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Ordinance No. 135267 ORDINANCE NO. 135 AN ORDINANCE OF THE CITY OF CYPRESS FIXING THE MUNICIPAL TAX RATE FOR THE FISCAL YEAR 1962-63 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 ($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 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 1962-63 fiscal year SECTION 2 The City Clerk shall cause certified copies of this Ordinance to be file d w th 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 vote PASSED AND ADOPTED this 16th day of July, 1962 by the following called AYES• 4 COUNCILMEN: Gorzeman, Noe, Wright and Van Dyke NOES. 0 COUNCILMEN• None ABSENT: 0 COUNCILMEN: None ATTEST. Ordinance No 135 CITY CLERK MAYOR