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HomeMy WebLinkAboutResolution No. 260RESOLUTION NO. 260 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MEDINA, WASHINGTON, AUTHORIZING AN INCREASE IN PROPERTY TAX REVENUE WHEREAS, the City of Medina attests that the population of Medina is less than ten thousand; and WHEREAS, the City Council has properly given notice of the public hearing held December 14 to consider the City's current expense budget for the 1999 calendar year, pursuant to RCW 84.55.120; WHEREAS, the City Council, after hearing and after duly considering all relevant evidence and testimony presented, has determined that the taxing district requires no increase in property tax revenue from the previous year in order to discharge the expected expenses and obligations of the City and in its best interest; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Medina that a regular property tax levy is hereby authorized for the 1999 levy in the amount of $1,275,000 which is less than the previous year. THIS RESOLUTION ADOPTED THE 14TH DAY OF DECEMBER, 1998. zzz Daniel ecker, Mayor H11wood T. Edvalson, City Clerk