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O1130 .. ORDINANCE NO. 1130 (CCS) .. 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, 1979, FOR THE PARKING AND BUSINESS IMPROVEMENT AREA. THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES HEREBY ORDAIN AS FOLLOWS: SECTION 1. For the purpose of ra1sing the sums of money neces- sary to be raised by an ad valorem tax upon all of the land and improvements (but excludTng personal property) 1n the Parking and Business Improvement Area in addition to the taxes lev1ed 1n Taxation District Number 1~ a tax 1S levied at the rate of 52.10 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 Improve- ment Area has an assessed valuation of 11,920,775 and is described as follows: UBounded on the northeasterly side by the center 1 ine of 4th Courtt 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 2. If any sect1on, subsect1on, sentencet clause or phrase of this ord1nance is for any reason held to be invalid or unconstitu- tional by a decis10n of any court of competent jurisdict1on, such decision shall not affect the validity of the remaining protions of the ordinance. The City Counc1l hereby declares that it would have passed th1S ordinance and each sec- t1on, subsection, clause or phrase hereoft irrespective of the fact that any one or more sectionst subsectionst clauses or phrases be declared invalid or unconstitutional. SECTION 3. The Mayor shall s19n and the City Clerk shall attest to the passage of this ordinance. The City Clerk shall cause same to be pub- lished once in the off1cial newspaper within fifteen (15) days after its '. .. .. adoptlon. This ordlnance shall take effect immediately upon adoption pursuant to Section 619 of the Charter of the City of Santa Monica. ADOPTED AND APPROVED this 28th day of Augus t ,1979. 7;t:u t.~dWJIp~~J - MAYOR ATTEST: ~ ~L u-~~ / / '.!TY CLERK - ~TE OF CALIFORNIA) COUNTY OF LOS ANGELES) 55. CITY OF SANTA MONICA) I do hereby certify that the foregoing ordinance was duly and regularly intro- duced and adopted at a meetlng of the City Councl1 on the 28th day of August, 1979; that thereafter the ordinance was duly adopted at a meeting of the City Council on the 28th day of August , , 1979, by the following vote: AYES: Bambrick, Jennlngs, Yannatta Goldway, van den Steenhoven NOES: None ABSENT: Reed, Scott, SWlnk ~~ (l CITY CLE-RK - .:rt:mWW- ~N3."'OHt--~33J.S ~30 t--:v.A.. 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