HomeMy WebLinkAbout5297_CCv0001.pdf RESOLUTION NO. 5297
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS, CALIFORNIA
LEVYING A TAX RATE FOR FISCAL YEAR 1996-97 TO SERVICE THE ANNUAL
PRINCIPAL, INTEREST AND OTHER CHARGES RELATING TO THE MEASURE "O"
1994 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 1996-97 a tax rate on each one hundred dollars ($100.00) of the
assessed value of such property to fund six hundred twenty-one thousand, seven hundred fifty-
two dollars ($621,752.00) for the 1994 General Obligation Refunding Bonds (Measure O).
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 18th day of June, 1996.
Mayor of the City of Redlands
ATTEST:
Cit Clerk
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 18th day of June, 1996 by the
following vote:
AYES: Councilmembers Gilbreath, Cunningham, Gil, Banda; Mavor Larson
NOES: None
ABSENT: None
Cit lerk