HomeMy WebLinkAboutOrdinance 1770 N.C.S. 08/07/1989L AUG 7 1%9 1 ORDINANCE NO.
1770 N.C.S.
Seconded by Councilperson
John Balshaw
AN ORDINANCE LEVYING RATE OF TAXATION UPON THE
ASSESSED VALUATION OF THE PROPERTY IN THE CITY OF
PETALUMA FOR THE FISCAL YEAR JULY 1, 1989 TO JUNE 30, 1990
AND DECLARING ITS URGENCY TO TAKE EFFECT IMMEDIATELY
BE IT ORDAINED BY THE COUNCIL of the City of Petaluma as follows:
Section 1. The City Council having adopted its annual budget,
there is hereby levied upon the assessed valuation of the property in
the City, including property as originally incorporated and added
thereto upon each One Hundred ($100.00) valuation of said property:
FOR DEBT SERVICE . . . . . . . . $.0153
The Council hereby finds and determines that said 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 safety and
shall take effect and be in force upon its passage by a unanimous vote
for 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, 1989, in order to comply with the City Charter and provide
funds necessary to the preservation 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 manner required by
the City Charter.
INTRODUCED AND ORDERED published and ADOPTED this 7th day of
August, 1989 by the following vote:
AYES:
Tencer, Woolsey, Cavanagh, Balshaw, Davis, Vice Mayor Sobel,
Mayor Hilligoss
NOES: 0
ABSENT: 0
TTTES
CU
Patricia E. Bern , City Clei
DEPUTY CITY CLERK