HomeMy WebLinkAboutOrdinance 1485 N.C.S. 09/08/1981'w ~ 1d 7-2 4-8 ]
, ~ SEP ~ 1981 ~~~
:' -~ E~C~I~~ ~~~E Al1G 14 1981
~~~ C~~~B~~~CE
SEP - 819~1 ORDINANCE NO . 1485 N. C. S.
INTRODUCED BY COUNCILMAN SECONDED BY COUNCILMAN
~, Roland Bond Albert L, Battaglia
AN ORDINANCE LEVYING RATE OF TAXAT.ION UPON THE
ASSESSED VALUATION OF THE PROPERTY IN THE CITY
OF PETALUMA FOR THE FISCAL YEAR JULY 1, 1981 TO
JUNE 30, 1982 AND DECLARING ITS URGENCY TO TAKE
EFFECT IMMEDIATELY
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF PETALUMA AS FOLLOWS:
Section l. The City Council having adopted its annual budget,
there is hereby levied upon the assessed valuation of the property in
the City, including the property as originally incorporated and added
thereto subsequent to the original incorporation thereof, the follow-
ing rate of taxation upon each One Hundred Dollars ($100.00) valuation
of said property:
FOR DEBT SERVICE ................$0.038
The Council hereby finds and determines that sai.d rate of taxation is
sufficient to raise the amounts estimated to be required for annual
debt service of outstanding general obligation bonds.
Section 2. This ordinance is hereby declared to be necessary
for the immediate preservation of the public peace, health and safe-
ty and shall take effect and be in force upon its passage by a un-
animous vote of the members of the City Council present at the time
of its adoption. The reason for the urgency of this ordinance is that.
said tax levy must be adopted not later than the first Tuesday in
September, 1981, in order to comply with the City Charter and provide
funds necessary to the pre`servation of the public peace, health and
safety for the City of Petaluma .
Section 3. The City Clerk be, and she is hereby, directed to
publish this ordinance for the period and in the manne r required by the
City Charter.
ORDERED published this $tfl day of Sentember , 1981
ADOPTED this $th day of
September
, 198], by the following vote:
AYES : PERRY, I-IARBER.SON, BOlVD, BATI'AGLIA, BALSHAW, CAVANAGH, MAYOR MATl'EI
NOES : P
ABSENT:
Attest s
~ /
Ord, 1485