Loading...
1978-140-Fixing Tax Rate 1978-79RESOLUTION NO. 1978 -140 RESOLUTION OF THE TOWN OF LOS GATOS FIXING TAX RATE 1978 -79 RESOLVED, by the Town Council of the Town of Los Gatos, as follows: 1. 2 3 This resolution becomes effective only if the Jarvis - Gann Initiative (Proposition 13) is held invalid. This resolution is adopted pursuant to the provisions of Section 51511 of the Government Code of the State of California. The tax rates levied by this Council for the fiscal year 1978 -79 for municipal purposes upon each One Hundred ($100.00) Dollars of the assessed valuation of the property within the Town are hereby fixed at the following rates: Secured Unsecured ROLL A: GENERAL FUND $ .190 $ .240 PARK FUND .350 .485 LIBRARY FUND .250 .250 1965 PARK BOND INTEREST AND REDEMPTION .040 .040 $ .830 $ 1.015 ROLL E: GENERAL FUND $ .190 $ .240 PARK FUND .350 .485 LIBRARY FUND .250 .250 $ .790 $ .975 BE IT FURTHER RESOLVED that parcels located within Tract 3026 and Tract 3162 as approved and confirmed by the Town Council on March 21, 1965, and known as Open Space Maintenance District No. 65 -11, shall be assessed Twenty -five ($.25) Cents per One Hundred ($100.00) Dollars of assessed valuation for the fiscal year 1978 -79. The Town Clerk shall immediately transmit to the County Controller of Santa Clara County a statement of the rates fixed. This resolution shall be published once within fifteen (15) days of its adoption in the Los Gatos Times - Saratoga Observer pursuant to Section 36936.1 of the Government Code of the State of California. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos held on the 1978, by the following vote: 21st day of August , AYES: COUNCIL MEMBERS Ruth Cannon, Thomas J. Ferrito John B. Lochner, Peter W. Siemens and Mardi Gualtieri NOES: COUNCIL MEMBERS None ABSENT: COUNCIL MEMBERS ABSTAIN: COUNCIL MEMBERS ATTEST: None None SIGNED: sy �� MAYOIL OF THE TOWN OF LOS GATOS CLERK OF HE TOWN/ OF LOS GATOS t -2-