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HomeMy WebLinkAboutORD 5042CITY OF RENTON, WASHINGTON ORDINANCE NO. 5042 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, ESTABLISHING THE PROPERTY TAX LEVY FOR THE YEAR 2004 FOR BOTH GENERAL PURPOSES AND FOR VOTER APPROVED BOND ISSUES. WHEREAS, the City ofRenton wants to maximize the impact of all new construction and growth in the City; and WHEREAS, the City of Renton does not want to increase the tax burden of the City's property owners; and WHEREAS, the City ofRenton wants to continue to provide the same level of services to its citizens in 2004 as has been provided in 2003; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION I. The regular tax levy for the City ofRenton shall be $21,000,000. SECTION II. The City ofRenton also authorizes King County to assess taxes in the amount of $525,000 for the Voted Bond Issue for Senior Housing. SECTION HI. This ordinance shall be effective upon its passage, approval, and five days after publication. PASSED BY THE CITY COUNCIL this 1st day of December 2003. Bonnie I. Walton, City Clerk ORDINANCE NO. 5042 APPROVED BY THE MAYOR this ist-. day of December , 2003. Approved as to form: r\ yps^A^Jl. ^f^m^utM^^y Jesse Tanner, Mayor Lawrence J. Warren, City Attorney Date of Publication: 12/5/2003 (summary) ORD.1057:ll/3/03:ma