Ordinance 1948ORDINANCE NO. 1948
AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON,
LEVYING THE GENERAL TAXES FOR THE CITY OF EDMONDS
FOR THE FISCAL YEAR COMMENCING JANUARY 1, 1978,
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, AND PROVIDING FOR
COLLECTION THEREOF.
WHEREAS, the City Council of the City of Edmonds having
considered the City's aniticipated financial requirements for
1978, 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. 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 com-
mencing January 1, 1978, the sum of $ 2 7 rj which is
$3.60 per $1,000 of assessed valuation levied on property
with an estimated assessed valuation of approximately $ -5-,2 9 ySI?
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. In addition to the above levies for the
ensuing fiscal year of 1978, there shall be and is hereby
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levied current taxes of $ which is approximately
$ ,%3 per $1,000 of assessed valuation levied on pro-
perty with an estimated assessed valuation of $ .2,5- 3. 67/1 `%ZS-
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 -charter code cities.
APPROVED:
MAYOR, H. H. HARRISON
ATTEST:
CITY CLERK, IRENE ARNEY MORAN
FILED WITH THE CITY CLERK: September 22, 1977
PASSED BY THE CITY COUNCIL: September 27, 1977
PUBLISHED: October 5, 1977
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