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HomeMy WebLinkAboutOrd 2073 - 2005 Property Tax Levy RateAN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, INCREASING THE CITY OF TUKWILA REGULAR LEVY FROM THE PREVIOUS YEAR, COMMENCING JANUARY 1, 2005, ON ALL PROPERTY, BOTH REAL AND PERSONAL, IN COMPLIANCE WITH RCW 84.55.120; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the City of Tukwila has properly given notice of the public hearings held on November 22, 2004, to consider the City's current revenues and expenses budget for the 2005 calendar year, pursuant to RCW 84.55.120; and WHEREAS, the City, after hearing and duly considering all relevant evidence and testimony presented, has determined that the City requires an increase in property tax revenue from the previous year, in addition to the increase resulting from the addition of new construction and improvements to property and any increase in the value of State- assessed property, in order to discharge the expected expenses and obligations of the City; and WHEREAS, the City has determined that it is in its best interest and necessary to meet its expenses and obligations for the property tax revenue to be increased for 2005, and the final assessed valuation calculation has been determined; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. An increase 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 2005 levy in the amount of $97,103, which is a percentage increase of .93 percent from the previous year. Section 2. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 3. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City, and shall take effect and be in full force and effect January 1, 2005. PASSED BY THE CITY COUNCIL OF THE CITY 9F TUKWILA, WASHINGTON, at a Special Meeting thereof this /'Y_ day of 't ire; jt('A 2004. ATTEST AUTHENTICATED: Ja /e E. Cantu, CMC, City Clerk APPROV TO ORM BY: Ofliec4f`t x ity Attorney Regular Tax Levy 11/19,'04 City of Tukwila Washington Ordinance No. Filed with the City Clerk: Passed by the City Council: Published: Effective Date: Ordinance Number: Steven M. Mullet, Mayor SUMMARY OF ORDINANCE No. 2073 City of Tukwila, Washington On November 22, 2004, the City Council of the City of Tukwila, Washington, adopted Ordinance No. 2073, the main points of which are summarized by its title as follows: An ordinance of the City Council of the City of Tukwila, Washington, increasing the City of Tukwila Regular Levy from the previous year, commencing January 1, 2005, on all property, both real and personal, in compliance with RCW 84.55.120; providing for severability; and establishing an effective date. The full text of this ordinance will be mailed upon request. Approved by the City Council at a Special Meeting of November, 2004. 7 Ja0 E. Cantu, CMC, City Clerk Published Seattle Times: November 26, 2004