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Ordinance 3475ORDINANCE NO. 3475 AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, MAKING CERTAIN LEGISLATIVE FINDINGS, INCREASING THE PROPERTY TAX LEVY RATE FOR 2004, AND FIXING A TIME WHEN THE SAME SHALL BECOME EFFECTIVE. WHEREAS, the City Council of the City of Edmonds attest that the population of Edmonds is more than ten thousand; and WHEREAS, the City Council and the City of Edmonds have properly given notice of the public hearing held on November 18, 2004, to consider the City's current expense budget for the 2004 calendar year, pursuant to RCW 84.55.120; and WHEREAS, the City Council in the course of considering the budget for 2004 have reviewed all sources of revenue and examined all anticipated expenses and obligations; and WHEREAS, the City Council has determined by separate resolution following public hearing to increase the regular property tax levy by 1 %; and WHEREAS, the City Council, after such hearing have determined that it is in the best interest of and necessary to meet the expenses and obligation of the City for the property tax revenue to be increased from the previous year, in addition to the increase resulting from the addition of new construction and improvements to property and any increase in the value of state - assessed property; NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, DO ORDAIN AS FOLLOWS: — 1 — Section 1. The limit factor for the regular levy for the calendar year 2004 shall be 101% of the highest amount of regular property taxes that could have been levied in the City in any year since 1985. Section 2. The total amount levied for 2004 regular property taxes is $8,014,800. Section 3. The total amount levied for 2004 for the public safety complex bonds is $742,173. Section 4. The total amount levied for 2004 for the emergency medical services tax is $2,248,655. Section 5. Effective Date. This ordinance, being an exercise of a power specifically delegated to the City legislative body, is not subject to referendum, and shall take effect five (5) days after passage and publication of an approved summary thereof consisting of the title. It is enacted on a vote of a majority plus one of the City Council. ATTEST /AUTHENTICATED: .d.r -�. -�-/ CITY CLERK, SANDRA S. CHASE APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY: BY � APPROVED: MAY R, GAIV HAAKENSON —2— FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: PUBLISHED: EFFECTIVE DATE: ORDINANCE NO. 11/21/2003 11/25/2003 12/03/2003 12/08/2003 3475 -3- SUMMARY OF ORDINANCE NO. 3475 of the City of Edmonds, Washington On the 25th day of November, 2003, the City Council of the City of Edmonds, passed Ordinance No. 3475. A summary of the content of said ordinance, consisting of the title, provides as follows: AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, MAKING CERTAIN LEGISLATIVE FINDINGS, INCREASING THE PROPERTY TAX LEVY RATE FOR 2004, AND FIXING A TIME WHEN THE SAME SHALL BECOME EFFECTIVE. The full text of this Ordinance will be mailed upon request. DATED this 26th day of November, 2003. CITY CLERK, SANDRA S. CHASE Affidavit of Publication STATE OF WASHINGTON, } S.S. COUNTY OF SNOHOMISH SUMMARY OE- ORDINANCE NO_.3475 of the City of Edmonds, Washington On the 2511h day of November, 2003, the City Council of the City of Edmonds, passed Ordinance No. 3475 A summa - ry of the content of said ordinance, consisting of the title, pro- vides as follows: AN ORDINANCE of the City of Edmonds, Washington, Emakin� cert a'n legislative findings, increasing the proper- ty tax evy rat for 2004, and fixing a time when the same shall become effective. The full text of this Ordinance will be mailed upon request. i DfED this 26th day of November, 2003. CITY CLERK, SANDRA S. CHASE Published: December 3, 2003. The undersigned, being first duly sworn on oath deposes and says that she is Principal Clerk of THE HERALD, a daily newspaper printed and published in the City of Everett, County of Snohomish, and State of Washington; that said newspaper is a newspaper of general circulation in said County and State; that said newspaper has been approved as a legal newspaper by order of the Superior Court of Snohomish County and that the notice of Edmonds Summary of Ordinance No. 3475 a printed copy of which is hereunto attached, was published in said newspaper proper and not in supplement form, in the regular and entire edition of said paper on the following days and times, namely: December 03, 2003 and that said newspaper was regularly distributed to its subscribers during all of said period. Subscribed and sworn to before me this day of December Notary Public in and for the County. 3rd i OTgq ° o N� -Am :N residing at 4et0�t; Snoho&L G _ 'tt,i F WAS\A\ Account Name: City of Edmonds Account Number. 101416 Order Number: 0001112058