HomeMy WebLinkAbout5534RESOLUTION NO. 5534
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS, CALIFORNIA
LEVYING A TAX RATE FOR FISCAL YEAR 1998-99 TO SERVICE THE ANNUAL
PRINCIPAL, INTEREST AND OTHER CHARGES RELATING TO THE MEASURE '0'
1994 GENERAL OBLIGATION REFUNDING BONDS
WHEREAS, the qualified voters of the City of Redlands approved Measure '0' on
November 3 1987 which incurred bonded indebtedness for the acquisition of park, recreation
and open space land.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF REDLANDS does
resolve as follows:
SECTION I: There shall be levied on all taxable property in the City of Redlands,
California, for fiscal year 1998-99 a tax rate on each one hundred dollars ($100.00) of the
assessed value of such property to fund six hundred nineteen thousand, one hundred two dollars
($619 102) for the 1994 General Obligation Refunding bonds (Measure '0").
SECTION II. This resolution shall take effect and be in force immediately upon its
passage and approval.
SECTION III: The City Clerk shall certify to the passage of this resolution and shall
cause the same to be published once in the Redlands Daily Facts, a newspaper of general
circulation printed and published in this City
ADOPTED, SIGNED AND APPROVED this 7`h day of July 1998.
Mayor •f the Ci _•f Rylands
ATTEST
I Lorrie Poyzer, City Clerk of the City of Redlands, hereby certify that the foregoing resolution
was duly adopted at a regular meeting thereof held on the 7th day of July 1998 by the following
vote:
AYES Councilmembers Banda, Gilbreath George Freedman Mayor Cunningham
NOES None
ABSENT None
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