HomeMy WebLinkAboutCC ORD 1958-934 Bonded indebtedness (Special)ORDINANCE '0.
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of tL.t'. :�1,. t✓(' ofCalifornia, t.:-_ v_ ..��!l'.�.i ofofltI ._ .iL- _..- _^V..:r.A.: 1_,
Call.re.e ..s required to f;..: .of at of re`ierl'_ie, frne ro ert'y taxes,
i
t support its
nor -ent for current t_ yen a��
CeSS?;l'V t,i? "' "'t .tvS de'.,<.�.t' r,..�5 the .I.. �?`!l. wear and t0 ';13v the
bondedIndebtedness:
_N.I:7, THEREFORE, the City Council of CITY OF NIO;'•L CITY doesordain as
follows:
SECTION _. That tho CJ_t , Council of .__ %l National City
does deter::.ine that the a•. ount of revenue required for the operation
of depart '.eats of the City Govern:'ent and to pay the bonded indebtedness
of the said City for the f scab_ year ly53-5e is as follows:
ESTI'':.'TED EXPENDITURES F?Ol GENERAL FUND:
Total Current and Unrestricted.:
Estt _ gated Revenue for General Fund
frr: all sources other than property
taxation ). . 7u, 304. U 8
^ va ils ble Funds July 1, 11'S3 3_2 052 04
:04,418 78
$1, 688, 336 .2
To be raised by taxation for General Fund 2i6 ' ,0ELl.uu 86
ESTIhA TED EXPENDITURES TO BE FJ ISFD BY PROPERTY
TAX LEVIES FOR FOLLOWING FUNDS:
Library $68, 374.00
1,
Ret:tre e:�+ ,t �' 4 ,759 .00
Par"( 73, 843.92
ESTI r,TED EXPENDITURES FOR BONDED
INDEBTEDNESS:
Bond No. 3 $21, 66 7 .50
,vailable 3, 74.65
be raised by property taxation for Bonded
Indebtedness $17,612.85
To
SECTION 2: That the ar'.ount to be raised by property tax
for Seneral revenue for said fiscal year 1958-59 is the sun of
$216,061.66 after delinquencies.
SECTION 3: That the aoount to be raised by property
tax necessary tc pay the bonded inde';tedness of BOND NO. 8 for
the said fiscalyear is the se-: of $17,6 2.85.
SECTION 4: That the a. o:.nt to be raised by property tax
for special funds for said fiscal ear is as follows:
(A) Library Fund $68, 3 r 4.00
(B)Park Fund 73,843.2
(CRetire -ent Fund 44, 75,2.00
all after delinquencies.
SECTION 5: That this ordinance shall take effect on its
passa;e and adoption pursuant to Sub -section (d) of Section 3637
of the Governent Code of the State of California.