HomeMy WebLinkAboutORD 2747 ` e � ' � .• �� , �f ! ' • �
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•_� CITY OF RENTON, WASHINGTON
ORDINANCE N0 . 2747
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON , FIXING
THE ESTIMATED AMOUNT OF TAX LEVIES NECESSARY TO RAISE
THE ,c�MOUNT OF THE ESTIMATED EXPENDITURES FOR THE YEAR
1�73,. AS REQUIRED BY RCW 84 . 52 . 020 ; AUTHORIZING THE
CITY CLERK TO CERTIPY SUCH BUDGET OR ESTIMATE OF
THE AMOUNT TO BE RAISED BY TAXATION ON THE ASSESSED
VALUATION OF THE PROPERTY LOCATED WITHIN THE CITY OF
RENTON, WASHINGTON
THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO ORDAIN
AS FOLLOWS : "
SECTION T: Pursuant to the re�uirements of RCW 84 . 52 . 020 , it is
hereby certified that the estimated amount necessary to be raised by
taxation is the sum of $2,255,987.00 for calendar year 1973 and said
amount of tax levy is necessary to be levied upon the real and personal
property subject to taxation in the City of Renton, for the purpose of
�-�� raising the necessary revenues for said City for the calendar year 1973 ,
to-�zit:
. (TQTAL ASSESSED VALUATION $ 272 ,723,330 .00 �
Mills Amount
Current Fund 8.OQ0000 $2,181,787 .
Excess Millage .27941 74,200.
1965 General Obligation Bonds 8.27941 $2,255,987
(Excess Levy based on assessed
valuation of $265,563,554)
SECTION ZI : That said taxes herein provided for are levied
for the purpose of raising revenue sufficient to pay the principal and ;
interest upon the general bonded indebtedness of the City of Renton,
the Gene�zl Fund, and for carrying on of the different departments of
the municipal government of the City of Renton, for the fiscal year
beginning January l, 1973 and ending December 31, 1973 ; and the final
budget of the City of Renton to be adopted and completed as specified
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in Chapter 95 , Laws of 1969 , Ex�traordinary Sessi.on.
SECTION TII: That the taxes collected from the levies hereby
fixed and made, together with the estimated revenues from sources
other than taxation whi.ch constitute the appropriations of the City
of Renton for the fiscal year 1973 , shall be so appropriated and as
finally itemized and classified in the Annual Budget for the fiscal
year 1973 to be adopted by the City of Renton as specified in Chapter
95, Laws of 1969 , Extraordinary Session.
SECTION IV: A certi.fied copy of thi.s Ordinance shall be transmitted
to the appropriate Govexnmental Agency of King County and such other
Governmental bodies as provided by law.
SECT�ON V: This Ordinance shall be effecti.ve upon its passage,
approval and five days after its publication, unless otherwise provided
for herei,nabove .
PASSED BY THE CITY COUNCIL this o7,/ �s� day of October , 1972 .
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" City� Clerk
APPROVED BY THE MAYOR this �/ `� day of October �� � 19�2 • ''
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Approved as to form:
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Gerard M. -Shellan, City Attorney
Date of Publication; �CTOb� f� �S� / � 7�,
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