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ORDINANCE NS-1231 ORDINANCE NS-1231 OF THE CITY OF SANTA ANA, CALIFORNIA. FIXING THE AMOUNT OF MONEY ASCERTAINED TO FINANCE OPER- ATING AND CAPITAL EXPENDITURE COSTS OF THE VARIOUS DE- PARTMENTS OF THE CITY, AND TO PAY THE BONDED INDEBTEDNESS FALLING DUE FOR THE CURRENT FISCAL YEAR 1974-75 FIXING THE RATE OF TAXATION FOR SAID CURRENT FISCAL YEAR, AND DESIGNATING THE NUMBER OF CENTS OF TAX ON EACH $100.00 OF ASSESSED VALUE FOR THE VARIOUS FUNDS OF SAID CITY HEREBY LEVIED ON THE WHOLE OF THE TAXABLE PROPERTY IN 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 city was located; and WHEREAS, 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 ordinance; and WHEREAS, the Auditor of the County of Orange has informed the City of Santa Ana that his office has made a tentative determina- tion showing the total value of all property within the corporate limits for the fiscal year 1974-75 and fixed said sum for said fiscal year at $532,047,360, exclusive of operative property belonging to public utilities, and showing the total value of all property be- longing to public utilities and used as operative property within the corporate limits of the said City for said fiscal year as tent- atively determined by the Board of Equalization of the State of Cal- ifornia to be $23,500,000, which said amounts make a total of the sum of $555,547,360. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA ANA DOES ORDAIN AS FOLLOWS: SECTION 1: That the total valuation of the taxable property of the City of Santa Ana of $555,547,360 shall be used as a basis for the levy of the taxes of said City, at the same time and in the same manner in which the County of Orange levies are made and collected. SECTION 2: That the City Council of the City of Santa Ana does hereby levy a tax for the fiscal year beginning July 1, 1974, and ending June 30, 1975 for the purpose of financing the operating and capital expenditure costs of the various departments, to pay the bonded indebtedness and interest, to pay the amounts due the State Employees' Retirement System, to maintain the library, to operate the recreation and parks program, and fixes the rate thereof at $1.3500 on each $100.00 of assessed value of all property within the City of Santa Ana except as to payment on bonded indebtedness, which tax hereby levied shall not apply to those areas expressly excluded here- inbelow, and apportions said amount among the various funds and purposes as follows: For the GENERAL FUND, $0.6350 on each $100.00 of the taxable property in said City; For the LIBRARY FUND, $0.1800 on each $100.00 of the taxable property in said city: -1-