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REG:yc�8/27/62-10 <br /> ��r�iN�.�j <br /> �3 :�.��g�� �� <br /> ,M1 ;•�lt <br /> O R D I N A N C E N O. <br /> AN ORDINANCE FIXING THE AMOUNT OF MONEY TO BE RAISED <br /> BY TAXA.TION UPON THE TAXABLE PROPERTY WITHIN THE .CITY <br /> OF REDWOOD CITY Aa REVENUE T0 CARRY. ON THE .VARIOUS <br /> DEPARTMENTS OF S�AID CITY FOR THE FISCAL. YEAR 1962-63 <br /> TO PAY THE BONDED INDEBTEDNESS. OF SAID CITY FALLING <br /> DUE AND BECOMING PAYABLE DURING SAID.FISCAL YEAR <br /> TOGETI�R WITH.THE INTEREST THEREON, TO .MAINTAIN THE <br /> PUBLIC LIBRARY OF SAID CSTY. DURING SAID FISCAL YEAR, <br /> TO PROVIDE FUNDS FOR.THE _RETIREMENT PI.AN, .AND FIXING <br /> AND LEVYING THE TAX RATE THEREFOR <br /> THE COUNCIL OF REDWOOD CITY DOES ORDAIN AS FOLLOWS: <br /> SECTION l. The total amount of money to be raised by taxa- <br /> tion upon the taxable property within the City of Redwood City <br /> to provide revenue to meet the general municipal expenses and to <br /> carry on the various departments of said City for the fiscal year <br /> July 1, 1962 - June 3Ci, 1963; to pay the interest and principal <br /> upon all of the outstanding bonded .indebtedness of said City, due <br /> and becoming payable during said fiscal year; to maintain the <br /> public li.brary of said City during said fiscal year; and to pro- <br /> vide funds for the City's contribution to the retirement plan <br /> voted at the municipal election on April 9t 1940; is hereby f�ed <br /> at the total sum of One Million, Six Hundred Forty Thousand, <br /> Seven Hundred Seventy Dollars ($1,640,770.00) . <br /> • SECTION 2. The following general and special tax rates for <br /> the areas hereinafter set forth are hereby levied and fixed for <br /> the f iscal year July l, 1962 - June 30, 1963, to raise the total <br /> revenues set forth in Section 1 hereof in the amounts set forth <br /> herein as follows,� to wit: <br /> (a) One Million. Two Hundred Sixty-one Thousand, One <br /> Hundred Sixty Two Dollars ($1,261,162.00) to meet the general <br /> municipal expenses during said fiscal year and far deposit in <br /> the General Fund of said C ityr and the general municipal tax <br />