Resolution - 9595I
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RESOLUTION NO. 9595
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, 1998.
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 l(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, 1998, 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: $10,218.
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,
1998, in the number of 1.0 cents upon 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 $102,189,313
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, 1998, and no money is being
raised to finance special services within any such zone.
APPROVED AND ADOPTED this 7' c
ATTESTED:
City Clerk
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City
Council of the City of West Covina, California, at a special meeting thereof held on the 7' day
of July 1998, by the following vote of the Council, to wit:
AYES: Councilmembers: Herfert, Howard, Touhey, Wong, Melendez
• NOES: Councilmembers: None
ABSENT: Councilmembers: None
•
Approved as to form:
Ili City Atto ney
TMM. M H. \word\M D2STAFF9899
DOC.NO98-148
City Clerff