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HomeMy WebLinkAboutCM 07016046 8 City Hall Central Point, Oregon July1,1960 The Common Council met in adjourned regular session with Mayor Mason presiding . Roll call found: Ayers, Bigham, Colley, Saxburyq present. Absent: Chia= and Patterson The purpose of the meeting was a hearing on the City Budget. Mayor Mason read Ordinance #554, this being an Ordinance for adopting a budget for the Fiscal Year commencing July 1,1960, and levying taxes for said fiscal year. Ordinance No. 554 AN ORDINANCE adopting a budget for the Fiscal Year commencing July 1,1960, and levying taxes for said fiscal year for General Municipal purposes and for the payment of Bonded Debt of the City of Central Point, Oregon. WHEREAS, a hearing was held by the Common Council of the City of Central Point, on the let day of July,1960, upon the budget for said City for the Fiscal Year commencing July 1,1960. WHEREAS, said budget provides for a levy of taxes for said fiscal year for General Municipal purposes in the amount of $37,152.00, and for the payment of bonded debt in the amount of $2300.00 and IIIIEREAS, said tax levy for General Municipal purposes consists of $10,841.16 which is within the limitations on taxation imposed by Article XI,Section II of the Constitution of the State of Oregon, and $24,010.84 which is outside said Constitutional limitations, and WHEREAS, it has been computed that 20.8 mills levied upon the taxable property within the City of Central Point, as authorized by Article XXXIII of the Charter of said City, will provide a sum greater than the afore— mentioned $24,010.84 and 1VUEREAS, the tax levies provided for in the budget so approved as aforesaid do not excel limitations imposed by the Constitution of the State of Oregon in an amount greater than is authorized by Article XXXIII of the Charter of the City of Central Point, Oregon, now therefore: THE PEOPLE OF THE CITY OF CENTRAL POINT DO ORDAIN AS FOLLOWS: Section 1: That the Budget as published in the Medford Mail Tribune on the 10th day of June and the 21st day of June is hereby adopted. Section 2: That the taxes and other receipts of the City of Central Point for the fiscal year commencing July 1,1960 be, and the same hereby are appropriated to and for the respective purposes and in the same amounts as set forth in the Budget for the said City of Central Point for the fiscal year. Section 3: That as authorized by law and by the Charter of the City of Central Point, there is hereby levied upon the taxable property of said City, as shown on the tax rolls of Jackson County, Oregon, for said tax year, the sum of $37,152.00 as follows: For Bonded Debt: $2,300.00 For General Municipal purposes: $10,841.16 within the 6$ limitation provided by Article XI,Sa:ction II of the (July 1,1960)`-� Constitution of the State of Oregon, and $24,010.64 out— side said 6% limitation but within the continuing levy of 15 mills authorized by Article XXXIII of the Charter of the City of Central Point. Section 4: The Recorder is hereby directed to certify to the Assessor of ackson County, Oregon, the levies of taxes of the CitZ of Central Point, in accordance with provisions of the Local BudgetL aw and of the Ordinance. Passed by Common Council and signed by me in open session in authentication of its passage, this lot day of July,1960. F.W. Mason ��. �W� Mayor APPROVED by me this let day of July,1960 F.W. Mason Mayor ' ATTESTt 7-1. Pan11 City Recorder A motion was made by Bigham, second by Colley the Ordinance be adopted. Roll call: Ayes; Ayers, Bigham, Colley, Saxbury. Ordinance adopted. There being no more business, a motion "a made by Saxbury,second by Aye ra that the meeting be adjourned to the call of the Mayor or to the next regular meeting night. Motion carried. Mayor APPROVED by me this 5th day of July,1960 ATTESTS LVqTW Recor r