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~^~REAS, the City Council elects to levy a total tax for the <br />sum of $2.20 on each $100.00 of the taxable property of said City as <br />provided by law, the amount of money ascertained and fixed to carry <br />on the various departments of the City of Santa Ana and to pay the <br />bonded indebtedness falling due for the current year 1947-1948 is the <br />fixed sum of $880,000.00; and <br /> WHEREAS, said sum is to be apportioned among the various de- <br />partments of the said City of Santa Ana and placed in the general and <br />special funds to pay current municipal expenses on the assessed value <br />of all the real and personal property within such municipality, over <br />and above the several sums to be raised as provided by law: <br /> <br /> SECTION l: That the total valuation of the taxable property <br />of the City of Santa Aha of $~O~shall be used as a basis for <br />the levy of the taxes of the City of Santa Ana, at the s~ae time and <br />in the same manner in which County levies are made and collected. <br /> <br /> SECTION 2: That the rate of taxation for municipal purposes <br />and to pay the bonded indebtedness and interest of the City of Santa <br />Ana, California for the current year 1947-1948, is hereby fixed at <br />$2.20 on the taxable property of said City, and that said amount of <br />$880,000.00 in the aggregate, and the rate sum of $2.20 on each <br />$100.00 of the taxable property of said City is hereby levied upon <br />all the taxable property as ascertained by the County Assessor and <br />equalized by the Board of Supervisors of Orange County, California, <br />and as ascertained and equalized by the Board of EcLualization of the <br />State of California, as aforesaid, and which said rate so fixed shall <br />be apportioned among special fun~s to pay the current expenses, bonded <br />indebtedness and interest and other indebtedness of said City, falling <br />due for the current fimcal year 1947-1948 and other several sum~ to be <br />raised as fixed and provided by law, as follows, to-wit: <br /> <br /> For the General Fund $.66 on each $100.00 of the taxable pro- <br />perty of said City; <br /> <br />- 2 - <br /> <br /> <br />