O1814
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atty\muni \ laws \mtt\ library. 2
city Council Meeting 9-12-95
Santa Monica, California
ORDINANCE NUMBER 1814
(City council Series)
AN ORDINANCE OF THE CITY COUNCIL OF THI
CITY OF SANTA MONICA SETTING THI 1995-96
TAX RATE POR THE MAX. LIBRARY IllPROVEHENTS
PROJECT GENERAL OBLIGATION BONDS
WHEREAS, at the November 8, 1988 general election, by a
favorable vote of more than two thirds of all the voters voting on
the proposition, the issuance of General Obligation Bonds (the
"Bonds II ) in the principal amount of $4.5 million was authorized for
the purposes of financing acquisition and improvement of real
property for meeting parking and future expansion needs of the Main
Library; and
WHEREAS, on February 13, 1990, the city council adopted
Resolution Number 7976 (CCS) (tiThe Bond Resolutiontl), authorizing
the issuance of such Bonds and such issuance and sale of the Bonds
occurred on April 10, 1990; and
WHEREAS, the City Council of the City of Santa Monica is
empowered and obligated to levy ad valorem taxes for the payment of
said Bonds and the interest thereon, upon all property within the
City subject to taxation by the City; and
WHEREAS, in accordance with the Bond Resolution, the City
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Council is required to fix, levy and collect annually until all of
the Bonds are paid or until there is a sum in the City treasury set
apart for that purpose sufficient to meet all sums coming due for
principal and interest on said Bonds, a tax sufficient to pay the
annual interest on the Bonds and such part of principal as the same
shall become due; and
WHEREAS, the taxes required to be levied and collected by the
Bond Resolution shall be in addition to all other taxes levied for
City purposes, shall be collected at the time and in the manner as
other City ad valorem taxes are collected, and shall be used for no
purpose other than payment of the Bonds and accrued interest
thereon,
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA
DOES ORDAIN AS FOLLOWS:
SECTION 1. The City Council hereby sets the Fiscal Year 1995-
96 ad valorem Tax Rate for the Main Library Improvements Project
General Obligation Bonds Series 1990 at $.004788 per $100.00 of
assessed value for property located within the City of Santa
Monica.
SECTION 2. This Ordinance shall take effect upon adoption
pursuant to Santa Monica Charter section 619(c).
SECTION 3. The Mayor shall sign and the City Clerk shall
attest to the passage of this Ordinance. The City Clerk shall
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cause the same to be published once in the off icial newspaper
within 15 days after its adoption.
APPROVED AS TO FORM:
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Mayor
State of Cahforrua )
County of Los Angeles) ss.
CIty of Santa Moruca )
I, Mana M. Stewart, CIty Clerk of the CIty of Santa MOnIca, do hereby certIfy that the
foregomg OrdInance No.1814 (CeS) had Its first readmg on S~tember 12. 1995, and had Its
second readmg on S~tember 12. 1995 and was passed by the followmg vote:
Ayes: CouncIl members: Abdo, Ebner, Genser, Greenberg, Holbrook, O'Connor,
Rosenstem
Noes: Council members: None
Abstam: CouncIl members: None
Absent: CounCIl members: None
A TrEST.
'--~ ~.~
CIty Clerk .
PROOF OF PUBtlATION
(2015.5 C.C.P.)
STATE OF CALIFORNIA,
County of Los Angeles,
I am a citizen of the United States and a
resident of the County aforesaid, I am over
the age of eighteen years, and not a party to
or Interested In the above-ent.tled matter I
am the prinCIpal clerk of the printer of the
..4............,....................4...............
THE OUTLOOK
................. - ..........................................
a newspaper of general circulation, printed
and published .I)'~.I.ItX. F.KQt:.J?J:J?J!ff}?A-X.
In the CIty of .~h.~.TA.f\'9.tn~^.. ...... ..
County of Los Angeles, and which
newspaper has been adjudged a newspaper
of general CirculatIon by the Superior Court
of the County of Los Angeles, State of
Ca Ilfornta, under the date of}~~'..~~ 19 .~~. ,
Case Number ..~H.~J.!L...., that the notice,
of whIch the annexed IS a printed copy (set
In type not sma lIer than non paretl ), has
been published In each regular and entire
Issue of said newspaper and not In any
supplement thereof on the following dates,
to-Wit.
SEPT 23
95
all In the year 19.....
I certify (or declare) under penalty of
per I ury that the foregOing IS true and
correct
Dated at SANTA HONICA
............ ...... .....11....... ...,...1...
~ 23 SEPT 95
....ayornla, this........ ..day of........, 19.....
...l.Lt.lt.i.i)LlCL l~ .l.l.({L~'~>,;-;-........
Signature J
F,.. cop,esof thl$ blink form mlY be ncured from
CALIFORNIA NEWSPAPER SERVICE
BUREAU, INC.
Legal AdvertISing Clearrng House
PO Box31
Los Angeles CA 90053 Telephone 625-2541
Pluse request GE N E Il:AL Proof a' PUbl,CI',an
wrlen arllerln'l 1"'5 'a,m
This space IS for t!ounty Clerk's Filing Stamp
Proof of Publication of
,.................. ...... ... ........... ........."'.... ............. .....
......................._.........._...................~...........~..A.~~
EO 9-89
City of Santa MoDIca
Ordinance Number 1814 (CCS)
(City Council Senes)
AN ORDINANCE OF lHE CITY COUNcn. OF THE
CITY OF SANTA MONICA SEITING THE 1995-96
r AX RATE FOR TIm MAIN LIBRARY IMPROVEMENTS
PRomcr GENERAL OBLIGATION BONDS
The follOWing IS B summary ofOrdmance Number 1814 (CCS)prcpared by the Office of
the City Attorney
Onhnance Number 1814 (CCS) sets theFJ.BCal Year 1995-96 ad valoIem rlXRaIe for
the Mam Library ImproVaDllIIts Project General ObhgatlOn Bonds Senes 1990 at $ 0041t8 per
$100 00 of assessed value for properlY located Wldun the City of Santa Momca.
Onhnance Number 1814 (CCS) was adopted on September 12, 1995, and punuIDt to .
SIIIIta MODIca City Charter Sectlon 619(c) became effectlve unmedultely upon III adopboa ~
if
1, Mana M St.ewart, CIty Clerk, do hereby cat1fy that OrdIIWlOe Numba' 1814 (CCS) "-
had lIS fIrst and fina1 ~tlm!! on September 12, 1995, IIIld WIll pISSed by the followmg vote I
,
Ayes Council members Abdo, Ebner, Genser, Greenberg, Holbrook,
O'Connor, Rosenatem
Noes Council members None
Abstain CouncIl members None
Absent
Council members None
IS/MARIAM STEWART
City Clerk
The full teXt of the Ibove OrdUlllllce IS available upon request from the office of1he Cny
Clerk, locatec1at 168S Mam SIr=. Room 102, Santa MOJUC8 Phone (310) 458-3211
Pub September 23, 1995