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Ord97 2131
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Ord97 2131
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Last modified
10/11/2019 3:07:04 PM
Creation date
10/11/2019 3:07:04 PM
Metadata
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CC Index
CC Index - Document Type
Resolution
Agency Type
City Council
Date
8/25/1997
Description
O R D I N A N C E N O 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 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, 1997 - June 30, 1998, in the amounts set forth herein as follows, to wit
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(b) Six Hundred Sixty Two Thousand Nine Hundred Fourteen and no/100 ($662,914.00) <br />for the payment of principal and interest on Redwood City General Improvement District No. 1-. <br />64 Reclamation Bonds, Series A, B, C, D, and E, for deposit in the Redwood City General <br />Improvement District No. 1-64 Reclamation Bond Principal and Interest Fund, and the special <br />tax rate therefor is hereby levied and fixed at $0.3211 on each One Hundred Dollars ($100.00) of <br />the assessed value of all taxable land within the limits of General Improvement District No. 1-64 <br />as said 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 said <br />value has been established in accordance with Ordinance No. 1290, adopted by the Council of <br />the City of Redwood City on January 30, 1967. <br /> <br /> SECTION 2. REPEAL. All ordinances or parts of ordinances in conflict with this <br />ordinance are hereby repealed. <br /> <br /> SECTION 3. SEVERABILITY. 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 decision <br />shall not affect the validity of portions of this ordinance, and the City Council hereby declares <br />that it would have adopted said ordinance and each section, sentence, clause and phrase thereof, <br />irrespective of the fact that any one or more section, sentence, clause or phrase be declared <br />invalid. <br /> <br /> SECTION 4. TRANSMITTAL TO COUNTY. The City Clerk is hereby directed to <br />transmit certified copies of this ordinance to the Auditor of the County of San Mateo in <br />accordance with Section 51551 of the Govemment Code and to such other County officials as <br />may find it convenient or necessary to utilize this ordinance. <br /> <br /> SECTION 5. EFFECTIVE IMMEDIATELY. This ordinance shall take effect and be in <br />force upon its adoption. <br /> <br /> <br />
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