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ORDINANCE 1~0. N~.~50 OF THE CITY OF SANTA ANA, CALIFORNIA, FIXING THE A~OUNT OF MONEY ASCERTAINED TO CARRY ON THE VAR- IOUS DEPART~[ENTS 0F THE CITY OF SANTA ANA, TO PAY THE BONDED INDEBTEDNESS FALLING DUE, FOR THE CURRENT YEAR 1958-1959, FIX~ ING '~X4E RATE OF TAXATION FOR THE CURRENT YEAR 1958-1959, AND DESIGNATING THE NUMBER OF CENTS ON EACH $100.00 FOR THE VARIOUS FUNDS OF SAID CITY A2~D HEREBY IEVIED ON THE WHOLE OF THE TAX- ABLE PROPERTY OF SAID CITY WHEREAS, heretofore, on the 28th day of December, 1914, the City of Santa Ana did elect to avail itself of the provisions of State law providing that assessment of property and collection of taxes might be done for cities by the county in which the cities were lo- cated; and WHEP~EAS, under the provisions of Section 600 of the Charter of the City of Santa Ana, the county system of assessment and tax col- lection shall continue to be used unless otherwise provided by Ordin- ance; and WHEREAS, the Auditor of the County of Orange filed his statement in writing with the City of Santa Ana, showing the total value of all property within the corporate limits for the fiscal year 1958-%9 as equalized a~ d collected by the Board of Supervisors of Orange County, ~d fixed the sum as shown by the assessment rolls for said year at ~1Q~3~2%9,7~0,00 exclusive of operative property belonging to public utilities, and showing the total value of al 1 property belonging to public utilities and used as operative property within the corporate limits of said City for said fiscal year as tentatively determined by the Board of Equ~liz~atlon of the State of California to be $.11,294,530.00, which said amounts make a total o~ssessed valuation for tax purposes within the City of Sa~ ta Ana of the sum of ~114, 554, 280.00, NOW, ~HEREFORE, 5HE CITY COUNCIL OF THE CITY OF SANTA ANA DOES ORDAIN AS FOLLOW;S: SECTION 1. That the total valuation of the taxable property of the City of Santa Ana of %~114,554,280.00 shall be used as a basis for the levy of the taxes of the City of Saa ta Ana, at the sa~ time and in the same manner in which County levies are made ~nd collected.