Ordinance 750
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ORDINANCE NO. 750.
ORDINANCE OF THE CITY OF GILROY FIXING THE AD VALOREM ASSESSMENT FOR
THE CURRENT FISCAL YEAR 1965-1966 NECESSARY TO SUPPORT THE DEPART~mNTS
AND BONDED INDEBTEDNESS OF THE CITY OF GILROY AND THE CITY OF GILROY
PARKING DISTRICT NO.1.
WHEREAS, the City Council has adopted Ordinance No. 749
fixing the amount of revenue from property taxes necessary to support
its departments for the current year 1965-1966 and to pay the bonded
and other indebtedness of the City or any portion or district of the
City; and
WHEREAS, Section 51511 of the Government Code requires that
the City Legislative body annually before September 1st fix the rate
of taxes or rates of taxes if different portions or districts require
different rates, designated in the number of cents upon each $100.00,
using as a basis the value of the property as assessed and equalized,
which rates shall be sufficient to raise the amount fixed by ordinance
or resolution and the expenses of collection; and
WHEREAS, the City Council has adopted Ordinance No. 749
fixing the amount of revenue required to support its departments and
pay for its Bonded Indebtedness for the current year at the sum of
$215,693.00, and to raise the said sum will require a tax rate for the
current fiscal year of $1.35 on property within Code areas No. 2-000,
2-006 and 2-007 and $1.34 in Code areas No. 2-001, 2-002, 2-004 and
2-005, for each $100.00 value of property as assessed and equalized
and said rates should be adopted as the tax rates for said current
fiscal year, and
WHEREAS, the City of Gilroy has also adopted in said Ordinance
Noo 749 the fixed amount of revenue, in the amount of $6,671.00,
required by the City of Gilroy Parking District No.1 to pay its bonded
indebtedness, and to raise said sum will require a tax rate for the
current fiscal year of $2.191 on land only within said district which
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750
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is Code area No. 2-007, for each $100.00 value on land assessed and
equalized and said rate should be adopted as the tax rate for said
current fiscal year,
NOW THEREFORE, BE IT ORDAINED that the tax rates for the
fiscal year 1965-66 for the City of Gilroy shall be as follows:
Section 1. That the tax rate shall be $1.35 on property
within said Code Areas No. 2-000, 2-006 and 2-007 and $1.34 on
property in said Code Areas No. 2-001, 2-002, 2-004 and 2-005, for
each $100.00 value of property as assessed and equalized.
"Section 2. Assessment Levy. An ad valorem assessment in
the amount of $2.191 on each $100 of assessed valuation upon all land
(exclusive of public property in use in the performance of a public
function) within the special assessment district, Code Area No. 2-007,
formed in the proceedings pursuant to Resolution No. $37 of Prelimin-
ary Determination and of Intention for the proposed acquisition and
construction of parking facilities and the formation of Parking
District No. 1 is hereby levied for the payment of the principal and
interest on the indebtedness incurred in said proceedings and due on
Bond Plan D, City of Gilroy Parking Bonds of 1965.
Said assessment shall be collected in the same manner and
be subject to the same penalties, costs and interest, and may be
redeemed, and the property sold for nonpayment thereof, and title shall
pass to the purchaser, as provided for City Taxes, except that the
period of redemption shall be one year instead of five."
Section 2. That there shall be immediately transmitted to
the County Auditor or County official performing the duties of a
County Auditor, a statement of the tax rates as herein fixed.
Section~. For the reason that Article VI of the Gilroy
Charter provides that an ordinance declaring the amount of money neces-
sary to be raised for taxation or fixing the rate of taxation or
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levying the annual tax upon property, need not be published and can
be made effective immediately upon adoption, this ordinance shall
take effect from and after its adoption and approval, but the City
Clerk shall cause at least the Title and summary of this ordinance to
be published once in the official newspaper of the City within fifteen
(15) days after its adoption.
PASSED AND ADOPTED by the Council on this 16th day of August,
1965, by the following vote:
A YES :
COUNCIL MEMBERS: Allemand, Duffin, Eckard,
Quartiroli, Wentworth and Petersen.
ABSENT:
COUNCIL ~ffiMBERS: None.
COUNCIL MEMBERS: Goodrich.
NOES:
APPROVED:
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ATTEST:
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SUSANNE E., PAYNE
,.City Clerk of
the City of Gilroy, do hereby certify that the attached Ordinance
No. 750
Is an original ordinance, duly adopted by the Council
of the City of Gilroy at a regular meeting of said Council held on
the
16th day of
August
, 19 65 , at which meeting
a quorum was present.
I further certify that the said ordinance has been pub-
llshed In accordance with the charter of the CIty of Gilroy.
IN WITNESS WHEREOF, I have hereunto set my hand and af-
fixed the official seal of the City of Gilroy, this 17th day of
Aue-u~t
oLC4~
./' City Clerk of the City of