City Council

4.\nADOPTION OF A RESOLUTION ESTABLISHING THE 2025-26 GENERAL OBLIGATION\nBOND TAX RATE FOR THE LEVY OF AN AD VALOREM TAX TO BE COLLECTED TO\nMAKE DEBT SERVICE PAYMENTS ON OUTSTANDING GENERAL OBLIGATION BONDS\nISSUED TO FINANCE THE ACQUISITION OF JOHNSON’S PASTURE\nRecommendation: Staff recommends the City Council adopt A RESOLUTION OF THE CITY\nCOUNCIL OF THE CITY OF CLAREMONT, CALIFORNIA, REQUESTING\nAND AUTHORIZING THE COUNTY OF LOS ANGELES TO LEVY A TAX ON\nALL REAL PROPERTY IN THE CITY OF CLAREMONT AS A VOTER\nAPPROVED LEVY WITH RESPECT TO THE CITY'S GENERAL\nOBLIGATION BOND APPROVED BY THE VOTERS AT THE NOVEMBER 7,\n2006 STATEWIDE GENERAL ELECTION TO FUND THE ACQUISITION OF\nJOHNSON' S PASTURE.\nAttachment( s):\nResolution Establishing the 2025-26 General Obligation Bond Tax Rate\n2025-26 General Obligation Bond Tax Rate Calculation