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ORDINANCE N0. ��""�,� �
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AN 4Ft�INANCE QF THE CITY OF RENTQN, WASHINGTON , FI�TNG
TH� ES�"IMAT'ED AMOUNT OF TAX LEVIES NECESSARY TO RAISE
THE AMOUNT OF THE ESTIMATED EXPENDITURES FOR THE YEAR
1971, AS REQUIRED BY R. C.W. 84 . 52 . 020 ; AUTHORIZTNG
THE CITY CLERK TO CERTxFY SUCH BUDGET OR ESTIMATE OF
I THE AI�ft7UNT '�fl BE RAISED BY TAXATIQN ON THE ASSESSED
VALUATION OF THE PR4PERTY LOCATED WITHIN THE CITY
OF RENT(3N, WA�HINGTQN.
BE ZT �7RDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE
CITY OF RENTON, WASHINGTON, AS FOLLOWS :
SECTIt}N I: Pursuant to the requi�ements af R.C.W.
8�. 52 . 020 it is hereby certified -that the estimated amaunt necessary to .
be raised b}� taxatian is -�he sum of $ 2,722,79� for ealendar year 1971
and said amount of �ax ].evy is necessary to be levied upon the real and
personal property subject to �axation in the City of Renton, fos� �he
pt�rpase of raising -�he necessary revenues far said City for the calendar.
year 1371, to-wit:
{TOTAL ASSESSID VALUATION $ 33�-,$55,973}
Mills Amaunt
Current F`tuid 8.OOQ00 $ 2,654,848
Exeess Millage 0.22848 67,95�
1965 General Obligation Bonds
(NOTE: Excess Levy Based on assessed
valuation of $ 297,46$,g30.OQ�
TOTAL $.22$48 � 2,722,798 I
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SECTION 3I: That said taxes herein grovided far are levied
�or the- purp�ose of raising revenue sufficient -�o pay the principal and �
i:i`r��eres�t upon the general bonded indebtedness of the City of Renton, I
the �Geziera� Fund; and for carrying on of the different departments I
ci'� the i�ru�rricipa-1 : government of the City of Renton for the fisca3 year i
begin'ni�ig Jarcu�ry 1, 1971 and ending �ecember 31 , 1971; and the final �
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bu't�ge�t of the City af Ren�on to be adopted and completed as specified
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� i:°r% Ch'ap��ri 9S; Laras af 1969; Extrar�rdinary Session.
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SECTION IIT : That the �axes col.lected from the levies
hereby fixed and made , together with the estimated revenues from �
sources other than �axatian which constitu�e the appropr.iatians of
the Ci�y of Renton for the fiscal year 1971, shall be so appropriated ,
and as finally itemized and classified in the Annual Budget for the
fiscal year 1971 to be adopted by the City of Renton as specified in
Chapter 95 , Laws of 1969 , Extraordinary Session.
SECTION �V: A certified .copy of this 4rdinance shall be
transmi�ted to the appropriate Governmental Agency of King County and
such other Governmental bodies as pravided by law.
SECTIOiv V: This Ordinance shall be in full foree and
effect , fram and after its passage, aggroval and legal publieat�on .
PASSED BY THE CITY COUNGIL this j7��t day af (,���i��, 197D .
�I..l.,Y ��"1�,/�l"���
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Helmie Nelsan , City Clerk
APPROVED BY THE MAYQR this ,3`�"'lf day of �,Gi���� 1970.
Avery Gar ett, Mayor
Approved as to Farm:
�l�"C �������ti/
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Gerard M. Shellan, City Attorney
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