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Ordinance No. 4876" ti ORDINANCE NO. 487 AN ORDINANCE OF THE CITY OF CYPRESS FIXING THE MUNICIPAL TAX RATE FOR THE FISCAL YEAR 1972/73 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: 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 1972/73 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 by the City Council of the City of Cypress at a regular meeting held on the 24th day of July, 1972. ATTEST: V< /7/: LL' CITY CLERK of THE CITY 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 Ordinance was adopted at a regular meeting of the said City Council held on the 24th day of July, 1972 by the following vote: AYES: 4 COUNCILMEN: Frankiewich, Harvey, Kanel and Lacayo NOES: 1 COUNCILMEN: Roberts ABSENT: 0 COUNCILMEN: None CITY CLERK OF THITY OF CYPRESS