HomeMy WebLinkAboutResolution No. 069CITY OF MEDINA
RESOLUTION No;. 69
A RESOLUTION requiring the Medina Heights area to assume its share
of the City's bonded indebtedness if annexed to the City.
WHEREAS owners of property comprising 10% or more of the assessed
valuation of the area known as Medina Heights, having affixed their
signatures to a notice to the Medina City Council to commence annexation
proceedings and,
WHEREAS the Medina City Council having, met with said initiating
parties on January 20, 1966 to determine whether the City will accept
the proposed annexation, and whether it shall require the assumption
of indebtedness in accordance with Chapter 35-13.125 RCW,
THEREFORE, BE IT RESOLVED that the City of Medina will accept
annexation of the area known as Medina Heights, and described more
fully in the notice of the initiating parties, that since Medina levels
of taxation in recent years, for all purposes, have been and are now
below those levied by King County in the area proposed £or annexation,
and equal to or below the ordinary 15 mill levy of a city, that the
residents be asked to assume, pro rata, the area's share of existing
indebtedness (all bonded) of the City.
THIS RESOLUTION adopted this 14th day of March, 1966.
THORNTON THCMAS, Mayor
Attest:
BERNICE SCW'DEN, City Clerk
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City Clerk
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