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Ordinance - 543• • ORDINANCE NO. 543 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF WEST COVINA.FIXING THE RATES OF TAXES AND LEVYING TAXES FOR THE.FISCAL.YEAR BEGINNING.JULY 1, 1957. The City Council of the City of West Covina does ordain as follows: SECTION 1. That for the purpose of raising the sums of money necessary to be raised by taxation upon the taxable property of the City of West Covina as a revenue to carry on the various departments of said City for the fiscal year beginning July 1, 1957, the rates of taxes for the City of West Covina are hereby fixed and taxes are hereby levied on all taxable property in the said City for the fiscal year,b.e'ginning July 1, 1957 in the number of cents upon each One Hundred Dollars of the assessed value of said property as assessed by the County Assessor and equalized by the Board of Supervisors 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, and for the several funds.and purposes set forth in the following table, the taxes levied upon property in all of said City. ASSESSED VALUE For the General Budget Fund For theconstruction of facilities for flood control For the Interest and Sinking Fund for Improvement Bonds authorized at . election in 1951 TOTAL GENERAL TAX RATE .0 .05 .00 .88 $53,860.410.00 SECTION 2. The City Clerk shall certify to the adoption of this ordinance and, shall cause the same to be published as required by law and the same shall be in full force and.effect.immediately ppon passage. Passed and approved this 30th day of August, 1957. STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY. OF WEST COV INA ) I. ROBERT FLOTTEN, City Clerk of the City of West Covina, do hereby certify that the above Ordinance No. 543 was regularly introduced and placed upon its first reading at a special meeting of the City Council on the 24th day of August, 1957. That, thereafter, said ordinance was duly adopted and passed at an adjourned,adjourned regular meeting of the City Council on the 30th day of August, 1957, by the following vote, to wit: • AYES: Councilmen Barnes, Brown, Mottinger, Pittenger, Mayor Kay NOES: None ABSENT: None City Clerk of the City of West Covina • -2- 0