Ord70 1467 - Laserfiche WebLink

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o R DIN A N C E N o. 1'-167 <", '(' I U iL iJ\!.. I;J:.:-.I; {!j AN ORDINANCE FIXING THE AMOUNT OF MONEY TO BE RAISED BY TAXATION UPON THE TAXABLE PROPERTY \'lITHIN THE CITY OF REm'JQOD C lIT AS REVENUE TO CARRY ON THE VARIOUS DEPARTMENTS OF SAID CITY FOR THE FISCAL YEAR 1970-1971, TO PAY THE BONDED INDEBTEDNESS OF SAID CITY FALLING DUE AND BECOMING PAYABLE DURING SAID FISCAL YEAR TO- GETHER \'lITH 'rHE INTEREST 'rHEREON, TO HAINTAIN THE PUBLIC LIBRARY OF SAID CITY DURING SAID FISCAL YEAR, TO PROVIDE FUNDS FOR TIill RETIRE~lliNT PLAN, TO PROVIDE FUNDS FOR PARKING DISTRICT NO.1, 'ro PROVIDE FUNDS FOH. GENERAL IMPROVEMENT DISTRICT NO. 1-64, AND FIXING AND LEVYING THE TAX RATE THEREFOR THE com~CIL OF REDWOOD CITY DOES ORDAIN AS FOLLOWS: SECTION 1. GENERAL TAX REVENUE REQUIRED. The total amount of money to be raised by taxation upon the taxable property within the city of Redwood City to provide revenue to meet the general municipal expenses and to carryon the various departments of said city for the fiscal year July 1, 1970-June 30, 1971; to pay the interest and principal upon all of the outstanding bonded indebtedness of said City, due and becoming payable during said fiscal year; to maintain the public library of said city during said fiscal year; and to provide funds for the city.s contribution to the retirement plan voted at the municipal election on April 9, 1940: is hereby fixed at the total sum of Two Million Nine Hundred Sixty Thousand Five Hundred Seventy-four and 00/100 Dollars ($2,960,574.00). SECTION 2. REVENUE DETAIL AND DIS'rRICTS. The follovling general and special tax rates for the areas hereinafter set forth are hereby levied and fixed for the fiscal year July 1, 1970-June 30, 1971, to raise the total revenues set forth in Section 1 hereof, and in addition thereto the amounts herein- after set forth for parking District No. 1 and General Improve- ment District No. 1-64, in the amounts set forth herein as follovlS, to wit: T'