HomeMy WebLinkAboutORD NO 3312EMERGENCY ORDINANCE NO. 3312
AN EMERGENCY ORDINANCE LEVYING UPON THE FULL TAXABLE
VALUE OF THE TAXABLE PROPERTY IN THE CITY OF BAKERS-
FIELD, EXCEPT THAT AREA KNOWN AS THE RIO BRAVO
ANNEXATION, A PERCENTAGE RATE OF TAXATION UPON EACH
DOLLAR OF VALUATION FOR THE FISCAL YEAR BEGINNING
JULY 1, 1990 AND ENDING JUNE 30, 1991.
WHEREAS, this Emergency Ordinance is necessary for the
appropriation of funds providing for the operation of municipal
departments and for the immediate preservation of public property
for the reason that this ordinance must be received by the Kern
County Assessor not later than August 24, 1990, in order that the
tax levy be effective this fiscal year, the amount of such levy
could not be determined until after the City received the City's
total assessed value from the Kern County Assessor on August 1,
1990, and the levy is necessary to satisfy the City's obligations
concerning its bonded indebtedness; and
WHEREAS, general obligation bonds were approved by the
voters at a special City bond election conducted September 28,
1965. Two separate bond propositions were submitted to electors
at that time. Approval of Proposition A authorized the incurrence
of a bonded debt of $3,525,000 for additions and improvements to
sewer and sewer treatment facilities and such acquisitions as
might be necessary thereto; Proposition B, as approved, authorized
the incurrence of a bonded debt of $125,000 to acquire and con-
struct a fire station, including appurtenant properties; and
WHEREAS, $1,125,000 General Obligation Municipal
Improvement Bonds, 1966 Series A, dated January 1, 1966, and
$2,525,000 General Obligation Municipal Improvement Bonds, 1966
Series B, dated October 1, 1968, have been issued; and
WHEREAS, $75,000 Series A and $655,000 Series B are
outstanding at June 30, 1990.
NOW, THEREFORE, BE IT ORDAINED by the Council of the City
of Bakersfield as follows:
SECTION 1.
That there is hereby levied a tax of .001167 percent on
each dollar ($1.00) of the full taxable value of all taxable
property within the City of Bakersfield, except that area known as
the Rio Bravo Annexation, County of Kern, State of California, for
Municipal Improvement Bonds, Series A, Interest and Redemption
Fund, during the fiscal year beginning with the first day of July,
1990, and ending with the thirtieth day of June, 1991.
SECTION 2.
That there is hereby levied a tax of .002874 percent on
each dollar ($1.00) of the full taxable value of all taxable
property within the City of Bakersfield, except that area known as.
the Rio Bravo Annexation, County of Kern, State of California, for
Municipal Improvement Bonds, Series B, Interest and Redemption
Fund, during the fiscal year beginning with the first day of July,
1990, and ending with the thirtieth day of June, 1991.
SECTION 3.
This Emergency Ordinance is necessary for the appropri-
ation of funds providing for the operation of municipal
departments, and shall become effective immediately upon its
passage.
.......... o0o ..........
I HEREBY CERTIFY that the foregoing Ordinance was passed
and adopted by the Council of the City of Bakersfield at a regular
meeting thereof held on AU8 2 2 1990 , by the
following vote:
AYES; COUNCILMEMBERS: EDWARDS..De, MOND. SMITH. BRUNNI. PETERSON. McDERMO]-r. SALVAGGIO
NOES: COUNCILMEMBERS: /VO/,J~
ABSENT COUNCILMEMBERS: ,Af~ A~ ~
ABSTAIN: COUNCILMEMBERS ~/0 ~'J ~
ASSISTANT CITY CLERK and ~x Officio Clerk of
Council of the City of Bakersfield
the
APPROVED ,~UG 2 2 1990
CLARENCE E. MEDDERS
MAYOR of the City of Bakersfield
APPROVED as to form:
ART. OR ;.
CITY A~ToR~EY o~/t~e Cit[y of Bakersfield
AJS/GR/meg
O ORD 4
EO.TAX1
8/2/90
AFFIDAVIT OF POSTING DOCUMENTS
STATE OF CALIFORNIA)
) ss.
County of Kern)
CAROL WILLIAMS, Being duly sworn, deposes and says:
That she is the duly appointed, acting and qualified City Clerk of the City
of Bakersfield; and that on the 1st day of October , 19 90 she
posted on the Bulletin Board at City ~all, a full, true and correct copy of
the following: Ordinance No. 3312
City Council at a meeting held on the 22nd
and entitled:
, passed by the Bakersfield
day of AuKust , 1990 ,
CAROL WIDLIAMS
CITY CLERK of the City of Bakersfield
DEPUTY City Clerk
NSAOPD