HomeMy WebLinkAbout6408_CCv0001.pdf RESOLUTION NO. 6408
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS, CALIFORNIA
LEVYING A TAX RATE FOR FISCAL YEAR 2005-2006 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 banded indebtedness for the acquisition of park, recreation
and open space land.
NOVO' 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 2005-2006 a tax rate on each one hundred dollars ($100.00) of the
assessed value of such property to fund five hundred ninety-eight thousand, six hundred and
thirty-seven ($538,637) dollars for the 2003 General Obligation Refunding bonds (Measure
440„
SECTION II: This resolution shall take effect and be in force immediately upon its
passage and approval.
SECTION III: The City Cleric 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.
APPROVED and ADOPTED by the City Council of the City of Redlands on July 19,
2005.
4Ma or of the City df edlands
ATTEST:
Ci Clerk
CITY CLERK'S CERTIFICATE
1, Lorrie Poyzer, 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 19th day of July,
2005, by the following vote:
AYES: Councilmembers Gil, Gilbreath, George, Harrison; Mayor Peppier
NOES: None
ABSENT: None
ABSTAIN: None
CiClerk of e�' of Redlands
Dated: July 19, 2005