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HomeMy WebLinkAboutOrd 2106 - 2006 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, 2006, 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 21, 2005, to consider the City's current revenues and expenses budget for the 2006 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 2006, 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 2006 levy in the amount of $107,259, which is a percentage increase of 1.0 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, 2006. PASSED BY THE CITY COUNCI at a Special Meeting thereof this 28TH DAY OF NOVEMBER, 2005 ATTEST/ AUTHENTICATED: Jane E. Cantu, CMC, City Clerk APPROVED AS TO FORM BY: Office of the City Attorney City of Tukwila Washington Ordinance No. 2106 Filed with the City Clerk: Passed by the City Council: Published: Effective Date: Ordinance Number: C' \Documents and Settings\All Users\ Desktop \Kelly \MSDATA \Ordinances \Regular Tax Levy.doc KF:ksn 11/22/2005 Steven M. Mullet, Mayor Page 1 of 1 SUMMARY OF ORDINANCE No. 2106 City of Tukwila, Washington On November 28, 2005, the City Council of the City of Tukwila, Washington, adopted Ordinance No. 2106, 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, 2006, 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 their Special Meeting of November 28, 2005. Published Seattle Times: December 2, 2005 f 1�- )4., Jan E. Cantu, CMC, City Clerk