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HomeMy WebLinkAboutTC Res 1970-08-24 RESOLUTION NO. 311 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TIBURON FIXING THE RATE OF TAXES ON SECURED AND UNSECURED PROPERTY FOR THE FISCAL YEAR 1970-1971. WHEREAS, the City Council of the City of Tiburon did on August 24, 1970, adopt a municipal budget providing for revenues to be raised for the current fiscal year, in part from a tax upon secured and unsecured property; and WHEREAS, it appears that a tax of .800 cents per each one- hundred ($100.00) dollars of assessed valuation of said property as it appears on the current assessment roll will provide the required revenues to be allocated as follows: For the General Fund: .500 cents per each one-hundred dollars of assessed valuation For the Capital Outlay FundI .060 cents per each one-hundred dollars of assessed valuation Por the Land Acquisition Fund: .240 cents per each one-hundred dollars of assessed valu- ation NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: THAT the tax rate for the fiscal year 1970-1971 upon secured and unsecured property within the City of Tiburon should be and is hereby fixed at .800 cents upon each one-hundred ($100.00) dollars of assessed valuation. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tiburon held on August 24, 1970, by the following vote: AYES: COUNCILMEN: Becker, Ellinwood, Fanning, Sennett, Riee NOES: COUNCILMEN: None ABSENT: COUNCILMEN: None Hayor Tiburon ATTEST: .~ ~ / LL RE}'~OSE,' C ty Clerk Draft Date: 8/24/70