Ordinance 1390ORDINANCE NO. / 0
AN ORDINANCE ING THE GE AL TAXES FOR THE
CITY OF EDMONDS FOR THE FISCAL YEAR CO INCING
JANUARY 1, 1969, ON ALL PROPERTY, BOTH REAL AND
SONAL, IN SAID CITY, SUBJECT TO TAXATION FOR
THE ::~POSE OF RAISING SUFFICIENT TO CARRY
ON THE S RAL DEPARTMENTS OF SAID CITY FOR THE
ENSUING YEAR AS REQ. .E BY LAW; AND PROVIDING
FOR THE COT,T.F,CTION T ',_ OF.
AS, the City Council of the City of Edmonds, having
heretofore adopted by Ordinance the final budget for the fis-
cal year 1969, and having further ascertained the amounts
necessary to be raised by taxation, which amounts do not exceed
the amount necessary to be raised by taxation as specified in
the preliminary budget of said City, now, therefore,
THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON DO
ORDAIN AS FOLLOWS:
Section 1. Thatthere shall be and hereby is levied on
all real and personal property in the City of Edmonds, subject
to taxation, current taxes for the ensuing year commencing
January 1, 1969, the sum of $306,817.87 for the Current Expense
Fund and $19,540 for the Firemen's Pension Fund (which is
approximately 12 mills including that provided by RCW 41.16.060
on an assessed valuation of $33,217,086) and the sum of
$108,785.96 for the Street Department (which is approximately
4 mills on an assessed valuation of $33,217,086).
Section 2. That in addition to the above levies for the
ensuing fiscal year 1969, there shall be and hereby is levied
current taxes of $36,792.50 (which is approximately a 1.4863
mill property tax on an assessed valuation of $24,753,567)
the purpose of which is to retire the outstanding obligation
incurred by the City for Refunding General Obligation Bonds
which retired bonds that had been issued after an affirmative
vote of the citizens in favor of the construction of Fire
Station No. 2 for said City and the construction of the
Edmonds Civic Center.
Section 3. That in addition to the above levies for the
ensuing fiscal year 1969, there shall be and hereby is levied
current taxes of $43,485 (which is approximately a 1.3091
mill property tax on an assessed valuation of $33,217,086)
the purpose of which is to retire the outstanding obligation
incurred by the City after an affirmative vote of the citizens
in favor of the acquisition of public parks.
Section 4. That this Ordinance shall be certified to
the proper County Officials, as provided by law, and the taxes
here levied shall be collected and paid to the City Treasurer
of the City of Edmonds, at the time and in the manner provided
by the laws of the State of Washington for the collection of
taxes for third class cities.
APPROVED:
MAY OR
ATTEST:
PASSED BY THE CITY COUNCIL: October 7, 1968
FILED WITH THE CITY CLERK: October 7, 1968
PUBLISHED: October 16, 1968.
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