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HomeMy WebLinkAboutResolution No. 64470 0 RESOLUTION NO. 6447 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA, STRONGLY URGING THE LOS ANGELES COUNTY BOARD OF SUPERVISORS TO REDUCE THE DISTRICT RATES OF TAXES THROUGHOUT LOS ANGELES COUNTY. WHEREAS, a major portion of real and personal property within Los Angeles County has been reassessed for the fiscal year 1976-1977 by the Los Angeles County Assessor's office; and WHEREAS, it'has been determined that said reassessment has resulted in an average increase of approximately 14% in said assessment roll over the 1975-1976basis; and WHEREAS, said reassessment will provide to the various districts within the Los Angeles County and to the County of Los Angeles General Fund many millions of dollars of additional tax revenue; and WHEREAS, it has been determined by way of the Long Beach Los Angeles Consumer Price Index that there has been an increase of only 6.57% in the cost of living for said period; and WHEREAS, it appears that the County of Los Angeles Board of Supervisors will within the next thirty (30) days set tax rates for the various Los Angeles County Taxing Districts and will also set the tax rate for the General Fund of the County of Los Angeles; and WHEREAS, it now appears that the County of Los Angeles has the immediate ability and the financial opportunity to pass on to the various municipalities and to the taxpayers within said municipalities of Los Angeles County at least a portion of the financial benefits derived from the increased assessments; NOW, THEREFORE, the Los Angeles County Board of Super- visors is hereby requested and strongly urged to effect an immediate and substantial reduction in the tax rate of all Los Angeles County Taxing Districts and of the General Fund of the County of Los Angeles. BE IT FURTHER RESOLVED that a copy of this resolution be forwarded to the Los Angeles County Board of Supervisors. BE IT FINALLY RESOLVED, that the City Clerk shall certify to the passage and adoption of this resolution; shall cause the same to be entered in the book of original resolutions of said City and shall make a minute of the passage and adoption thereof in the records of the proceedings of the City Council of said City in the minutes of the meeting at which the same is passed and adopted. Passed, approved and adopted this 16th day of August, 1976. 2 ayor of/the City of Azusa I hereby certify that the foregoing resolution was duly adopted by the City Council of the City of Azusa at a regular meeting thereof held on the 16th day of August, 1976, by the following vote of the Council: AYES: NOES: 0 Councilmen: Councilmen ABSENT: Councilmen: 0 Decker, Fry, Arkison, Solem None Cruz city C er