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Ordinance No. 0779
CITYOFMEDINAORDINANCENO779INCREASINGTHEAMOUNTTOBERAISEDBYTAXATIONFORTHEYEAR2005WHEREAStheCityCounciloftheCityofMedinahasmetandconsidereditsbudgetforcalendaryear2005andWHEREAStheCityCounciloftheCityofMedinaafterhearingandafterdulyconsideringallrelevantevidenceandtestimonypresenteddeterminedthattheCityofMedinarequiresaregularlevyintheamountof2101417whichincludesanincreaseinpropertytaxrevenuefromthepreviousyearandamountsresultingfromtheadditionofnewconstructionandimprovementstopropertyandanyincreaseinthevalueofstateassessedpropertyandamountsauthorizedbylawasaresultofanyannexationsthathaveoccurredandrefundsmadeinordertodischargetheexpectedexpensesandobligationsofthedistrictandinitsbestinterestsnowthereforeBEITRESOLVEDbytheCityCounciloftheCityofMedinathatanincreaseintheregularpropertytaxlevyisherebyauthorizedforthe2005levyintheamountof2101417whichisapercentageincreaseof1fromthepreviousyearThisincreaseisexclusiveofadditionalrevenueresultingfromtheadditionofnewconstructionandimprovementstopropertyandanyincreaseinthevalueofstateassessedpropertyandanyadditionalamountsresultingfromanyannexationsthathaveoccurredandrefundsmadeAdoptedthis8thdayofNovember2004MaryOdermatMayorApprovedastoformKirkRWinesCityAttorneyAttestRandyReedCMCCityClerkPassediliEFiledwithCityClerkvPublished2EffectiveDate SUMMARYOFORDINANCENO779oftheCityofMedinaWashingtonOnNovember82004theCityCounciloftheCityofMedinaWashingtonapprovedOrdinanceNo779themainpointsofwhicharesummarizedbyitstitleasfollowsINCREASINGTHEAMOUNTTOBERAISEDBYTAXATIONFORTHEYEAR2005ThefulltextofthisordinancewillbemaileduponrequestAPPROVEDbytheCityCouncilattheirmeetingofNovember82004RandyReedCMCCityClerk