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HomeMy WebLinkAboutOrdinance No. 0833CITY OF MEDINA ORDINANCE NO. 833 AN ORDINANCE CERTIFYING TO THE GOVERNING AUTHORITY OF KING COUNTY THE ESTIMATES OF THE AMOUNT TO BE RAISED BY TAXATION FOR THE YEAR 2009 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 no increase in property tax revenue from the previous year resulting from the addition of new construction for taxing years 2008 and 2009, 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. LAC. 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 Lew: For: General Purposes Total General Levy TOTAL TAX LEVY $2,247,183 $2,247,183 $2,247,183 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 1 st day of January, 2009. PASSED BY THE CITY COUNCIL ON THE 10 DAY OF NOVEMBER 2008 AND SIGNED IN AUTHENTICATION OF ITS PASSAGE THE 10 DAY OF NOVEMBER 2008. Approved as to orm: Wayn . Tanaka, City Attorney Passed: 11 /10/2008 Published: Eff Date: 1 ( 2-00c1 Mark Nelson, Mayor Attest Ra hel Baker, City Clerk SUMMARY OF ORDINANCE NO. 833 of the City of Medina, Washington On November 10, 2008, the City Council of the City of Medina, Washington, approved Ordinance No. 833, 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 2009 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 10, 2008. Rac el Baker, City Clerk