Ordinance 1330ORDINANCE NO. /��
AN ORDINANCE LEVYING THE GENERAL TAXES FOR THE
CITY OF EDMONDS FOR THE FISCAL YEAR COMMENCING
JANUARY 1.3, 1968, ON ALL PROPERTY9 BOTH REAL AND
PERSONALO IN SAID CITY1, SUBJECT TO TAXATION FOR
THE PURPOSE OF RAISING SUFFICIENT REVENUE TO CARRY
ON THE SEVERAL DEPARTMENTS OF SAID CITY FOR THE
ENSUING YEAR AS REQUIRED BY LAW; AND PROVIDING FOR
THE COLLECTION THEREOF.
WHEREAS, the City Council of the City of Edmonds, having
heretofore adopted by Ordinance the final budget for the fis-
cal year 1968, 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 DO ORDAIN AS
FOLLOWS:
Section to That there 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, 1968, the sum of $273,791.73 for the Current Expense
Fund (which is approximately 12 mills including that provided
by RCW 41.16.060 on an assessed valuation of $27,908,336.00)
and the sum of $91,723.41 for the Street Department (which is
approximately 4 mills on an assessed valuation of $27,908,336.00) .
Section 2. That in addition to the above levies for the
ensuing fiscal year 1968, there shall be and hereby is levied
current taxes of $37,917.50 which is approximately a 1.88655
mill property tax on an assessed valuation of $20,098,739.00)
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 fi.§cal year 1967, there shall be and hereby is levied
current taxes of $44,975.20 (which is approximately a 1.61155
mill property tax on an assessed valuation of $27,908,336.00)
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:
ON MAXWELLO MAYOR
ATTEST:
CITY CLERK
PASSED BY THE CITY COUNCIL: October 3, 1967
FILED WITH THE CITY CLERK: October 3, 1967
PUBLISHED: October 11, 1967
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