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8/13/01 <br /> <br /> ORIGINAL <br /> O R D I N A N C E N O 2217 <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 THEREFOR <br /> <br /> THE COUNCIL OF REDWOOD CITY DOES ORDAIN AS FOLLOWS: <br /> <br /> SECTION 1. GENERAL. The following general and special tax rates for General <br />Improvement District No. 1-64 hereinafter set forth are hereby levied and fixed, for the fiscal <br />year July 1,2001 - June 30, 2002, in the amounts set forth herein as follows, to wit: <br /> <br /> (a) One Million Three Hundred Ninety Five Thousand Six Hundred Forty One and <br />no/100 dollars ($1,395,641.00) for the payment of principal and interest on Redwood City <br />General Improvement District No. 1-64 Facilities Bonds, Series A, B, C, D, and E for deposit in <br />the Redwood City General Improvement District No. 1-64, Facilities Bond Principal and Interest <br />Fund, and for payment of costs incurred in assessment and administration of the district, and the <br />special tax rate therefore is hereby levied and fixed at $0.1230 on each One Hundred Dollars <br />($100.00) of the assessed value of all taxable real property within the limits of General <br />Improvement District No. 1-64 as said District was established by Resolution No. 4274, adopted <br />by the Council of the City of Redwood City on May 4, 1964, together with all territory thereafter <br />annexed 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 Eighty Eight Thousand Four Hundred Ninety Eight and no/100 <br />($688,498.00) for the payment of principal and interest on Redwood City General Improvement <br />District No. 1-64 Reclamation Bonds, Series A, B, C, D, and E, for deposit in the Redwood City <br />General Improvement District No. 1-64 Reclamation Bond Principal and Interest Fund, and for <br />payment of costs incurred in assessment and administration of the district, and the special tax rate <br /> <br />Ord-140 <br />F:/SharedIRedwood/Coun¢il <br />DES:rg <br />07/17/01 <br /> <br /> <br />