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5559
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Last modified
4/9/2012 9:06:34 AM
Creation date
11/5/2014 12:17:50 PM
Metadata
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City Ordinances
Passed
8/18/1986
Ordinance Number
5559
Bill Number
7763
Introdate
8/18/1986
Description
Tax rate for fiscal year 1986-1987
Introduced By
Councilmember Schoomer
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issue of NINE HUNDRED AND FIFTY THOUSAND DOLLARS ($950,000.00) of the City <br /> authorized by a vote of the qualified voters of said City at a special election <br /> called and held on the 7th day of June, 1966, said election being in pursuance of <br /> the provisions of Ordinance No. 4211; for all issued and outstanding bonds of an <br /> authorized issue of TWO HUNDRED AND SEVENTY FIVE THOUSAND DOLLARS ($275,000.00) <br /> of municipal bonds of the City authorized by a vote of the qualified voters of <br /> said City at a special election called and held on the 7th day of November, 1967, <br /> said election being in pursuance of the provisions of Ordinance No. 4359; for all <br /> issued and outstanding bonds of an authorized issue of FIVE HUNDRED AND FORTY <br /> THOUSAND DOLLARS ($540,000.00) of municipal bonds of the City authorized by a <br /> vote of the qualified voters of said City at a special election called and held <br /> on the 13th day of June, 1972, said election being in pursuance of the provisions <br /> of Ordinance No. 4730; and for all bonds of an authorized issue of ONE 14ILLION <br /> TWO HUNDRED THOUSAND DOLLARS ($1,200,000.00) of municipal bonds of the City <br /> authorized by a vote of the qualified voters of said City at a special election <br /> called and held on the 3rd day of April, 1979, said election being in pursuance <br /> of the provisions of Ordinance No. 5141. <br /> Section 4. There is hereby levied upon all real, personal and other <br /> property subject to taxation in the City of University City for the fiscal year <br /> 1986-87, a special tax at the rate of FOURTEEN CENTS ($.14) on each ONE HUNDRED <br /> DOLLARS ($100.00) of assessed valuation for the purpose of providing a retirement <br /> fund for salaried members of the Police and Fire Departments in accordance with <br /> the provisions of the ordinances of the City relating thereto. <br /> Section 5. An emergency is hereby declared to exist in that these <br /> rates must be submitted to the County Assessor by September 1, 1986. <br /> Section 6. This ordinance shall take effect and be in force from and <br /> after its passage as provided by law. <br /> PASSED this 18th day of August, 1986. <br /> MAY <br /> ATTEST: <br /> Q- , <br /> CITY CLERK <br /> CERTIFIED TO BE CORRECT AS TO FORM: <br /> .CITY RNEY <br /> 2 <br />
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