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HomeMy WebLinkAboutORD 2881 ..'r•.. . '-r' • - e. ' a � .4 s� e CITY OF RENTON , WASHINGTON ORDINANCE NO> 2881 , AN ORDINANCE OF THE CITY OF RENTON , WASHINGTON , FIXING THE ESTIMATED AMOUNT OF TAX LEVIES NECESSARY TO RAISE THE AMOUNT OF THE ESTIMATED EXPENDITURES FOR THE YEAR 1975 AS REQUIRED BY RCW 84. 52 . 020; AUTHORIZING THE CITY CLERK TO CERTIFY SUCH BUDGET OR ESTIMATE OF THE ANOUNT TO BE RAISED BY TAXATION ON THE ASSESSED VALUATION OF THE PROPERTY LOCATED WTTHIN THE CITY 0 RENTON F , WASHINGTON THE CITY COUNCIL OF THE CITY OF RENTON , WASHING2'ON, DO ORDAIN AS FOLLOWS : ' SE TI I • C ON . Pursuant to the requirements of RCW 84. 52 . 020 , the City of Renton shall annually certify to King County on or before Wednesday next following the first Monday in October of each year, the amount of levies to be made in support of the City for the ensuing year in total and by individual fund. Pursuant thereto it is hereby certified that the estimated amount necessary to be raised by taxation is the sum of $2 , 248, 153 for the calendar year 1975 , 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 �he purpose of raising �he necessary revenues for said City for �the calendar year 1975 , to-wit: (TOTAL ASSESSED VALUATION $624 , 487 , 027) General levy - all funds $3 . 60 per $1 ,000. 00 of True Value Special levy - excess millage -- none Above certified tax levy may be subject to change or amendment if assessed valuation as certified by King County Assessor on 9-23-74 proves to be in error, and in such event, an amendecl certified Ordinance will be adopted and refiled with the County Council . SECTION II : 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 General �� � . , �. , '� . Fund, and for carrying on of the different departments of the municipal government of the City of Renton , for the fiscal year beginning ,7anuary 1 , 1975 and ending December 31 , 1975 ; the final budget of the City of Renton is to be adopted and completed as specified by law. SECTION III : That the taxzs 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 1975 , shall be so appropriated and as finally itemized and classified in the Annual Budget for the fiscal year 1975 to be atdopted by the City of Renton as specified in Chapter 95 , Laws of 1969 , Extraordinary Session. SECTION IV: A certified copy of this Ordinance shall be transmitted to the Clerk of the King County Council and the King County Assessor' s office , and such other governmental bodies as provided by law. SECTION V: This Ordinance shall be effective upon its passage , approval and five days af�er its publication , unless otherwise provided for hereinabove . PASSED BY THE CITY �OUNCIL this 7th day of October, 1974 . �• ///� Delores A. Mead, � City �lerk AP�ROVED BY THE MAYQR this 7th day of October, 1974. i(�D/IZ/l X/�, /t it 0� j very Ga�ett, ISayorv Approved as to form: ' �� ��� � Gerard M� Shellan, City Attorney Date of Publication : 10-=1'1-74