HomeMy WebLinkAboutO-2454 - 2003 tax levy (Special)<:.~.
•OPTION: 0%INCREASE
CITY OF MARYSVILLE
Marysville,Washington
ORDINANCE NO .;l.'fS~
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An Ordinance of the City of Marysville levying taxes upon all property real,
personal and utility subject to taxation within the corporate limits of the City of
Marysville,Washington for the year 2003.
WHEREAS,the City Council has properly given notice of the public hearing held
on November 12, 2002 to consider the City of Marysville General Fund Budget for the
2003 calendar year,pursuant to RCW 84.55.120; and
WHEREAS,the City Council, after hearing, and after duly considering all relevant
evidence and testimony presented, has determined that the City of Marysville for the
year 2003 adopts the current levy rate plus the assessed value of new construction and
improvements to property and the increase in the value of state assessed property,
property, in order to discharge the expected expenses and obligations of the City of
Marysville and in its best interest;
WHEREAS,the City Council of the City of Marysville,after hearing and duly
considering all relevant evidence and testimony presented, that due to continued
growth, increased public safety demands, new and potential unfunded mandates,
capital infra-structure requirements, and unreserved unfunded existing liabilities, the
City Council of the City of Marysville finds that there is a substantial need to adopt the
regular property tax levy as required by law;
NOW,THEREFORE THE CITY COUNCIL OF THE CITY OF MARYSVILLE,
WASHINGTON DO ORDAIN AS FOLLOWS:
Section 1.For the year 2003, the amount to be levied for the regular property
levy is hereby authorized in the amount of $4,475,000.
Section 2.For the year 2003, the amount of taxes to be levied for Emergency
Medical Services for the City of Marysville is $798,000.
Section 3. For the year 2003, the amount of taxes to be levied for payment of
debt service on the City's Unlimited Tax General Obligation bonds, 1986, which were
refunded in 1996, is $235,653.
Section 4.The City Clerk is hereby directed to certify the amount necessary to
be raised by taxation as above specified to the Snohomish County Assessor.
PASSED by the City Council and APPROVED by the Mayor this /.2.f:d..day
of November, 2002.
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OPTION:0%INCREASE
CITY OF MARYSVILLE
ATIEST:
BY~L-/~ITYCLERK
Approved as to form:
BY~·W~
.CITY ATIORNEY
Mayor