HomeMy WebLinkAbout6516_CCv0001.pdf RESOLUTION NO. 6516
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS, CALIFORNIA
LEVYING A TAX RATE FOR FISCAL YEAR 2006-2007 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 2006-2007 a tax rate on each one hundred dollars ($100.00) of the
assessed value of such property to fund six hundred four thousand, nine hundred and thirty-seven
($604,937) dollars for the 2003 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 by the City Council of the City of Redlands
on July 18, 2006.
ayor of the City of Redlands
ATTEST:
f_s
Lorrie oyzer, City
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 18th day of July,
2006,by the following vote:
AYES: Councilmembers Gilbreath, Gil, Gallagher, Aguilar; Mayor Harrison
NOES: None
ABSENT: None
ABSTAIN: None
C§)�erk of the CigVedlands
Dated: July 18, 2006