upon each One Hundred Dollars ($1G0), using as a
basis the value of the property as assessed and eoualized, and
WHEREAS said Section of the Government Code requires that the rate
shall be sufficient to raise the amount fixed by ordinance and pay the
expense of collection,
NOW, THEREFORE, the City Council of the City of Cypress DOES
ORDAIN AS FOLLOWS.
SECTION 1 Tax Rate
a There is hereby levied a tax in the amount of $ 75 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
1961-62 fiscal year
SECTION 2. The City Clerk shall cause certified copies of this
Ordinance to be filed with the County auditor, assessor and tax collector
of the County of Orange immediately upon its adoption
SECTION 3 Pursuant to the provisions of Section 36937 (subsection d)
of the Government Code this Ordinance shall take effect immediately as it
is an Ordinance which fixes the rate of tax to be levied
PASSED AND ADOPTED this 17th day of July 1961, by the following
called vote.
AYES• 4 COUNCILMEN Arrowood, McCarney, Van Dyke, Baroldi
NOES 0 COUNCILMEN None
ABSENT 1 COUNCILMAN. Denni
()()(7
ATTEST.
ROBERT11 HRbER CITY CLERK
THOMAS A BAROLDI, MAYOR
Ordinance No 97