HomeMy WebLinkAboutCC RESO 2010-162RESOLUTION NO. 2010 — 162
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY
ESTABLISHING THE LIBRARY GENERAL OBLIGATION BOND TAX RATE FOR
FISCAL YEAR 2010-2011 AT 1.42 CENTS PER $100 OF ASSESSED VALUATION
WHEREAS, the total net taxable secured assessed valuation of the City is now at
$2,679,993,000 full value; and
WHEREAS, the amount of revenue to be raised from the tax base for Fiscal Year
2010/2011 is $399,740, according to the voter approved bonded indebtedness, thereby
establishing the rate of property tax required.
NOW, THEREFORE, BE IT RESOLVED that the Library General Obligation
Bond tax rate for the City of National City for the fiscal year ending June 30, 2011, be and
hereby is established at $0.0142 per $100 assessed value.
2002 GENERAL OBLIGATION BONDS:
$0.0142 PER $100 ASSESSED VALUE
PASSED and ADOPTED this 20th day of July, 20
Ron Morrison, Mayor
ATTEST:
/;Z/t,ZilA,
Miclfael R. Da la, ity Clerk
PPROVED AS,TO FORM:
Claudia G.
City Attorn
Passed and adopted by the Council of the City of National City, California, on July 20,
2010 by the following vote, to -wit:
Ayes: Councilmembers Morrison, Sotelo-Solis, Van Deventer, Zarate.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Mayor of the City of National City, California
City lerk of the City of National City, California
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2010-162 of the City of National City, California, passed and
adopted by the Council of said City on July 20, 2010.
City Clerk of the City of National City, California
By:
Deputy