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Ord88 1973
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Ord88 1973
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Last modified
10/11/2019 3:13:42 PM
Creation date
10/11/2019 3:13:41 PM
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Template:
CC Index
CC Index - Document Type
Ordinance
Date
8/8/1988
Description
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 THERFOR 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, 1988-June 30, 1989, in the amounts set forth herein follows, to wit
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<br /> (b) Six Hundred Sixty thousand no/100 Dollars ($660,000.00) for the <br />payment of principal and interest on Redwood City General Improvement <br />District No. 1-64 Reclamation Bonds, Series A, B, C, D and E, for deposit in <br />the Redwood City General Improvement District No. 1-64 Reclamation Bond <br />Principal and Interest Fund, and the special tax rate therefor is hereby <br />levied and fixed at $0.7563 on each One Hundred Dollars of the assessed <br />value of all taxable land within the limits of General Improvement District <br />No. 1-64 as said District was established by Resolution No. 4274 adopted by <br />the Council of the City of Redwood City on May 4, 1964, together with all <br />territory thereafter annexed thereto, as said value has been established in <br />accordance with Ordinance No. 1290, adopted by the Council of the City of <br />Redwood city on January 30, 1967. <br /> SECTION 2. Repeal. All ordinances or parts of ordinances in conflict <br />with this ordinance are hereby repealed. <br /> SECTION 3. Severability. If any section, sentence, clause or phrase <br />of this ordinance is for any reason held by a Court of competent <br />jurisdiction to be invalid, such decision shall not affect the validity of <br />portions of this ordinance, and the City Council hereby declares that it <br />would have adopted said ordinance and each section, sentence, clause and <br />phrase thereof, irrespective of the fact that anyone or more section, <br />sentence, clause or phrase be declared invalid. <br /> -2- <br /> .... ..--......"..... <br />
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