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AgdaPkt 2003-07-28
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AgdaPkt 2003-07-28
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Last modified
6/2/2011 2:34:19 PM
Creation date
7/24/2003 1:52:17 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Agency Type
City Council
Date
7/28/2003
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(0.4P <br />ORDINANCE NO. <br />AN ORDINANCE FIXING THE AMOUNT OF MONEY TO BE RAISED <br />BY TAXATION UPON THE TAXABLE PROPERTY WITHIN GENERAL <br />IMPROVEMENT DISTRICT NO. 1-64 TO PROVIDE -FUNDS F7R <br />GENERAL IMPROVEMENT DISTRICT NO. 1-64, AND FIXING AND <br />LEVYING THE TAX RATE THEREFORE <br />THE COUNCIL OF REDWOOD CITY DOES ORDAIN AS FOLLOWS: <br />Section 1. GENERAL. The following general and special tax rates for <br />General Improvement District No. 1 -64 hereinafter set forth are hereby levied and fixed, <br />for the fiscal year July 1, 2003 - June 30, 2004, in the amounts set forth herein as <br />follows, to with: <br />(a) One Million Three Hundred Sixty-Two Thousand Five Hundred <br />Fourteen and no /100 dollars ($1,362,514.00) for the payment of principal and interest <br />on Redwood City General Improvement District No. 1 -64 Facilities Bonds, Series A, B, <br />C, D, and E for deposit in the Redwood City General Improvement District No. 1 -64, <br />Facilities Bond Principal and Interest Fund, and the special tax rate therefore is hereby <br />levied and fixed at $0.1278 on each One Hundred Dollars ($100.00) of the assessed <br />value of all taxable real property within the limits of General Improvement District No. 1- <br />64 as said District was established by Resolution No. 4274 , adopted by the Council of <br />the City of Redwood City on May 4, 1964, together with all territory thereafter annexed <br />thereto, as said value has been established in accordance with Ordinance No. 1290, <br />adopted by the Council of the City of Redwood City on January 30, 1967. <br />(b) Six Hundred Fifty -Seven Thousand Eight Hundred Seventy-Six <br />and no /100 dollars ($657,876.00) for the payment of principal and interest on Redwood <br />City General Improvement District No. 1 -64 Reclamation Bonds, Series A, B, C, D, and <br />E, for deposit in the Redwood City General Improvement District No. 1 -64 Reclamation <br />Bond Principal and Interest Fund, and the special tax rate therefore is hereby levied and <br />fixed at $0.1272 on each One Hundred Dollars ($100.00) of the assessed value of all <br />taxable land within the limits of General Improvement District No. 1 -64 as said District <br />F:Atty /Ord /Ord.189 <br />061703 <br />
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