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1 2 $ 4 8 10 11 14 1§ 17 18 10 ~0 27 28 29 30 ORDINANCE NO. 3631 AN ORDINANCE OF THE CITY OF RIVERSIDE, CALIFORNIA, FIXINO THE SUM OF $1.130 THE RATE OF TAXATION TO BE LEVIED UPON EACH $100 OF ASSESSED VALUE OF THE TAXABLE PROPERTY WITHIN SAID CITY FOR THE FISCAL YEAR ENDIN0 JUNE 30, 1970; AND DECLARINO THIS ORDINANCE TO BE AN EMEROENCY MEASURE. The City Council of the City of Riverside does ordain as follows: Section 1: The rate of taxes which will raise the amount of revenue from property taxes upon taxable property in the City of Riverside necessary to support the departments of the City of Riverside, including the additional taxes which will raise revenue necessary to meet: (1) Ail liabilities of the City for principal and inter- est of all bonds due or to become due during the fiscal year;and (2) Ail obligations of the City to the Public Employees' Retirement System and OASDI during the fiscal year; and (B) To support the city libraries, all for the fiscal year beginning July 1, 1969, and ending June 30, 1970, as fixed by ordinance, is hereby fixed at the total rate of One and 1B/lO0 Dollars ($1.130), upon each One Hundred Dollars ($100) of taxable property in the City of Riverside, as the value thereof has been assessed and equalized. Said tax rate- is the sum of the several rates necessary to provide said revenue, and is allocated as follows: General Fund $.?93 Library Fund .194 General Bond Service Fund (which includes): 1955 Fire Bond Interest and Hedemption Fund, 1957 Municipal Improvement Bond Interest and Redemption Fund, 1962 Municipal Improvement Bond Interest and Redemption Fund 1969 Fire Protection Bond Interest and Redemp%ion Fund .123 Capital Outlay Fund (for street improve- ment purposes only) ..... 020 Total Tax Rate $1.130