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Ord 0296-PROVIDING FOR THE ASSESSMENT, LEVYING, AND COLLECTION OF TAXES IN THE TOWN FOR THE ACQUISITION AND/OR MAINTENANCE AND/OR IMPROVEMENT OF THE PUBLIC PARKSORDINAINCE NO. AN O MIS ALICE PR.OVIDI"`G FOR THE ASSESSi E-dT, LEVYING, AND COLLECTION OF TAXES IN THE TGUN CF LOS GATOS FOR THE AC~,UI- S4.1 A'TD/GR -UIivTE'NANCE AND/OR I11PROVEJENT OF THE PUBLIC PA1-RXS OF THE TO"M OF LOS GATOS. THE TCWI; COUNCIL OF THE T07,Td OF LOS GATOS DOES ORDAIN AS FOLLO ,',`S : Section 1. The Town of Los Gatos may in addition to the annual tax levy for other municipal purposes, and at the same time, and in the same manner, cause to be assessed and levied upon t1rie taxable or o-oerty within the Town of Los uatos an annual tax in an amount necessary and groper for -he acquisition and/or ma i ntena.nce and./or improvement of its public parlrs. Section 2. The To-vin Council must, at the second. meeting of the Town Council in August of each year, determi ne whether or not to cause to be assessed and levied upon the taxable property within the Town of Los Gatos of an annual tax for the purposes provided in Section'l of this ordinance, and if it determines to cause to be assessed and levied upon, said taxable property tr?ithin the Town' of Los Gatos of an annual tax for said purposes, then the To-wn Council shall determine the amount and fix the rate necessary and, proper for said purposes designating the nura- ber of cents on each One Hundred Dollars (``100.00) of property levied upon for said purposes, and must then cause to be assessed and levied. a tax upon the taxable pro-erty trithin the Toi,trn of Los Gatos for said purposes; PROVIDED HO ,EVER, that the levy for said -purposes -provided in Section 1 of this ordinance for any year shall not exceed Fifteen (15r,/) Cents on each One Hu nt."tre d ($100.00) Dollars of assessed value of all real and personal property T,Tit--in the Town of Los Gatos. Section 3. The revenue so obtained from said tax shall be allocated to the public parlks fund and. shall not be applied- -I- s to any use or purpose other than the acquisition and/or main- tenance and/or improvement- of the public parks of the Town of Los Gatos. Section 4 This ordinance shall be published once in .(J'J a newspaper of general circulation printed and published in the Town of Los Gatos. The above and foregoing ordinance teas duly and regularly introduced at a regular meeting of the Town Council of the Town of Los Gatos held on the 19th day of July, 1943, and was thereafter on _ 9 the day of 1943, duly and regularly adopt d by the following vote: AYES: COUNCILIEN ~j NOES: COUNCILMEN ABSENT: COUNCILMEN ATTEST : TOtdI CLEIT- O THE TOWN OF LOS GATOS - 2-