Ordinance 1976-15ORDINANCE NO. 76- 15
ORDINANCE OF THE CITY OF GILROY FIXING THE AD VALOREM ASSESSmeNT
FOR THE CURRENT FISCAL YEAR 1976-1977 NECESSARY TO SUPPORT THE
DEPARTMENTS AND BONDED INDEBTEDNESS OF THE CITY OF GILROY AND THE
CITY OF GILROY PARKING DISTRICT NO. 1 - FIRST AND SECOND DIVISIONS.
WHEREAS, the City Council has adopted Ordinance No. 76-14
fixing the amount of revenue from property taxes necessary to sup-
port its departments for the current year 1976-1977, 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 dis-
tricts 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. 76-14
fixing the amount of revenue to support its departments and pay
for its Bonded Indebtedness for the current year at the sum of
$741,570.00 and to raise the said sum will require a tax rate for
the current fiscal year of $1.20 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 No. 76-14 the fixed amount of revenue, in the amount of
$13,870.00, required by the City of Gilroy Parking District No. 1 -
First and Second Divisions to pay its bonded indebtedness, and to
raise said sum will require a tax rate for the current fiscal year
of $3.53 on land only within said district which is Code area No.
2-007, for each $100.00 value on land assessed and equalized and
ORDINANCE NO. 76-15 -1-
or levying the annual tax upon property, need not be published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 ordin-
ance 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 the 16th day of
August, 1976, by the following vote:
COUNCIL ~MiEMBEES:
COUNCIL ..MEMBERS:
COUNCIL ~MBERS:
AYES:
NOES:
ABSENT:
CHILDERS, DeBELL, DUFFIN, LINK,
PATE and GODDRICH.
STOUT
None
APPROVED:
· / - v ~¥or~ -
ATTEST:
~.~ City' Clerk
-3-
I, SUSANNE E. STEINMETZ, City Clerk of the City of Gilroy, do hereby
certify that the attached Ordinance No. 76-15is an original ordinance,
duly adopted by the Council of the City of Gilroy at a regular meeting of
said Council held on the 1.~th. day of August , 19 76 , at which
meeting a quorum was present.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
official seal of the City of Gilroy, this .
/J~itY Clerk of th~City Of Gilroy ~
17th day of August , , 1976