Resolution - 8880•
RESOLUTION NO. 8880
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, 1992.
The City Council of the City of West Covina does resolve as follows:
SECTION 1. As applicable, the tax levied on real property is exempt from
the application of Article 13A, Section l(A) of the Constitution of the State of California and
is levied for the benefit of the residents of that 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, 1992, 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: $9,663.
SECTION 3. For the purpose of raising the sum of money necessary to be
raised by the tax upon the assessable real property within Maintenance District No. 2, City
of West Covina as revenue to maintain and operate the open space, improvements and
facilities within said maintenance district, the rate is hereby fixed and taxes are hereby levied
on all assessable real property in the said Maintenance District for the fiscal year beginning
July 1, 1992, in the number of cents upon one hundred dollars of the 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............................$96,626,792
Benefit Tax Rate .......................................... $0.0100 per
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, 1992, and no money is being
raised to finance special services within any such zone.
SECTION 4. The City Clerk shall certify to the adoption of this resolution.
APPROVED AND ADOPTED this 4th day of August , 1992.
T:
ity Clerk
-1-
Mayor
mdZ(6)91-92
•
s
I HEREBY CERTIFY that the foregoing resolution was duly adopted by the City
Council of the City of West Covina, California, at a regular meeting thereof held on the 4th
day of August , 1992, by the following vote of the Council, to wit:
AYES: Councilmembers:
NOES: Councilmembers:
Manners, Jennings, McFadden
None
ABSENT: Councilmembers: Herfert
ABSTAIN: Councilmembers: Wong
Approved as to form:
OuQca,v 2'K 0- UA621
City Attorney
�-/ ' O ity Clerk J
md2(b)91-92