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HomeMy WebLinkAbout6722_CCv0001.pdf RESOLUTION NO. 6722 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS, CALIFORNIA LEVYING A TAX RATE FOR FISCAL YEAR 2008-2009 TO SERVICE THE ANNUAL PRINCIPAL, INTEREST AND OTHER CHARGES RELATING TO THE MEASURE "0" 2003 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 1: There shall be levied on all taxable property in the City of Redlands, California, for fiscal year 2008-2009 a tax rate on each one hundred dollars (5I00.00) of the assessed value of such property to fund six hundred seven thousand, two hundred and fourteen (5607,214) dollars for the 2003 General Obligation Refunding bonds (Measure"0"). 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 17th day of June, 2008. J Harrison', Mayor ATTEST: Cit Clerk 1, Lome 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 17th day of June, 2008, by the following vote: AYES: Councilmembers Gilbreath, Gallagher, Aguilar, Bean.- Mayor Harrison NOES: None ABSENT. None ABSTAIN: Nonery City Clerk