Resolution - 2008-45RESOLUTION NO. 2008-45
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST
COVINA, CALIFORNIA, SETTING THE AMOUNT OF MONEY
NECESSARY TO BE RAISED FOR WEST COVINA LANDSCAPE
MAINTENANCE DISTRICT NO. 2 AND FIXING THE TAX RATE FOR
SAID MAINTENANCE DISTRICT FOR THE FISCAL YEAR
BEGINNING JULY 1, 2008
The City Council of the City of West Covina, California, does hereby resolve as follows:
SECTION 1. As applicable, the tax levied on the real property is exempt from the application
of Article XIII A, Section I(A) and Article XIII C of the Constitution of the State of California
and is levied for the benefit of the residents of the District.
SECTION 2. The amount of money necessary to be raised by the tax, upon the assessable
property within Maintenance District No. 2, City of West Covina, for the current Fiscal Year
beginning July 1, 2008 is hereby fixed as follows:
For the cost of maintaining and operating the open space, improvements and facilities
thereon within the Maintenance District No. 2, City of West Covina: $115,419.
SECTION 3. For the purpose of raising the sum of money necessary to be raised by the tax
upon the assessable property within Maintenance District No. 2, City of West Covina, as revenue
to maintain and operate the open space, improvements and facilities within the said Maintenance
District, the rate is hereby fixed and taxes are hereby set on all assessable real property in the
said Maintenance District for the Fiscal Year beginning July 1, 2008, at the rate of 6.18 cents per
one hundred dollars of assessed value of said assessable real property as assessed by the County
Assessor and equalized by the Assessment Appeals Board of the County of Los Angeles and
with respect to certain property as assessed by the State Board of Equalization and equalized by
said Board as follows:
Estimated Assessed Value of Land Within Entire District $186,763,005
Benefit Tax Rate
$0.0618 per one
hundred dollars
No separate tax is being levied upon the assessable property within any zone in
Maintenance District No. 2 for the Fiscal Year beginning July 1, 2008, and no money is being
raised to finance special services within any such zone.
ATTESTED:
APPROVED AND ADOPTED this 1" day of July 2008.
� jZf'oje-r L
Mayor Sherri Lane
7
Resolution No. 2008-45
Page 2
I, LAURIE CARRICO, CITY CLERK of the City of West Covina, California, do hereby certify
that the foregoing resolution was duly adopted by the City Council of the City of West Covina,
California, at a regular meeting held thereof on the I" day of July 2008, by the following vote of
the City Council:
AYES: Herfert, Hernandez, Touhey, Lane
NOES: None
ABSENT: Sanderson
ABSTAIN: None
• ' • ���.`II17��J �uE
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Ci y Attorney hold Alvarez-Glasman
i
ity Clerk Laurie Carrio