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HomeMy WebLinkAboutRES NO 12-40EMERGENCY RESOLUTION NO. 12-40 AN F~ERGENCY RESOLUTION ESTABLISHING AND DET!~RMINING CORRECTION FACTOR TO DETERMINE TRUE VALUE WITHIN THE CITY OF B~CERSFIELD. WHEREAS, the immediate preservation of the public peace, property, safety and welfare of the inhabitants of the City of Bakersfield require the passage of an emergency resolution establishing and determining correction factor to determine true value within the City of Bakersfield, AND WHEREAS, the Council of the City of Bakersfield desires to use the taxation assessment rolls of said city as a basis for computing the true value of lands defined in the "Special Assessment Investigation, Limitation and Majority Protest Act of 1931", as amended, NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF BAKERSFIELD, as follows: That the total assessed valuation for municipal purposes of all taxable lands in the municipality as the same is shown on the last equalized taxation assessment roll of said municipality is $15, ~64,430.00. And that the corresponding total assessed valuation of said lands in said municipality for county purposes as the same is shov;n on the last equalized taxation assessment roll of the County of Kern, in which said City of Bakersfield is situated~ is $10,380,160.O0. That 1.~O shall represent said correction factor and that said 1.~O is hereby determined to be the correction factor in accordance with the provisions of said Act. This resolution shall take effect from and after its passage and approval. -1- I HEREBY CERTIFY that the foregoing, Emergency Resolu- tion was passed and adopted by the Council of the City of Bakers- field on the~~ay of June, 1940, by the following vote: RYF_.S:BODEH MRt'I. MRDLII%E t,.Ac~ILLRN,HORR/-% .SMI'TH,SOLLERS,WILSOH , , , HOES=..~--- RBSEHT< ~ lerk~C of City Council of the City of Bakersfield. APPRO~~y of June, 1940. ~AYOR of the City of Bat~ersff~ld. the