Laserfiche WebLink
<br />!! I .e Q 14 u ! 1. Q lq" ! 2. . 21f~07 <br /> <br />, <br /> <br />EXPHmiSSIliG rrkIE Ilir.rEl~TI()H QF TiE <br />GOUJHJIL Oil1 JUiiDWOOD OXTY II RIi'GARD <br />TO 0 cnnf'rI7 \'4 IPlSi J?s\L~~:.;L, tf AI <br /> <br /> <br />13'Y COU1~allt OP TIiEl arTY \1j!" Il.EDWOOD OITY <br /> <br />j\ S l!lO LLO~~ S .~ <br /> <br />1. ~rhbt it heratr1 goes 011 reoord as favol"bing a eo"unty- <br /> <br />\-J'idf:: uni:form sale s tax O.r ontf,l pEJJ? cent (l~). <br /> <br />2.. ThLit 'i;he said Cij"Luacil of' Redwood 01ty herebJ" de..... <br /> <br />clares that i.t; will adopt SUQh a. UIl1tor:m salaat~ut ordi.uE.l.nce <br /> <br />",'hen the Cotlutl of SHll l'lr:ateo has s.dopted th@ un1:fo":l sales <br /> <br />tax ordinance" or ell oities iou't;h 01' and. 1ncludi:ng Burlingame <br /> <br />have a..dorrted. sueh a unlfo:nll stiles talc ordina..nee rrnd the cities <br /> <br />ill N(n.~thern ae,n'iii., Gls.ra County have ad.opted it one per cent <br />{11') sale s t~ ax OJ?(il.!nanee.. <br /> <br />3. That it is the lntention of the Oouncil of Red.wood <br /> <br />Oit:{ th.at in the event eo un1tQJ;lu sales tax ordinanoe 1s adopted <br /> <br />in the Cit;y' 01.' BedwQod 01 tythe proceeds r&cei vad from said. <br /> <br />aa.l$s .tax shall be allocated in the following :manneIl: <br /> <br />(u) Fifty' pOl' cent (;)0;)') th.ereo.t:' to the <br />General j'und \I <br /> <br />(b) Thirty-five per cent (35}b) the':!leof f'or <br />Gapita.l Impr'ovements in ac@ordanC$ with <br />a priority lis t 'to be e t;.tablishe d in, the <br />futur'e .. <br /> <br />(c) Tan p~r oent (lO~) thereof for bond <br />redemprb1on. <br /> <br />(0) Five per cent (,~) thereof to inorease <br />the General H!$)10rvs>> <br /> <br />{e} Provided, however, that in the event at <br />any time no further runds are nee.saary <br />tar eithe:r- bond redemption or General <br />R$serv$ purj)o$Eas the :funds be l"elnabe'fe <br />allcH~e.ted to $l;toh pur~pOS€Hi shlLtll be 9.11Q... <br />cated .t'Qr t h$ purpOS05 set 1. (:.rth in sub~~ . <br />ell vis10ns (a) &lld/o;[' (b) hereot~ ~ <br />