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O1341 e e Clty Cauncll Meetlng 8-13-85 Santa Monlca, Callfarnla ORDINANCE NUMBER 1341(CCS) (Clty Cauncll Series) 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, 1985 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 ralslng the sums of money necessary to be ralsed by an ad valorem tax upon all of the land and lmprovements (but excludlng personal property) in the Down- town Parklng and Business Improvement Distrlct In additlon to the taxes levled In Taxatlon Dlstrlct Number 1, a tax is leVled at the rate of $0.5625 upon each $100.00 of market value of the property as assessed by the County Assessor and equallzed by the Board of Supervlsors of the County of Los Angeles. Sald Down- town Parklng and BUSlness Improvement Dlstrlct has an assessed valuatlon of $123,331,031 excluslve of PubllC Utlllty values and 1S descr1bed as follows: "Bounded on the northeasterly slde of the center llne of 4th Court, the southeasterly side by the center llne of Broadway, the southwesterly slde by the center llne of 1st Court, and the northwesterly slde by the center of Wllshlre Boulevard, all In the Clty of Santa Monlca." e e SECTION 2. If any sect~on, subsect~on, sentence, clause or phrase of th~s ordinance ~s for any reason held to be inval~d or unconst~tutional by a dec~son of any court of competent Jur1sd1ction, such decis10n shall not affect the val1d~ty of the remain~ng port1ons of the ord1nance. The C~ty Counc1l hereby declares that it would have passed th1s ord1nance and each section, subsect~on, clause or phrase hereof, irrespective of the fact that anyone or more sect1ons, subsections, clauses or phrases be declared inval1d or unconst1tu- t~onal. SECTION 3. The Mayor shall s~gn and the C1ty Clerk shall attest to the passage of this ord1nance. The C1ty Clerk shall cause same to be published once ~n the off1c~al newspaper w1th1n f1fteen (15) days after ~ts adopt~on. Th~s ord~nance shall take effect 1mmed1ately upon adopt~on pursuant to Sect~on 619 of the Charter of the C~ty of Santa Mon1ca. APPROVED AS TO FORM: ~ ,-. '..- --0 ROBERT M. MYERS C~ty Attorney - .. . e . Adopted and approved th1s 13th day of August, 1985. ~~c/J () -- --- Ma;o~ I hereby cert1fy that the foregoing Ordinance No. 1341 (CCS) was duly and regularly introduced at a meeting of the City CouncIl on the 13th day of August 1985; that the sa1d OrdInance was thereafter duly adopted at a meetIng of the C1ty Council on the 13th day of August 1985 by the following Council vote: Ayes: Councilmembers: Conn, Jennings, Katz, Zane and Mayor Reed Noes: Councilmembers: EpsteIn AbstaIn: Councilmembers: None Absent: Councilmembers: Edwards ATTEST': ,~ L;h~ i::i"t'y Clerk