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O1102 " ~. . "'- ORDINA~CE NO. 1102(CC5) AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA FIXING THE TAX RATE AND LEVYING TAX FOR FISCAL YEAR BEGINNING JULY 1, 1978, FOR THE PARKING AND BUSINESS IMPROVENENT AREA THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES HEREBY ORDAIN AS FOLLOWS; SECTION 1. For the purpose of raising the sums of money neces- sary to be raIsed by an ad valorem tax upon all of the land and im- provements (but excluding personal property) In the Parking and Busi- ness Improvement Area in addition to the taxes levied in TaxatIon District Nu~ber 1, a tax IS levied at the rate of $2.10 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 valuation of $10,939,920 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 VhlshIre Boulevard, all in the City of Santa Monica." SECTION 2. If any sectIon, subsection, sentence, clause or phrase of this ordInance is for any reason held to be invalid or unconstltutlonal by a decision of any court of competent Jurisdiction, such decislon 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, clauses or phrases be declared invalid or unconstitutional. SECTION 3. The Mayor shall sign and the City Clerk shall attest to the passage of this ordInance. The City Clerk shall cause same to be published once in the offIcial newspaper WIthIn fifteen "'- ..... ~. . . (15) days after 1ts adoptlon. ThlS ordlnance shall take effect upon adoption pursuant to SectIon 619 of the Charter of the CIty of Santa l'-1on1ca. ADOPTED AND APPROVED this 12th day of September , 1978. L~.vJ (ft"d-neLJ MAYOR - ---- - . , - ATTEST- ~-~: (jCTty CLERK ~~TE OF CAtIFORWJA ) COUNTY OF LOS ~GELES) 55. CITY OF SA~lA MO~ICA ) I do hereby certify that the foregoing ordinance was duly and regularly introduced at a meeting of the City Councll on the 22nd day of August, 1978; that thereafter the ordinance was duly adopted at a meet1ng of the City CouncIl on the 12th day of September , 1978, by the following vote: Bambrick, Cohen, Reed, Scott, Trives, AYES' COUNCILMEMBER. van den Steenhoven, SWInk NOES. COUNCILME~BER: None ABSE::\TT: COU~C I UIEMBER: None APPROVED AS TO FOR1-1: -' ~ii!:EY ~ u~-~- veJ/TY CL1;:RK - ~