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AgdaPkt 2006-07-10
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AgdaPkt 2006-07-10
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7/11/2006 2:48:47 PM
Creation date
7/6/2006 1:10:43 PM
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CC Index
CC Index - Document Type
Agenda Packet
Date
7/10/2006
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<br />8A <br />Page 3 <br /> <br />ORDINANCE NO. <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 />Genera/Improvement District No. 1-64 hereinafter set forth are hereby levied and fixed, <br />for the fiscal year July 1, 2006 - June 30, 2007, in the amounts set forth herein as <br />follows, to wit: <br /> <br />(a) One Million Four Hundred Six Thousand Three Hundred Eleven and no/100 <br />dollars ($1,406,311.00) 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 /> <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 /> <br />administration of the district, and the special tax rate therefore is hereby levied and <br />fixed at $0.1085 on each One Hundred Dollars ($100.00) of the assessed value of all <br /> <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 /> <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 /> <br />the Council of the City of Redwood City on January 30, 1967. <br />(b) Zero dollars ($00.00) for the payment of principal and interest on Redwood <br /> <br />City General Improvement District No. 1-64 Reclamation Bonds, Series A, B, C, 0, and <br />E, for deposit in the Redwood City General Improvement District No. 1-64 Reclamation <br /> <br />Bond Principal and Interest Fund, and for payment of costs incurred in assessment and <br /> <br />Atty/Ord/Ord.263 <br />060506 <br /> <br />1 <br />
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