HomeMy WebLinkAboutResolutions - No. 3300RESOLUTION NO. 3300
RESOLUTION INCREASING THE TAX RATE FOR THE
LIBRARY SERVICES TO THIRTY CENTS PER $100
ASSESSED VALUATION AND ESTABLISHING A LIBRARY
CONSTRUCTION FUND
Whereas, the City Council of the City of Lodi has had presentations
made to it by the Lodi Library Board regarding the needs for a new library
building and related facilities, and
Whereas the library corniriittee of the Lodi District Chamber of
Commerce has also recommended and recognized the need for a new Library
building and facilities, and
Whereas the City Council of the City of Lodi has no present intention
of submitting a bond proposal to the citizens of Lodi for the construction of
new Library facilities but in lieu thereof having determined that an increase
in the tax rate of ten cents over a period of years will raise funds which will
be available for the construction of a new library,
Now, therefore, be it resolved by the City Council of the City of Lodi
that the tax rate for the library fund be increased from twenty cents to thirty
cents per $100 assessed valuation and that ten cents of said tax rate shall be
set aside and placed in a separate fund to be known as the "Library Construction
Fund': and that said monies be invested with the income resulting therefrom to
be added to and become a part of said fund, and
Be it further resolved that said monies in said Library Construction
Fund shall be used only for the purpose of constructing a new library and
related facilities at such time as the City Council of the City of Lodi determines
that said construction is feasible.
Dated: August 20, 1969
I hereby certify that Resolution No. 3300 was passed and
adopted by the City Council of the City of Lodi in regular meeting held
August 20, 1969, by the following vote:
Ayes: Councilmen - Brown, Culbertson, Hunnell,
Schaffer and Kirsten
Noes: Councilmen - None
Absent; Councilmen- None
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