Ordinance 1980-27 ORDINANCg NO. 80 - 27
ORDINANCE OF THE CITY OF GILROY FIXING THE AD VALOREM ASSESS-
MENT FOR THE CURRENT FISCALiYEAR 1980-1~8~ NECESSARY TO PAY
BONDED INDEBTEDNESS OF THE ~ITY OF GILROY AND THE CITY OF GIL-
ROY PAP~ING DISTRICT NO. 1 ~ FIRST AND SECOND DIVISIONS.
WHEREAS, the City ~ouncil has adopted Ordinance No.
80 - 26 fixing the amount o~ revenue from property taxes neces-
sary in the current year 191
indebtedness of the City or
and
WHEREAS, Section 51
t0-1981 to pay the bonded and other
any portion or district of the City;
[511 of the Government Code requires
that the City Legislative b~dy annually before September 1st,
fix the rate of taxes or rates of taxes if different portions or
districts require differentirates, designated in the number of
cents upon each $100.00, using as a basis the value of the prop-
erty as assessed and equalized, which rates shall be sufficient
to raise the amount fixed b? ordinance or resolution and the
expenses of collection; and!
I,~EREAS, the City Council has adopted Ordinance No. 80-
26, fixing the amount of revenue to pay for its Bonded Indebted-
ness for the current year at the sum of $54,781.00 and to raise
the said sum will require altax rate for the current fiscal year
of $.06 for each $100.00 value of property as assessed and equali-
zed and said rates should b~ adopted as the tax rates for said
current fiscal year; and ~
WHEREAS, the City Council has also adopted in said Ord-
inance No. 80 -26 the fixed amount of revenue, in the amount of
$12,032.00, required by the
1 - First and Second Divisi~
City of Gilroy Parking District No.
ins to pay its bonded indebtedness,
ORDINANCE NO. 80 - 27 -1-
and to raise said sum will ~equire a tax rate for the current
fiscal year of $2.83 on lan only within said district which is
Code area No. 2-007, for ear,hi $100.00 value on land assessed and
equalized and said rate sho~l~ be adopted as the tax rate for
said current fiscal year;
NOW, THEREFORE, BEFIT ORDAINED that the tax rates for
the fiscal year 1980-1981 f~r the City of Gilroy shall be as
follows:
Section 1. That
$100.00 value of property az
Section 2. Asses~
ment in the amount of $2.83
~he tax rate shall be $.06 for each
assessed and equalized.
ment LeV~ An ad valorem assess-
on each $100.00 of assessed valua-
tion upon all land (exclusiVe of public property in use in the
performance of a public funttion) within the special assessment
district, Code Area No. 2-007, formed in the proceedings pur-
suant to Resolution No. 837 !of Preliminary Determination and of
Intention- First Division a~d Resolution No. 1806 of Preliminary
Determination and of Intention for the proposed acquisition and
construction of parking facilities and the formation of Parking
District No. 1 - First and Second Divisions is hereby levied for
the payment of the principal and interest on the indebtedness
incurred in said proceeding~ and due on Bond Plan D, City of
Gilroy Parking Bonds of 196~ - First and Second Divisions.
Said assessment sh~Lll 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 non-oayment thereof,
and title shall pass to theipurchaser, as provided for City taxes,
except that the period of redemption shall be one year instead
ORDINANCE NO. 80 - 27 -2-
of five.
s'ection 3. That ~here shall be immediately trans-
mitted to the County Auditor or County official performing the
duties of a County Auditor, a statement of the tax rates as
herein fixed.
Section ~4. For the reason that Article VI of the
Gilroy Charter provides tha~ an ordinance declaring the amount
of money necessary to be raised for taxation or fixing the rate
of taxation or levying the annual tax upon property, need not
be published and can be mad~ effective immediately upon adoption,
this ordinance shall take e~fect from and after its adoption
and approval, but the City Clerk shall cause at least the title
and summary of this ordinanee to be published once in the o£fi-
cial newspaper of the City Within fifteen (15) days after its
adoption.
PASSED AND ADOPTED
the following vote:
AYES: COUNCIl
NOES: COUNCIl
ABSENT: COUNCII
ATTEST:
this 18th day of August, ].980, by
>~EMBERS: ALBERT, HUGHAN, LINK, PATE
TAYLOR and GOODRICH.
~MBERS: ~,~one
}~MBERS: CUN~INGHAM
APPROVED:
Mayor
City ~]-erk ! ~
ORDINANCE NO. 80- 27 -B-
I, SUSANNE E. STEINMETZ, City Clerk of the City of Giiroy, do hereby
certify that the attached Ordinance No. 80-27 is an original ordinance,
duly adopted by the Council of the City of Gilroy at a regular meeting of
said Council held on the18t1~ day of Au§u$1z, 19 80, at which
meeting a quorum was present.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
~.~a, seal of the City of GiJro¥, this 19t1~ day of Attgt~st . . , '9 80
lerk o~ the tit9 of Gilroy ~'
- -