HomeMy WebLinkAboutOrdinance 2075-A N.C.S. 08/03/1998a-r:a ekt
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F OIRIDINANCE
AUG 3 1998
INTRODUCED
BY COUNCILMEMBER
Nancy Read
ORDINANCE NO. 2075-A N.C.S.
SECONDED BY
Vice Mayor Matt Maguire
AN ORDINANCE LEVYING RATE OF TAXATION UPON THE
ASSESSED VALUATION OF THE PROPERTY IN THE CITY OF
PETALUMA FOR THE FISCAL YEAR DULY 1, 1998 TO DUNE 30, 1999
AND DECLARING ITS URGENCY TO TAKE EFFECT IMMEDIATELY
16 BE IT ORDAINED BY THE COUNCIL OF THE CITY OF PETALUMA AS FOLLOWS:
17 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
24 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
28 provide funds necessary to the preservation of the public peace, health and safety for the City of
29 Petaluma.
30 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.
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INTRODUCED. ADOPTED AND ORDERED posted/grid this 3rd
August ; 1998; by the following vote:
AYES: Torliatt, Hamilton, Read, Stompe, Vice Mayor Maguire, Mayor Hilligoss
NOES. None
ABSENT: Keller
Attest:
Patricia E. Bernard. City Clerk
Approved:
City Attorney
day of
�A
Ord. 2075 NCS
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