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MSR:yc:8/22/77 0 R DIN AN C E N O. 1722 OR'GI NAL SEP 1 2 1977 --------- 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, 1977 - June 30, 1978, in the amounts set forth herein as follows, to wit: (a) Twenty-one Thousand and No/IOO Dollars ($21,000.00) as a special ad valorem assessment in accordance with Section 1302 of Ordinance No. 1128 (and, specifically, the provisions of subsection (a) thereof) for the payment of charges, claims, expenditures and expenses for the general administration of General Improvement District No. 1-64 and for maintaining, operating, repairing or otherwise improving projects of said District, and the tax rate therefor is hereby levied and fixed at $0.0982 on each One Hundred Dollars of assessed value of all taxable property within the limits of said 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 Redowod City on January 30, 1967. (b) Six Hundred Five Thousand One Hundred Thirty and No/IOO Dollars ($605,130.00) for the payment of principal and interest on Redwood City General Improvement District No. 1-64 Facilities Bonds, Series A, B, C and D, for deposit in the Redwood City General Improvement District No. 1-64, 1964 Facilities Bond Principal and Interest Fund, and the special tax rate therefor is 1 722