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07/28/2003 <br /> <br /> ORIGINAL <br /> <br /> ORDINANCE NO. 2255 <br /> <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 FOR <br /> GENERAL IMPROVEMENT DISTRICT NO. 1-64, AND FIXING AND <br /> LEVYING THE TAX RATE THEREFORE <br /> <br /> THE COUNCIL OF REDWOOD CITY DOES ORDAIN AS FOLLOWS: <br /> <br /> Section 1. GENERAL. The following general and special tax rates for <br /> <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 /> <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 /> <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 /> <br />F:Atty/Ord/Ord. 189 2255 <br />061703 1 <br /> <br /> <br />