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HomeMy WebLinkAboutORD 2507 ( � �- _. . r ,� � - � ' • �+�i P,E�i� � . . _ ORDINANCE N4. �.,�C9'7 � AN ORDINC'�NCE OF THE CITY QF R�NTON, `�aASHINGTON, FIXING THE ESTIMATED AM�UNT QF TAX L�VIES �� �CESSARY TO RAISE I THE I�MOUNT OF TH� ESTIi�ATED EXPENDI1'JRES .FQR THE YT'I�R i 1970 , AS REQUIRED BY R. C.W. 84. 52 . 020 ; AUTHORIZTNG THE CITY CLERK Ti3 CERTIFY SUCH BUDGET OR ESTIMATE 0�' THE AMCIUNT TQ BE RAISED BY TAXATION ON THE ASSESSED VALUATI4N OF THE PROPEP.TY LOCAT�D I�T�THIN THE CITY OF RENTON, WASHINGTON. BE IT ORDAINED BY THE MAYOR AND. THE CITY COUNCIL 0�' THE CITY OF RENTON, WASHINGTON, AS FOLLOWS: SE�CTION I : Pursuant �o -the ��quirements o� RtiC.W. 84. 52, 020 it is hereby certified tha-t the estima�ed amaunt necessary �a be raised by fiaxat�on is the sum of $ 3,041,469 �or the year 1970 and said amaunt of tax l�vy is necessary to be levied upon the reaZ and persanal subject �o taxat:�on in the City of Rentan, far -�he purpase of raising �he necessary year reven�.aes fc�r said City for the calendarJl9'7Q , to-�rit: ' (TOTAL ASSESSED VALUATION $ 190,091,8�f3) ' MILLS Amaunt ' Current Fund �,b. � 3,04I,4bg � Excess Mi7"lage Mi1ls Amount 1965 Genera� Ob].igation Bonds (NOTE: Exce�s L�vy based on assessed valua�ion of $ 190,o91,s43 } 0,�6693 � �9,7`�� ' TOTAL � � SECTION II : Th�,_t said taxes herein provided for are �ev.ied far the purpase of raising revenue .sufficient to pay the principal arid �.n�terest upan th� general banded indeb�edness of the Ci-�y af Rentan, the General Fund, and for carrying on o� the differen-t depar�ments of. �he. municipal government of the City of Ren�on �or the fiscal year beginning January 1, 19�0 and eriding December 31, 1970 ; and tha final budget of the C�ty o� Ren-ton ta be adopted and campleted as specified i.n Chapter 95 , Laws of 1969 ,Extraordinary �essian. -1.- I , " • � + i .. --- , � �i�it•���. J� SEC'�ION III: That the taxes collected from the levies hereby fixed and made ,_ together with the estimated revenues from sources other than taxation which constitute the appropriations of the City of Renton for the fiscal year 1970 , shall be so appropriated and as finally itemized and classified in the Annual Budget for the fiscal year 19'70 to be adopted , by the City of Renton as specified in Chapter 95 , Laws of 1969 , Extraordinary Session. S�"CTION IV: A certified copy of this Ordinance shall be transmitted to the appropriate Governmental Agency of King County and , such otY�er Governmental bodies as provided by law. SECTION V: This Ordinance shall be in full force and ef.fect,from and after its passage, approval and legal publication. / � PASSED BY THE CITY COUNCIL this c0 day of October, 1969 . ��..��uc-� i 11��.��J Helmi�N"elso�, City Clerk APPROVED BY THE MAYOR thi:s � �day October, 1969 . Gi'/� _ ` Donald W. Custer, Mayor APPROVE ��3 T f�/�f��M' �'ir� %v�j %t �eraY�d �1. 5hellan, City Attorney ( DATE OF PUBLICPTION t1CT 1 � 196g -2-