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O1285 " .. e e ORDINANCE NO. 1285(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, 1983 FOR THE DOWNTOWN PARKING AND BUSINESS IMPROVEMENT DISTRICT THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES ORDAIN AS FOLLOWS: SECTION 1. For the purpose of ra1s1ng the sums of money necessary to be ralsed by an ad valorem tax upon all of the land and improvements (but excludlng personal property) in the Downtown Parklng and Business Improvement District in addition to the taxes levled ln Taxation District Number 1, a tax is levied at the rate of $0.5625 upon each $100.00 of market value of the property as assessed by the County Assessor and equalized by the Board of Supervisors of the County of Los Angeles. Said Downtown Parking and Business Improvement Distrlct has an assessed valuation of $123,763,148 exclusive of Public Utlllty values and is described as follows: "Bounded on the northeasterly slde of the center line of 4th Court, the southeasterly side by the center line of Broadway, the southwesterly side by the center Ilne of lst Court, and the northwesterly slde by the center of Wilshire Boulevard, all in the City of Santa Monica." SECTION 2. If any sectlon, subsection, sentence, clause or phrase of this ordinance lS for any reason held to be invalid or unconstitutlonal by a decision of any court of competent Jurisdlction, such decision shall not affect the validity of the . e remalning portions of the ordlnance. The City Council hereby declares that it would have passed this ordinance and each section, subsection, clause or phrase hereof, irrespectlve of the fact that anyone or more sections, subsectlons, clauses or phrases be declared invalld or unconstltutional. SECTION 3. The Mayor shall sign and the Clty 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 (IS) days after lts adoption. This ordinance shall take effect immediately upon adoption pursuant to Section 619 of the Charter of the Clty of Santa Monica. APPROVED AS TO FORM: ~'-~ '- ~ ROBERT M. MYERS Clty Attorney . . ADOPTED AND APPROVED THIS 23rd DAY OF August , 1983. ~/--=z / ~J:: _ ;.-~ MAYOR I HEREBY CERTIFY THAT THE FOREGOING ORDINANCE, 1285 NO. (CCS), WAS DULY AND REGULARLY INTRODUCED AT A MEETING OF THE CITY COUNCIL ON THE 23rd DAY OF August 1983; THAT THE SAID ORDINANCE WAS THEREAFTER DULY ADOPTED AT A MEETING OF THE CITY COUNCIL ON THE 23rd DAY OF August 1983 BY THE FOllOWING COUNCIL VOTE: AYES: COUNCILMEMBERS: Conn, Epsteln, Jennings, Press, Zane and ;\1ayor Edwards NOES: COUNCILMEMBERS: )Jane ABSENT: COUNCILMEMBERS: Reed ABSTAIN: COUNCILMEMBERS: None ATTEST: /J ~-A ~>J~ CITY CLERK