AgdaPkt 2006-07-24 - Laserfiche WebLink

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5.5A Page 1 ORDINANCE NO. 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, 2006 - June 30, 2007, in the amounts set forth herein as follows, to wit: (a) One Million Four Hundred Six Thousand Three Hundred Eleven and no/100 dollars ($1,406,311.00) for the payment of principal and interest on Redwood City General Improvement District No. 1-64 Facilities Bonds, Series A, B, C, D, and E for deposit in the Redwood City General Improvement District No. 1-64, Facilities Bond Principal and Interest Fund, and for payment of costs incurred in assessment and administration of the district, and the special tax rate therefore is hereby levied and fixed at $0.1085 on each One Hundred Dollars ($100.00) of the assessed value of all taxable real property within the limits of General Improvement District No. 1-64 as said District was established by Resolution No. 4274 , adopted by the Council of the City of Redwood City on May 4, 1964, together with all territory thereafter annexed thereto, as said value has been established in accordance with Ordinance No. 1290, adopted by the Council of the City of Redwood City on January 30,1967. (b) Zero dollars ($00.00) for the payment of principal and interest on Redwood City General Improvement District No. 1-64 Reclamation Bonds, Series A, B, C, D, and E. for deposit in the Redwood City Gener811mprovement District No. 1-64 Reclamation Bond Principal and Interest Fund, and for payment of costs incurred in assessment and Atty/OrdlOrd.263 1 060506 -..- -,.