HomeMy WebLinkAboutOrdinance No. 0818CITY OF MEDINA
ORDINANCE NO.818
AN ORDINANCE CERTIFYING TO THE GOVERNING AUTHORITY OF KING
COUNTY THE ESTIMATES OF THE AMOUNT TO BE RAISED BY TAXATION FOR
THE YEAR 2008 ON THE ESTIMATED ASSESSED VALUATION OF THE PROPERTY
IN THE CITY AS REQUIRED BY R.C.W. 84.52.020.
THE CITY COUNCIL OF THE CITY OF MEDINA, WASHINGTON, DOES
ORDAIN AS FOLLOWS:
SECTION 1. After hearing and duly considering all relevant evidence and testimony
presented, that the Medina Taxing District requires an increase of 3.06% in property tax
revenue from the previous year resulting from the addition of new construction for taxing
years 2007 and 2008, and improvements to property and any increase in the value of
state -assessed property, in order to discharge the expected expenses and obligations of
the district and in its best interest.
SECTION 2. Levy. For the purpose of raising such amount, a levy on all taxable
property within the City, both real and personal, on each and every dollar of assessed
valuation of such property, is necessary, said revenue and levy to be allocated as
follows:
General Tax Levy:
For: General Purposes
Total General Levy
TOTAL TAX LEVY
$2,191,253
$2,191,253
$2,191,253
SECTION 3. Code Reference. All sections hereof shall be considered of temporary or
special effect.
SECTION 4. Effective Date. This ordinance shall take effect upon the 1st day of
January, 2008.
PASSED BY THE CITY COUNCIL ON THE 13t" DAY OF NOVEMBER, 2007
AND SIGNED IN AUTHENTICATION OF ITS PASSA E THE 13 DAY OF
NOVEMBER, 2007. `
Approved as to form:
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f Wa9,nb D. Tanaka, City Attorney
Passed: 11 /13/2007
Published: l( ( (P "
Eff Date: 01/01/2008
Miles R. Adam, Mayor
Attest-
R hel Baker, City Clerk
SUMMARY OF ORDINANCE NO. 818
of the City of Medina, Washington
On November 13, 2007, the City Council of the City of Medina, Washington,
approved Ordinance No. 818, the main points of which are summarized by its title as
follows:
AN ORDINANCE CERTIFYING TO THE GOVERNING AUTHORITY OF KING
COUNTY THE ESTIMATES OF THE AMOUNT TO BE RAISED BY TAXATION FOR
THE YEAR 2008 ON THE ESTIMATED ASSESSED VALUATION OF THE PROPERTY
IN THE CITY AS REQUIRED BY R.C.W. 84.52.020.
The full text of this ordinance will be mailed upon request.
APPROVED by the City Council at their meeting of November 13, 2007.
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Ra hel Baker, City Clerk