HomeMy WebLinkAbout5668_CCv0001.pdf RESOLUTION NO. 5668
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS, CALIFORNIA
LEVYING A TAX RATE FOR FISCAL YEAR 1999-00 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 1: There shall be levied on all taxable property in the City of Redlands,
California, for fiscal year 1999-00 a tax rate on each one hundred dollars ($100.00) of the
assessed value of such property to fund six hundred twenty two thousand, eight hundred sixty two
dollars ($622,862) 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 20"' day of July 1999.
May of the Ci of Redl s
ATTEST:
City C rk
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 20'h day of July 1999 by the following
Grote:
AYES. Councilmembers Banda, Gilbreath, George, Freedmar; Mayor Cunningham
NOES None
ABSENT. None
City Cl k