Ordinance 2029ORDINANCE NO. 2029
AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON,
AMENDING ORDINANCE NO. 2026 PASSED ON OCTOBER 3,
1978, TO RELEVY THE GENERAL TAXES FOR THE CITY OF
EDMONDS FOR THE FISCAL YEAR COMMENCING JANUARY 1,
1979, ON ALL PROPERTY, BOTH REAL AND PERSONAL, IN
SAID CITY WHICH IS SUBJECT TO TAXATION FOR THE
PURPOSE OF PAYING SUFFICIENT REVENUE TO CARRY ON
THE SEVERAL DEPARTMENTS OF SAID CITY FOR THE
ENSUING YEAR AS REQUIRED BY LAW, PROVIDING FOR
COLLECTION THEREOF, AND DECLARING AN EMERGENCY.
WHEREAS, the City Council of the City of Edmonds
having considered the City's anticipated financial requirements
for 1979, and the amounts necessary and available to be
raised by ad valorem taxes on real, personal and utility
property, now, therefore,
THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON,
DO ORDAIN AS FOLLOWS:
Section 1. Section 1 of Ordinance No. 2026,
passed on October 3, 1978, is hereby amended to read as
follows:
There shall be and hereby is levied on all real,
personal, and utility property in the City of
Edmonds, subject to taxation, current taxes for
the ensuing year commencing January 1, 1979, the
sum of $1,185,358.00, which is $3.123 per $1,000.00
of assessed valuation levied on property with an
estimated assessed valuation of approximately
$379,560,874.00, of all said taxable property, for
the Current Expense Funds and for the Firemen's
Pension Fund as may be necessary to maintain the
actuarial soundness of said Firemen's Pension
Fund, if any be needed.
Section_2. Section 2 of Ordinance No. 2026,
passed on October 3, 1978, is hereby amended to read as
follows:
In addition to the above levies for the ensuing
fiscal year of 1979, there shall be and is hereby
-1-
levied current taxes of $36,980.00, which is
approximately .1332 dollars per $1,000.00 of
assessed valuation levied on property with an
estimated assessed valuation of $277,548,303.00,
the purpose of which is to retire the outstanding
obligation incurred by the City for refunding
General Obligation Bonds which retired bonds that
have been issued after an affirmative vote of
the citizens in favor of the construction of
the Edmonds Civic Center.
Section 3. This Ordinance shall be certified to
the proper County Officials, as provided by law, and taxes
here levied shall be collected to pay to the Finance Director
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 non -chartered code cities.
Section 4. The City Council declares and finds that
this Ordinance is necessary for the public health, safety and
general welfare and that an emergency exists requiring it to
be effective immediately upon passage.
APPROVED:
Z7�'_
MAYOR, H. H. HARRISON
ATTEST/AUTHENTICATED:
CITY CLERK, IRENE VARNEY MORAN
APPROVED AS TO FORM:
OFFICE OF THE CITY ATTORNEY
By uAtew 'w
FILED WITH THE CITY CLERf: October 25, 1978
PASSED BY THE CITY COUNCIL: October 30, 1978
POSTED: October 31, 1978
EFFECTIVE DATE: October 30, 1978
EPM
AFFIDAVIT OF POS'T'ING ORDINANCE
STATE OF WASHINGTON )
ss:
COUNTY OF SNOHOMISH )
IRENE VARNEY MORAN
, being first duly sworn
on oath deposes and says that S he is over the age of eighteen
(18) years and is competent to testify as to the matter
stated herein.
On the 31
day of october
1978 , affiant
posted true and correct copies of the attached Ordinance No.
2029, passed by the City Council on the
30th
day of
October , 197 8 , at the three official posting places
for City notices which are the public bulletin boards at
the following locations:
Edmonds Civic Center
250 Fifth Avenue North
Edmonds, Washington 98020
Edmonds Public Library
Civic Center
250 Fifth Avenue North
Edmonds, Washington 98020
Edmond Branch of the
United States Post Office
201 Main Street
Edmonds, Washington 98020.
DATED this 31 day of October
1978 .
,Q SUBSCRIBED AND SWORN to before me this Ja� day of
19 7
ota.y Public in and for the
State of Washington, residing
at E'eoe _