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HomeMy WebLinkAboutOrdinance 2075-A N.C.S. 08/03/1998 r . , ~.r~ AC1G 3 1998 l ORDINANCE NO. 2075-q N.C.S. 2 3 4 INTRODUCED 5 BY COUNCILMEMBER SECONDED BY 6 7 g Nancy Read Vice_Mayor Matt Maguire 9 In AN ORDINANCE LEVYING RATE OF TAXATION UPON THE 11 ASSESSED VALUATION OF THE PROPERTY IN THE CITY OF 12 PETALUMA FOR THE FISCAL YEAR JULY 1, 1998 TO JUNE 30, 1999 13 AND DECLARING ITS URGENCY TO TAKE EFFECT IMMEDIATELY 14 15 16 BE IT ORDAINED BY THE COUNCIL OF THE CITY OF PETALUMA AS FOLLOWS: 1~ Section 1. The City Council hereby levies upon the assessed valuation of the property 18 in the City, including property as originally incorporated and added thereto upon each. One 19 Hundred ($100.00) valuation of said property: 20 FOR DEBT SERVICE $.005991 21 The Council hereby finds and determines that said rate of taxation is sufficient to raise the 22 amounts estimated to be required for annual debt service of outstanding general obligation bonds. 23 Section 2. This ordinance is hereby declared to be necessary for the immediate 2-t preservation of the public peace, health and safety and shall take effect and be in force upon its 25 passage by a unanimous vote for the members of the City Council present at the time of its 26 adoption. The reason for the urgency of this ordinance is that said tax levy must be adopted not 27 later than the first Tuesday in September, 1998, in order to comply with the City Charter and 2s provide funds necessary to the preservation of the public peace, health and safety for the City of 29 Petaluma. 3o Section 3. The City Clerk be, and she is hereby directed to post/publish this ordinance 31 for the period and in the manner required by the City Charter. a Ord. 2075'NCS Page I of 2 i I INTRODUCED, ADOPTED AND ORDERED posted/gnd this 3rd day of 2 August , 1998; by the following vote: -t 6 APES: Torliatt, Hamilton, Read, Stompe, Vice Mayor Maguire, Mayor Hilligoss x 9 NOES: None 10 11 ~ 12 ABSENT: Keller ~ 1=4 / I> .Patricia HilliVoss, Mayor 1G 1 ~ Attest: Approved: tx 19 2U 22 Patncia E. Bernard. City Clerk City ~{'torney ~A Ord. 2075 NCS Page 2 of 2