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HomeMy WebLinkAboutO-0828 - Tax levy (Special)CIT Y 0 F MAR Y S V ILL E Marysvllle,Washlngton ORDINANCE NO An Ord1nance levy1ng taxes upon all property, real,personal and ut1l1ty,subject to taxat10n w1th1n the corporate llm1ts of the C1ty of Marysv1lle,Wash1ngton for the year 1975,for the Current Expense Fund,the C1ty Street Fund,the Cumu1at1ve Reserve Street Construct1on and EqU1p- ment Fund,the Cumulat1ve Reserve F1re Equ1pment Fund,the Sno-Is1e Reg10nal L1brary,Marysv1l1e Branch,Fund,and the Cumulat1ve Reserve BU1ld1ng and/or Malntenance Fund THE CITY COUNCIL OF THE CITY OF MARYSVILLE,WASHINGTON DO ORDAIN AS FOLLOWS Sect10n 1 That for the year 1975 there 1S hereby 1ev1ed upon all property,real,personal and ut1l1ty,subject to taxat10n w1th1n the corporate llm1ts of the Clty of Marysv1lle,Wash1ngton, an over-all levy produc1ng a total dollar amount of $180,000 00 on an assessed va1uat1on of $50,000,000 00,wh1ch assessment 1S an est1mate because the State of Wash1ngton has not cert1f1ed the assessed value of the ut111t1es,and 1n any event,the total dollar amount w1l1 not exceed $3.3~per $1,000 00 of assessed va1uat1on Sect10n 2 That the levy hereby author1zed shall be allo- cated among the follow1ng SlX (6)funds on a basls to be determlned at the t1me the budget 1S adopted The Current Expense Fund, The C1ty Street Fund, The Cumulat1ve Reserve Street Construct1on and Equ1pment Fund, The Cumulat1ve Reserve F1re Equ1pment Fund, The Sno-Is1e Reg10nal L1brary,Marysv11le Branch, Fund, The Cumulat1ve Reserve BU1ld1ng and/or Ma1ntenance Fund Sect10n 3 That the cash balance at the beglnn1ng of the budget year was $35,000 00 and that the est1mated cash balance at the end of the year wlll be $35,000 00 Sect10n 4 That th1S ord1nance shall take effect and be 1n force from and after 1tS passage,approval and flve (5)days follow- 1ng 1ts publ1cat1on as requ1red by law -1- PASSED by the Clty Councl1 of the Clty of Marysv111e t h i s 30 day of ,~,1974 CITY OF MARYSVILLE ATTEST APPROVED AS TO FORM -2-