HomeMy WebLinkAboutResolutions - No. 79-139RESOLUTION NO. 79-139
RESOLUTION FIXING TAX RATE FOR CITY
OF LODI FOR FISCAL YEAR 1979 - 80
That,in accordance with the State of California Constitution
Article XIII (A), Section I (b), the sum of Four Hundred Seventy-four
Thousand. Six Hundred Ten and No/100 (474, 610. 00) Dollars is hereby
fixed as the amount of revenue from property taxes necessary to
support the general obligation indebtedness for the City of Lodi for
the fiscal year of 197.9-80.
NOW, THEREFORE, BE IT RESOLVED by the Council of the
City of Lodi as follows:
That the tax rate set for the City of Lodi for each one hundred
dollars of Assessed Valuation is hereby set for Fiscal Year 1979-80 -
as follows:
General Obligation Bond Indebtedness
Interest and Redemption $0. 3006/ or a
rate sufficient to generate $474, 610. 00 based
on the most recent Assessrnent Roll.
These rates are to be levied in addition to the regular $4. 00 rate pursuant
to Section I (b) of Article XIIIA of the State Constitution.
Dated: September 5, 1979
I hereby certify that Resolution No. 79-139 was passed
and adopted by the City Council of the City of Eodi in
a regular meeting held September 5, 1979 by the following
vote:
Ayes: Councilmen - Hughes, Katnich, McCarty, Pinkerton
and Katzakian
Noes: Councilmen - None
Absent: Councilmen - None
ALICE M. RE�IMCHE
City Clerk
79-139