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(b) Six Hundred Seventy Seven Thousand Four Hundred Ninety Seven and <br />no/100 ($677,497.00) for the payment of principal and interest on Redwood City <br />General Improvement District No. 1-64 Reclamation Bonds, Series A,B,C,D and E, for <br />deposit in the Redwood City General Improvement District No. 1-64 Reclamation Bond <br />Principal and Interest Fund, and the special tax rate therefor is hereby levied and fixed at <br />$0.4727 on each One Hundred Dollars ($100.00) of the assessed value of all taxable land <br />within the limits of General Improvement District No. 1-64 as said District was <br />established by Resolution No. 4274 adopted by the Council of the City of Redwood City <br />on May 4, 1964, together with all territory thereafter annexed thereto, as said value has <br />been established in accordance with Ordinance No. 1290, adopted by the Council of the <br />City of Redwood City on January 30, 1967. <br /> <br /> SECTION 2. ~PEAL. All ordinances or parts of ordinances in conflict with <br />this ordinance are hereby repealed. <br /> <br /> SECTION 3. F~f_~i~T~. If any section, sentence, clause or phrase of this <br />ordinance is for any reason held by a Court of competent jurisdiction to be invalid, such <br />decision shall not affect the validity of portions of this ordinance, and the City Council <br />hereby declares that it would have adopted said ordinance and each section, sentence, <br />clause and phrase thereof, irrespective of the fact that any one or more section, sentence, <br />clause or phrase be declared invalid. <br /> <br /> <br />