O1041
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ORDINANCE NO. l041(CCS)
(CITY COUNCIL SERIES)
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
SANTA MONICA FIXING THE RATES OF TAXES AND LEVYING
TAXES FOR THE FISCAL YEAR BEGINNING JULY 1, 1976
FOR THE GENERAL CITY AND FOR THE PARKING AND
BUSINESS IMPROVEMENT AREA.
THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES HEREBY ORDAIN
AS FOLLOWS:
SECTION I.
For the purpose of raising the sums of money necessary
to be raised by taxation upOn the taxable property of the City of Santa Monica
as a revenue to carryon the various departments of said City for the fiscal
year beginning July 1, 1976, the rates of taxes for the City of Santa Monica
hereby are fixed and taxes are hereby levied on all taxable property in said
City for the fiscal year beginning July 1, 1976, in the number of cents upon
each One Hundred Dollars of assessed value of property as assessed by the
County Assessor and equalized by the Board of Supervisors of the County of
Los Angeles, and for the several funds and purposes set forth in the following
table. The taxes levied upon property in said City hereinafter described and
designated as District Number I are at the rates set opposite the designations
of the respective funds.
District Number 1:
All that portion of the City of Santa Monica
included within the boundaries of the corporate 1 imits of said City.
CITY OF SANTA MONICA 1976-77 TAX RATE TABLE
ASSESSED VALUE
$408,876,430
TAXATION DISTRICT NO.
General Fund
$ 0.0404
Special Tax Funds:
Music, Advertising
and Recreation
$ 0.0830
$ 0.0418
$ 0.2224
$ O. 1 980
$ 0.5644
City Planning
Libraries
Parks
Retirement
TOTAL:
$ 1. 1500
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SECTION 2.
For the purpose of raising the sums of money
necessary to be raised by an ad valorem tax upon al J of the land and
Improvements (but excluding personal property) in the Parking and
Business I~provement Area in addition to the taxes levied in Taxation
District Number 1, a tax is levied at the rate of $2.25 upon each $100.00
of assessed value of the property as assessed by the County Assessor and
equalized by the Board of Supervisors of the County of Los Angeles. Said
Parking and Business Improvement Area has an assessed valuaiton of
$ 12,233,550 and is described as follows:
"Bounded on the northeasterly side by the
center line of 4th Court, the southeasterly
side by the center line of Broadway, the
southwesterly side by the center line of
1st Court, and the northwesterly side by
the center of Wilshire Boulevard, all in
the City of Santa Monica."
SECTION 3.
If any section, sYbsection, sentence, clause or
phrase of this ordinance is for any reason held to be invalid or unconstitut-
ional by a decision of any court of competent jurisdiction, such decision
shall not affect the validity of the remaining portions of the ordinance.
The City Council hereby declares that it would have passed this ordinance
and each section, subsection. clause or phrase hereof, irrespective of the
fact that anyone or more sections, subsections. sentences, clauses or
phrases be declared invalid or unconstitutional.
SECTION 4.
The Mayor shall sign and the City Clerk shall
attest to the passage of this ordinance. The City Clerk shall cause the
same to be published once intheofficial newspaper within fifteen (15)
days after its adoption. This ordinance shall take effect upon adoption
pursuant to Section 619 of the Charter of the City of Santa MOnica.
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ADOPTED and APPROVED this 24th day of August 1976.
~;74~' /~
MAYOR
ATTEST:
!?~
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES 55.
CITY OF SANTA MONICA
do hereby certify that the foregoing ordinance was duly and
regularly introduced at a meeting of the City Council on the 24th day of
August 1976, that thereafter the said ordinance was duly adopted at a
meeting of the City Council on the 24thday of August 1976, by the
following vote:
NOES:
Cohen, Judson, McCloskey, Reed, Swink,
van den Steenhoven, Trives
none
AYES:
ABSENT:
none
CITY ATTORNEY
/UIL
APPROVED AS TO FORM:
City Clerk
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