Ord75 1645 - Laserfiche WebLink

Browse Search

.- CGM:dp:8/7/75 CGM:wg:8/11/75R 0 R D 1. NAN C E No.1 64 5 OQIG I NAl AN ORDINANCE FIXING THE AMOUNT OF MONEY TO BE RAISED BY TAXATION UPON THE TAXABLE PROPERTY WITHIN GENERAL IMPROVEMENT DISTRICT NO. 1-64 TO PROVIDE FUNDS FOR GENERAL IMPROVEMENT DISTRICT NO. 1-64, AND FIXING AND LEVYING THE TAX RATE THEREFOR AUG 25 1971 THE COUNCIL OF REDWOOD CITY DOES ORDAIN AS FOLLOWS: SECTION 1. GENERAL. The following general and special tax rates for General Improvement District No. 1-64 hereinafter set forth are hereby levied and fixed, for the fiscal year July 1, 1975 - June 30, 1976 in the amounts set forth herein as follows, to wit: (a) Fifteen Thousand One Hundred Forty-Seven and No/IOO Dollars ($15,147.00) as a special ad valorem assessment in accor- dance with Section 1302 of Ordinance No. 1128 (and, specifically the provision of subsection (a) thereof) for the payment of charges, claims, expenditures and expenses for the general administration of General Improvement District No. 1-64 and for maintaining, operating, repairing or otherwise improving projects of said District, and the tax rate therefor is hereby levied and fixed at $0.0941 on each One Hundred Dollars of assessed value of all taxable property within the limits of said General Improvement District No. 1-64 as said District was established by Resolution No. 4274, adopted by the Council of the city of Redwood city on May 4, 1964, together with all territory thereafter annexed thereto, as said value has been established in accordance with Ordinance No. 1290, adopted by the Council of the city of Redwood city on January 30, 1967. (b) Six Hundred Twenty-five Thousand Eight Hundred Seventy- five and No/IOO Dollars ($625,875.00) for the payment of principal and interest on Redwood city General Improvement District No. 1-64 Facilities Bonds, Series A, B, C and D, for deposit in the Redwood ~ 645