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CC - 1959 - 63 - Levied for Municipal PurposesRESOLUTION NO. e-3 A RESOLUTION OF THE CITY OF ROSEMEAD FINDING, DECLARING AND DETERMINING THAT NO PROPERTY TAX BE ASSESSED OR LEVIED FOR MUNICIPAL PURPOSES. THE CIT73 COUNCIL OF THE CITY OF ROSEMEAD DOES FIND, DETERMINE AND RESOLVE AS FOLLOWS: Section 1. That the anticipated revenues of the City or Rosemeac for the fiscal year 1960-61 are sufficient to provide for the anticipated expenditures of the City for said fiscal year, without the imposition of a property tax on the real and personal property located within the City of Rosemead, for municipal purposes, and no such property tax appears to be necessary for the foreseeable future. Section 2. That no property tax be levied by the City of Rosemead upon real or personal property within said City for the fiscal year 1960-61. PASSED AND ADOPTED this 28th day of October, 1959. MAYOR OF THE CITY OF ROSEMEAD ATTEST: CITY CLERK