HomeMy WebLinkAbout7054_CCv0001.pdf RESOLUTION NO. 7054
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS,
CALIFORNIA LEVYING A TAX RATE FOR FISCAL YEAR 2011-2012 TO SERVICE
THE ANNUAL PRINCIPAL,INTEREST AND OTHER CHARGES RELATING TO
THE MEASURE "O"2003 GENERAL OBLIGATION REFUNDING BONDS
WHEREAS, the qualified voters of the City of Redlands approved Measure "O" 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 2011-2012 a tax rate on each one hundred dollars ($100.00) of the
assessed value of such property to fund six hundred fifteen thousand, one hundred and ninety-
three($615,193) dollars for the 2003 General Obligation Refunding bonds (Measure"O").
SECTION 11: 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 5th day of July, 2011.
2t A L
Pete Aguilar,-Mayor
ATTEST:
City Clerk
IAcclerklResolutionsaes 7000-799917054 for GO taxes 20I I-2012.doc 1
CITY CLERK'S CERTIFICATE
1, Sam Irwin, City Clerk of the City of Redlands, hereby certify that the foregoing
resolution was duly adopted by the City Council at a regular meeting thereof held on the 5th day
of July, 2011,by the following vote:
AYES: Councilmembers Harrison, Bean, Foster, Gardner; Mayor Aguilar
NOES: None
ABSENT: None
ABSTAW: None
City Clerk of the City of R-Mlands
Dated: July 5,2011
L\ccicrkResolutions\Rcs 7000-7 17054 for GO mxcs 2011-2012.doe