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8/5/02 <br /> <br /> ORIGINAL <br /> ORDINANCE NO. 2229 <br /> <br /> AN ORDINANCE FIXING THE AMOUNT OF MONEY TO BE RAISED BY <br /> TAXATION UPON THE TAXABLE PROPERTY WITHIN GENERAL <br /> IMPROVEMENT DISTRICT NO. 1-64 TO PROVIDE FUNDS FOR <br /> GENERAL IMPROVEMENT DISTRICT NO. 1-64, AND FIXING AND <br /> LEVYING THE TAX RATE THEREFOR <br /> <br /> THE COUNCIL OF REDWOOD CITY DOES ORDAIN AS FOLLOWS: <br /> <br /> SECTION 1. GENERAL. The following general and special tax rates for <br />General Improvement District No. 1-64 hereinafter set forth are hereby levied and fixed, <br />for the fiscal year July 1, 2002 - June 30, 2003, in the amounts set forth herein as <br />follows, to wit: <br /> <br /> (a) One Million Four Hundred Thousand Six Hundred Seventy Five and no/100 <br />dollars ($1,400,675.00) for the payment of principal and interest on Redwood City <br />General Improvement District No. 1-64 Facilities Bonds, Series A, B, C, D, and E for <br />deposit in the Redwood City General Improvement District No. 1-64, Facilities Bond <br />Principal and Interest Fund, and for payment of costs incurred in assessment and <br />administration of the district, and the special tax rate therefore is hereby levied and <br />fixed at $0.1359 on each One Hundred Dollars ($100.00) of the assessed value of all <br />taxable real property within the limits of General Improvement District No. 1-64 as said <br />District was established by Resolution No. 4274, adopted by the Council of the City of <br />Redwood City on May 4, 1964, together with all territory thereafter annexed thereto, as <br />said value has been established in accordance with Ordinance No. 1290, adopted by <br />the Council of the City of Redwood City on January 30, 1967. <br /> <br /> (b) Six Hundred Seventy Nine Thousand Fifty Four and no/100 ($679,054.00) <br />for the payment of principal and interest on Redwood City General Improvement District <br />No. 1-64 Reclamation Bonds, Series A, B, C, D, and E, for deposit in the Redwood City <br />General Improvement District No. 1-64 Reclamation Bond Principal and Interest Fund, <br />and for payment of costs incurred in assessment and administration of the district, and <br /> <br />F:Atty/Ord/Ord. 156 <br />070102 <br /> <br /> <br />