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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />RESOLUTION NO. 4360 <br />A RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF COLTON FIXING AND ESTABLISHING <br />THE TAX RATE FOR THE BONDED INDEBTEDNESS <br />OF THE CITY OF COLTON FOR THE 1983-84 <br />FISCAL YEAR. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLTON <br />AS FOLLOWS: <br />The tax rate necessary to be applied to taxable property <br />in the City of Colton to generate revenue to pay a portion of the <br />bonded indebtedness of the City of Colton and the expense of col- <br />lecting such amount is $0.0078. <br />The rate is to be applied to the total value of the <br />property within the City as determined by the County Assessor and <br />applied by the County by the County Auditor of the County of San <br />Bernardino. <br />This Resolution is adopted pursuant to the general laws <br />of the State of California, specifically, Chapter 292 of the <br />statutes of 1978 implementing Proposition 13. The ad valorem tax <br />rate is to retire the current year amount, $29,900, of the Gener- <br />`- amount of 0 000 approved b ref- <br />erendum Obligation the <br />in 1965. <br />PASSED, APPROVED and ADOPTED this 16th day of August, <br />1983. <br />R H N OON <br />Mayor <br />ATTEST: <br />ELEN A. RAMOS, CMC <br />City Clerk <br />