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HomeMy WebLinkAboutRes 1701 - Find Substantial Need for 2010 Property Tax Levy �J��11L•4:. �qcS' C l ty of u la Washington Resolution No. I r 7V A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DECLARING A FINDING OF SUBSTANTIAL NEED RELATING TO THE CITY OF TUKWILA PROPERTY TAX LEVY, COMMENCING JANUARY 1, 2010, ON ALL PROPERTY, BOTH REAL AND PERSONAL, IN COMPLIANCE WITH RCW 84.55.120. WHEREAS, the City of Tukwila has properly given notice of a public hearing held on November 23, 2009, pursuant to RCW 84.55.120; and WHEREAS, due to declining sales tax revenue and general maintenance and operation expenses, the City Council finds there is a substantial need to increase the budget by 1.0% and to set the levy limit at 101 pursuant to RCW 84.55.0101; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. An increase of 1.0% in the regular property tax levy, in addition to any amount resulting from the addition of new construction and improvements to property and any increase in the value of State assessed property, is hereby authorized for the 2010 levy. This increase is exclusive of additional revenue resulting from new construction, improvements to property, any increase in the value of State assessed property, any annexations that have occurred and refunds made. PASSED BY THE CITY COUNCIL Oey THE CITY OF TUKWILA, WASHINGTON, at a Special Meeting thereof this day of Y-e rn 2009. ATTEST/ AUTHENTICATED: �G. i Al u Yet �A Joan Hernandez, Council PrAdent Christy O'Flaherty, CMC, City (�krlj APPRO S ORM BY: Filed with the City Clerk: 0 4 1C 9 Passed by the City Council: 1 12 =31 c q -,.mace of e i It ey Resolution Number: i W Word Processing\ Resolutions\ Property Tax bevy Substantial Need doc SH.ksn 11/24/2009 Page 1 of I