HomeMy WebLinkAboutRESO 4033•
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ORIGINAL
RESOLUTION NO. 4033
RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO
SITTING AS A BOARD OF EQUALIZATION OF THE CITY OF
PALO ALTO, EQUALIZING THE ASSESSMENTS OF PROPERTY
ON THE LOCAL ROLL
The Council of the City of Palo Alto, sitting as a Board
of Equalization, finds that:
(a) Applications for reduction of assessment were
duly filed by A. and S. Ginstling and Charles and Dorothy
Lindquist and a hearing was held on said applications by this
Board on July 24, 1967, at which time the Board heard testimony
from both of said applicants and the City Assessor.
(b) Said hearing was continued to September 18, 1967
for the purpose of hearing any further applications for re-
duction of assessment that might be filed.
(c) On this date the continued hearing was held and
no additional applicants for reduction of assessment appeared
and no further testimony was presented.
(d) The full cash value as shown by the City Assessor
on the local roll for fiscal year 1967-1968 for each of said
applicant's property has been correctly entered on said roll.
(e) The ratio of assessed value to full cash value,
as applied by the City Assessor for the purpose of assessing
said property on the local roll for the year 1967-1968 has
been correctly applied, the assessments are just and equitable
and each and all of said applications for reduction of assess-
ment are hereby denied,
NOW, THEREFORE, the Council of the City of Palo Alto,
sitting as a Board of Equalization, does RESOLVE as follows:
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SECTION 1. That the kcal roll prepared by the City
Assessor, a summary of which is attached hereto marked
EXHIBIT A shall be the Assessment Roll upon which each and
every tax upon real property is to be levied for the fiscal
year 1967-1968,
INTRODUCED AND PASSED: By Unanimous Vote September 18, 1967
ABSE►T: Comstock, Spaeth
ATT ST: APPROVED;
PPR ED AS TO FORM:
y
City Attorney
v
APPROVED:
Con roller/
APPROVED:
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2
ayor
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,SUMMARY
of
CITY OF PALO ALTO
ASSESSMENT ROLL
FISCAL YEAR 1967-1968
SECURED PROPERTY
LAND
IMPROVEMENTS
PERSONAL PROPERTY
TOTAL
LESS EXEMPTIONS
TOTAL SECURED
UNSECURED PROPERTY
PUBLIC UTILITIES
TOTAL ASSESSED VALUES
ASSESSED VALUES
$ 80,878,780
$120,558,250
$ 10,491,290
$211,928,320
$ 17,612,120
$194,3/6,200
$ 35,030,950
$ 13,838,060
$243,185,210
EXHIBIT A